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REALME LAYOFF
Oppo starts folding Realme operations into its India business, job roles impactedRealme is being repositioned as a sub-brand within Oppo's framework, with backend operations and sales support teams being integrated to st...- Senior-level IT hiring rebounds; China's BBK group resets India sales strategyIndian IT companies are back headhunting for senior roles. This and more in today’s ETtech Top 5.
- Apple laid off 600 employees after car, smart screen projects shut shop: reportApple layoffs come amid a wider restructuring in the tech industry. As per the report, 371 employees were let go from Apple’s main car-rela...
- Warhammer Age of Sigmar: Realms of Ruin flops, Frontier shares tank nearly 20 per centFrontier Developments faces a stock plunge of nearly 20 per cent due to lackluster launch sales of Warhammer Age of Sigmar: Realms of Ruin....
- Data science provides highest pay scale, followed by big data and data security : SurveyAccording to a survey, freshers skilled in machine learning technology earn the highest average salary in India, while leadership positions...
- Want to know who pays the best salary in tech companies? Here is an insider reportAccording to a recent report from Blind, Google and Meta are offering more attractive compensation packages to engineers compared to Apple,...
- Byju’s fires nearly 500 staffers; new guidelines in place for financial influencersTroubled edtech major Byju's has fired nearly 500 staffers in yet another round of layoffs, this time in the mentoring and product expert f...
- Google's Indian-origin director of news laid off after 13 years: 'In privileged position'Reflecting on his illustrious tenure at Google, Chinnappa recounted the remarkable projects he spearheaded, of which he took immense pride....
- Salary hikes low at handset companiesSome smartphone brands had put a section of underperforming employees under performance-improvement plans, many of whom eventually left the...
- Meesho cuts 15% workforce to prune costs; Tim Cook sees India at a ‘tipping point’After firing 150 employees nearly a year ago, ecommerce startup Meesho has announced layoffs again that will affect 251 employees as it aim...
- Layoffs define tech in 2022; govt weighs in on moonlighting debateWhat goes up must come down. The tech world re-learned this old lesson the hard way in 2022 after two years of unprecedented growth, during...
- Xiaomi fires 900 employees, to slash 10% of jobs globally: ReportThe termination comes after several companies, including Facebook-parent Meta, Elon Musk’s Twitter, and Microsoft, announced layoffs recent...
- Chinese smartphone brands press pause on next year's plansSmartphone brands begin their planning and projections for the next year from October-November, said Navkendar Singh, associate vice presid...
- WhatsApp India head Abhijit Bose quits; RBI picks five banks for retail CBDC pilotMeta India has been hit by fresh top-level exits, days after the tech giant said it would sack about 11,000 employees worldwide. Abhijit Bo...
- Phone, appliance plants to go festive a month earlyDemand for these has been strong as the second wave has receded and companies see this trend persisting. Most have placed orders for compon...
- Battered by Covid-19, Oyo terminates lease contracts for two Gurgaon officesThe Covid-19 pandemic has resulted in Oyo undertaking a significant number of employee layoffs and furloughs, enforcing pay cuts and shutte...
- Retailers say sales at 45-50% of pre-Covid as sentiments down and store operations impactedSales in retail stores was at 45-50% of pre-Covid weekly average in the last week when relaxations were given to sell everything across Ind...
- Boxed in by Chinese rivals, Samsung to sack 1,000 in India150 already laid off at telecom networks division; manpower rationalisation to be completed by October.
- India to add 110 million to global work force: StudyIndia will likely provide the biggest increase to the global labour force over the next decade, adding an additional 110 million workers by...
- Pune’s Persistent Systems introduces reappraisal tests to realign workforceAt a time when IT companies are looking at ways to realign their workforce, given the declining number of clients, Pune-based Persistent Sy...
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