Tata Projects has launched a series of upskilling initiatives designed to empower its workforce and promote sustainable practices in the construction industry. The primary goal is to enhance workers’ skills, improve their career prospects, and create a pool of...

Freshworks, the US-based IT company with over 5,000 employees worldwide, has announced plans to reduce its workforce by 13%, impacting approximately 660 employees. This decision is part of a broader restructuring strategy aimed at improving operational efficiency and aligning...

Thyssenkrupp, the German industrial engineering and steel production multinational conglomerate is gearing to do away with 5,000 roles at its steel division over a period of five years. By 2030, it also plans to outsource 6,000 positions in an...

Ola Electric, an Indian electric vehicle (EV) company, is set to lay off approximately 500 employees as part of a restructuring effort aimed at enhancing operational efficiency and profitability. This decision comes in response to significant financial losses, a...

Nissan Motor has announced plans to eliminate 1,000 jobs in Thailand as part of its broader strategy to streamline operations and address underperformance. The decision is a key component of the company’s global restructuring plan, which aims to cut...

Ford Motor Company has announced plans to reduce its workforce by 4,000 employees across Europe and the UK by the end of 2027. This decision comes in response to economic challenges, increased competition, and slower-than-expected sales of electric vehicles...

OpenAI is currently facing a lawsuit filed by Elon Musk regarding its employee compensation practices. Musk's legal action names OpenAI, Microsoft, and Reid Hoffman—a board member of Microsoft and a former board member of OpenAI. Musk claims that these companies...

By 30 November 2024, employers can complete the activation process of the Universal Account Number (UAN) via Aadhaar-based OTP for all employees who joined during the current fiscal year. After that, they should extend the same process to their...

General Motors is making significant cuts, potentially leaving thousands of workers jobless as the company seeks to optimize its operations. Recently, 507 positions were eliminated at the Global Technical Centre in Warren, Michigan, which includes around 50 members of...

Volkswagen recently announced plans to close three plants in Germany, and now its subsidiary, Audi, is also preparing to cut costs by reducing its workforce by 15 percent. This will affect approximately 4,500 employees, with around 2,000 of those...

Is Booking.com, the online travel site, planning to reduce its workforce? According to reports, its parent company, Booking Holdings, is reviewing the company's financial situation and has found that operating expenses increased by 13.6 percent in the third quarter....

GoPro, the action camera company, is currently facing significant challenges as it undergoes a critical restructuring phase. The company has recently announced plans to reduce its workforce by approximately 26%. This decision follows an earlier announcement in August about...