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KPMG LAYOFFS
Big Four firms' India operations shine amid global slumpIndia's Big Four accounting firms have achieved remarkable growth, outperforming global peers in fiscal year 2026. PwC and Deloitte reporte...
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
KPMG seen to slash jobs in UK auditing segmentKPMG UK is set to reduce its workforce in the auditing division. The company anticipates a significant number of departures if a redundancy...
Global overhaul at Big Four firms brings fresh alignments for IndiaBig Four firms are restructuring globally due to slow growth and changing regulations. These changes will impact their Indian operations. E...
Sharan Hegde lays off 15% staff, netizens question why investors' Rs 10 crore is sitting in FDsFinancial influencer Sharan Hegde recently laid off 15% of his company's workforce. Hegde founded the financial education company 1% Club t...
PwC announces 1,800 layoffs in US as part of big restructuring, first in 15 years: ReportPricewaterhouseCoopers layoffs: The job cuts span various roles and departments, primarily affecting advisory and technology operations. Pw...
EY implements significant partner layoffs in US amid streamlining efforts & reduced demand for servicesErnst & Young (EY) is undergoing significant partner layoffs in various U.S. business segments as it strives to streamline operations follo...
KPMG to lay off about 6% of deal advisory staff in UK: ReportsThe layoffs will impact closer to 6% of the 1,700-strong KPMG deal advisory team in the UK, the source said, adding that the move was due t...
Indian IT companies are targeting overcapacity to reduce expensesIndian IT companies are implementing cost-cutting measures to address overcapacity amid the layoffs undertaken by global IT giants. The mea...
Indian IT firms target overcapacity to reduce expensesTighten appraisals, reduce bench period, freeze variable pay to boost voluntary attritions
From retention to 'voluntary' attrition, IT rethinks strategySeveral companies are looking at rationalising their workforce expenses over the next few months through different means including putting ...
Deloitte to cut 1,200 jobs in the US: FTThe layoffs at the auditing firm will be higher in areas such as the financial advisory business, which has been affected by a slump in mer...
EY US to slash 5% of its workforce days after nixing splitThe decision was taken after assessing the impact of current economic conditions, strong employee retention rates and "overcapacity" in par...
McKinsey & Co. to layoff 2000 staff membersMcKinsey & Co. is expected to lay off nearly 2,000 workers. The move of massive layoffs is anticipated to concentrate on support staff who ...
Edtech firm Simplilearn raises $45 million in funding led by GSV VenturesFounded in 2010, Simplilearn offers digital skilling programmes for professionals, enabling learners to upskill and get certified in fast-g...
E-commerce bouncing back after a spell of layoffsThe outlook for the sector is up by 2 points from 91 in October 2016-March 2017 period to 93 in April 2017-September 2017 period.
Wipro CEO TK Kurien poaches star performers from rivals to replace middle, senior level executivesTK Kurien is poaching star performers from rival firms as he approaches the final stages of a mass cull of middle and senior management sta...
- India Inc doles out perks, awards and even hikes
Layoffs may still be the easy way out for cos bogged down by short-term fears, but many employers are investing in the present to hedge fut...
- Global layoffs likely to benefit techies
After the layoffs, a spurt in demand for low-cost, high-skilled IT destinations like India is expected.