TCS layoffs: Job cuts due to skill mismatch, not AI automation, says CEO K KrithivasanTCS layoffs 2025: CEO K Krithivasan said the recently announced job cuts are due to a “skill mismatch” and not because of artificial intell...
28 Jul, 2025, 04.01 PM IST
Companies tap outplacement firms to help find jobs for fired handsIn the last two-three weeks alone, ABC got as many as 10 enquiries from sectors such as social impact, shared services, food processing and...
22 Apr, 2025, 06.00 AM IST
Outplacement biz sees big pick-up as companies look to soften layoff blowsOutplacement firms are experiencing a surge in demand as companies across various sectors implement restructuring and workforce reductions....
22 Apr, 2025, 12.00 AM IST
Vijay Shekhar Sharma breaks silence on why senior-level employees are leaving Paytm; here's what he saidOne97 Communications, the parent company of Paytm, underwent layoffs in June without specifying the number affected, offering outplacement ...
06 Jul, 2024, 05.11 PM IST
Paytm shares soar over 8% after laying off employees as part of group restructuringPaytm has been facing regulatory trouble after the RBI barred Paytm Payments Bank Ltd from accepting more deposits from February 29, owing ...
10 Jun, 2024, 03.03 PM IST
Paytm lays off employees as part of restructuring, facilitates outplacement supportPaytm's sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly due...
10 Jun, 2024, 11.04 AM IST
Outplacement biz booms as companies help laid-off staff find jobsAmid layoffs in the technology and startups space, outplacement firms are booming. They assist companies in helping affected employees find...
19 Feb, 2024, 12.51 AM IST
Outplacement business booming amid tech, startup layoffsAmid widespread layoffs in the technology and startups sectors, outplacement firms are experiencing a surge in demand as companies seek ass...
15 Feb, 2024, 10.37 PM IST
Amid layoffs, here's how outplacement solutions are helping employeesOutplacement solutions are being offered by companies to help employees who have been laid off find new job opportunities. These solutions ...
15 Sep, 2023, 12.12 PM IST
Naukri.com launches outplacement platform“During these tough times, companies have been compelled to ask their employees to go. With this launch, we stand in solidarity with them a...
16 Jun, 2020, 02.26 PM IST
Some companies that have been forced to lay off staffers are helping them find jobs elsewhereLayoffs are the big story now, and it's never a good day to lose your job. But there's a now a side story to it.
07 Jun, 2020, 09.26 AM IST
Uber lays off 600 staff as Covid-19 hits ride-hailing businessAll employees will receive a minimum of 10 weeks payout, medical insurance coverage for the next six months, outplacement support, be allow...
26 May, 2020, 11.24 AM IST
Outplacement service providers for layoffs, restructuring witnessing 30% rise in queriesSectors like hospitality, aviation, retail, auto, engineering and manufacturing and BFSI are taking the lead right now in terms of queries,...
23 Apr, 2020, 03.30 PM IST
With firing rises hiring of outplacement companiesFirms are now going big on outplacement and career-transition services for staff who are being let go of.
24 Sep, 2019, 04.16 PM IST
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...
19 Sep, 2013, 03.49 AM IST
On layoffs, India Inc still leaves employees in the lurchLayoffs are inevitable, but cos that lead staff to the exit door gently are more likely to attract talent in the future.
09 Feb, 2012, 11.28 AM IST
Cos go extra mile to help fired staff find new jobsCos are making effort to walk employees to the door, and even showing them their next stop, instead of leaving them out in the cold. Keep i...
14 Mar, 2009, 07.38 AM IST