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OUTPLACEMENT CLAUSE
Laid off by top tech companies? Here’s what you need to negotiate, and why workers over 40 should pay attentionEmployee rights after layoff: Laid-off workers, especially those over 40, have more time and leverage than they realize when reviewing seve...- Paytm employees cry foul after being asked to quitPaytm layoffs: Following the RBI's decision to terminate Paytm Payments Bank and the wallet business, numerous employees are being asked to...
- Layoffs, rejig one-time exercise, will be over soon: Oyo CEOOyo is asking about 20% of its 12,000 employees to go, but this will end very soon, according to Oyo's CEO.
- 'US Immigration Bill can lead to $30 billion per year loss to India'The 'US Immigration Bill S744' calls for significantly cutting down on outsourcing of work for certain visa holders that is mostly used by ...
- I can’t make investments looking at profits: Rajiv Bansal, CFO, InfosysInfosys’ CFO Rajiv Bansal says he is comfortable with co’s operating margin and would expect it to go up in the long-term.
- US Immigration Bill: IBM softens stance on outplacement clause; may benefit Indian ITThe bill's clause will force Indian IT cos to reduce their dependency on H1-B workers, given that it may require them to fork out higher vi...
- Indian IT companies plan to sponsor more green cards to tackle US visa woesBy doing so, they can expand the pool of employees with access to work in the US, analysts said, giving Indian cos greater leeway.
- Indian IT companies create more jobs in US than American peersIndian IT companies have a better track record of creating jobs in the US over the past several years compared to their American peers like...
- Done reasonably well in Q1, remain cautiously optimistic: SD Shibulal, Infosys"We have done reasonably well in Q1. Revenue has grown by 2.7%. Actually in constant currency terms, it has gone by 3.4%."
- Infosys in talks with clients on US Immigration billThe proposed legislation will hurt the over $100 billion IT-ITES industry in India and domestic software firms like TCS and Infosys.
- Worried Indian IT companies hope for softer final version of immigration billAnalysts said that IT companies are looking at increasing their US hiring or sending more work offshore to try and mitigate the likely impa...
- US immigration bill can hurt India's GDP: JP MorganThe outplacement clause (by impacting the IT sector & subsequent multiplier consequences) could take away 0.3-0.4% of India's GDP.
- Clarity on visa issue will give stability in the long run: N Chandrasekaran, TCS" Highly depreciating rupee is not good from two different points. First of all, it just gives you a sense of false confidence. The second ...
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