About 3,000 tech employees now being fired a day on average in JanIn 2022, over 1,000 companies laid off 154,336 workers, as per the data by layoffs tracking site Layoffs.fyi. The mass tech layoffs of 2022...
22 Jan, 2023, 11.29 AM IST
Ola fires about 200 employees in a fresh round of layoffsIn September, the company rescinded the retrenchment of about 200 engineers. One of the sources told ET that the current layoffs are the sa...
13 Jan, 2023, 08.42 PM IST
Ola sacks 200 employees; Wipro net profit up 2.3% in Q3, beats estimatesRiding haling and electric vehicle firm Ola has had a torrid time since the start of the pandemic three years ago. The company laid off as ...
13 Jan, 2023, 07.41 PM IST
Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exitsThis time last year, India’s startup ecosystem was counting unicorns. Now, it’s tallying layoffs. According to data compiled for us by Long...
28 Dec, 2022, 08.05 AM IST
Twitter could go bankrupt, Elon Musk warns; SoftBank books heavy Vision Fund lossElon Musk issued a stark warning to Twitter employees earlier today, warning that the company faced the possibility of going bankrupt. The ...
11 Nov, 2022, 07.08 PM IST
Brands cower as social media mobs run riot; trolling not constructive, says ASCIThis week, AU Small Finance Bank faced backlash online for an advertisement that featured actors Aamir Khan and Kiara Advani. The ad, which...
14 Oct, 2022, 07.36 AM IST
Futile for IT firms to prevent moonlighting: Rajeev Chandrasekar, Wipro rolls out annual hikes for FY22, TCS wants staff back in officeRide-hailing company Ola has decided to not lay off the 200 engineers the company was earlier planning to let go, according to sources in t...
23 Sep, 2022, 08.25 PM IST
Oyo revives IPO plans; Ola sacks 200 more engineersOyo Hotels & Homes, which filed for an initial public offering in October 2021 but put it off earlier this year because of the pandemic and...
19 Sep, 2022, 07.40 PM IST
Govt quietly blocks PUBG replacement; Ola halted EV production after ‘inventory pile-up’A source has told Reuters the government silently ordered the blocking as it was concerned the hugely popular game was sharing users’ data ...
29 Jul, 2022, 06.39 PM IST
Ola to sack 1,000 workers; Aarogya Setu data protocols were discontinued in MayThe restructuring exercise – which is expected to last a few more weeks – is aimed at increasing Ola’s focus on its electric mobility busin...
29 Jul, 2022, 06.58 AM IST
Ola starts handing pink slips, defers appraisalThe SoftBank-backed firm has started laying off employees across functions, said people in the know, but did not share the number of job cu...
26 Jul, 2022, 07.51 PM IST
Exclusive: Delhivery CEO Sahil Barua on daring IPO; Cognizant to go fully hybrid by early 2023One company has chosen to plough ahead despite the less-than-ideal conditions. We spoke to Sahil Barua, founder and CEO of Delhivery, in an...
06 May, 2022, 07.19 AM IST
Cabinet rejig: Rajasthan CM allocates portfolios to ministers, retains home and financeThe 15 ministers were sworn in on Sunday for the expanded Gehlot cabinet, fulfilling a key demand of former deputy chief minister Sachin Pi...
22 Nov, 2021, 07.59 PM IST
Rajasthan Cabinet Reshuffle: The full list of ministers and key highlightsThe cabinet ministers included three who had been elevated from minister of state (MoS) to cabinet rank -- Mamta Bhupesh, Bhajan Lal Jatav ...
22 Nov, 2021, 05.06 PM IST
Rajasthan Cabinet reshuffle: Fifteen ministers to take oath at 4 pmFifteen new Rajasthan ministers will take oath at 4 pm on Sunday at the Raj Bhavan here as part of the Cabinet reshuffle, officials said. T...
21 Nov, 2021, 10.36 AM IST
Zomato in the firing line; Cred’s valuation hits $4BThis morning, Zomato said it had fired a customer service employee who told a customer that he ought to know Hindi. Two hours later, the co...
19 Oct, 2021, 07.06 PM IST
Ola fires 250 people citing non-performance, other issues to take on rival UberThe layoffs come within a month of Ola shutting down its Taxiforsure operations 18 months after it acquired the business for about $200 mil...
03 Sep, 2016, 06.19 PM IST