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WIPRO FIRES FRESHERS
Top IT firms add just 17 staff in nine months, hiring nearly freezesIndia's top IT companies saw a dramatic hiring slowdown, adding only 17 net employees in nine months, a stark contrast to last year's 17,76...- Flood of freshers at IT’s Big Four; Byju’s raises $250M, eyes $500M moreAs of the second quarter, IT companies have not indicated any major change in their fresher intake plans for the year except TCS, which has...
- A correction good for IT companies, staff: Nasscom chairpersonKrishnan Ramanujam said it is as bad a judgment call for an employee to take steep salary hikes for no discernible reason as it is for an e...
- Edtech: M&A talks gain momentum amid a prolonged funding crunchEven as the winter recedes from the capital, the chilly undercurrent of the funding winter was palpable at the GSV Emeritus India Summit, o...
- Google permits alternative billing system, but developers cry foul; Uber looks to partner with private taxi operatorsComplying with Competition Commission of India (CCI) directives, Google is bringing about a change in its ‘Google Play payment policy’. The...
- Mid-level IT staff hired at expensive salaries face higher scrutiny as firms tighten beltSalary increases will be muted this year as companies try to optimise costs and better utilise employees amid macroeconomic headwinds and g...
- 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...
- Wipro lets go of 452 freshers after failing internal testSources close to the development said that the company had spent Rs 75,000 on training each of the candidates but the amount will be waived...
- 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 ...
- Byju’s bags $250M from existing backers; sharp hiring cuts at top four IT firmsIndia’s largest edtech firm has been facing turbulent times over the past six months, with questions being raised about the 18-month delay ...
- Wipro Q2 growth: ET poll predicts 14% yearly revenue increaseWipro's net profit is expected to come at Rs 2,845 crore, down 3% on year. The revenue and profit are expected to climb 4.2% and 11.4% resp...
- IT firms seek legal help on moonlighting; Reliance shelves JioMarket planSome companies are asking law firms to re-examine contracts in a way that their interests are protected while giving employees some flexibi...
- To moonlight or not to? The buzzing question among Indian techiesThis irregular gig has another name in the industry – moonlighting. Moonlighting refers to pursuit of more than one job, usually during non...
- Wipro CEO expects 30% growth, says 'big' purchase on cardsProfitability will be tested in next few quarters by attrition and Capco impact, says Wipro CEO Thierry Delaporte
- Indian IT employees stare at a mid-life crisisThe axe will fall mainly on midlevel employees and those who haven’t picked up relevant skills.
- Bulk hiring by IT companies at tier-2 & 3 engineering colleges and B-schools may get hit hardPlacement heads across colleges said they are keenly tracking developments on layoffs, visa issues, etc, and ensuring students are kept in ...
- IT companies like Wipro, Mindtree, HCL and others see sharp drop in July-Sept attrition levelsAttrition in toptier IT cos has seen a sharp decline over the past year, indicating a slowdown in hiring of mid to senior level IT professi...
- Indian IT companies like Infosys, TCS, Wipro go slow on hiring of IT professionalsWipro's attrition rate has dropped sharply to 14.6% in the September quarter from the 21-22 % rates in the first half of the last financial...
- Our growth is not coming at the cost of our margins: Vineet Nayar, CEO, HCLIn an interview with ET, Mr Nayar talks about how HCL increased its market share during, perhaps, the toughest recession India’s $50-billio...
- Wipro to hire sacked staffersThe division, which recruited 1,000 people in the first six months of the fiscal, expects hiring numbers in the second half of the year to ...
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