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Microsoft admits job layoffs across major divisions based on performance

According to reports, Microsoft is prepared to focus on performance and is preparing to reduce employment. According to Business Insider, it is evident that the organisation has made the decision to take poor performance seriously. In 2023 and 2024, the corporation laid off roughly 10,000 and 4,000 employees, respectively. The gaming division suffered the most in the earlier rounds due to its poor performance. The amount of positions that would be eliminated has not been formally announced this time. As part of a reorganisation effort following its $68.7 billion acquisition of Activision Blizzard, Microsoft lay off over 650 Xbox team members in September. Employees were informed in an official memo at the time that marketing, human resources, and other corporate and supporting departments ...

Apple sacks a large number of Indian employees for salary fraud by misusing the charity scheme

Apple sacks a large number of Indian employees for salary fraud by misusing the charity scheme

Amazon’s office return spurs Seattle’s economic rebirth and traffic challenges

Amazon's office return spurs Seattle's economic rebirth and traffic challenges.

Tamil Nadu announces Pongal bonus for employees and pensioners

Tamil Nadu announces Pongal bonus for employees and pensioners

Adani Group’s Orient Cement buyout raises job security concerns

Adani Group's Orient Cement buyout raises job security concerns

Tata Motors has introduced electric buses for workforce transportation

Tata Motors has introduced electric buses for workforce transportation

Tata Group plans to create 5 lakh manufacturing employment by 2029

Tata Group plans to create 5 lakh manufacturing employment by 2029

Stellantis reverses layoff decision at Ohio plant after CEO departure

Stellantis reverses layoff decision at Ohio plant after CEO departure

Goldman Sachs is in talks to acquire PeopleStrong, an HR services provider backed by multiple private equity firms

Goldman Sachs is in talks to acquire PeopleStrong, an HR services provider backed by multiple private equity firms

Debate erupted over Indian CEO’s leadership in the US Organisations

Debate erupted over Indian CEO's leadership in the US Organisations

Tamil Nadu leads with 80 per cent local IT workforce

With 80% of its IT personnel coming from the state, Tamil Nadu stands out as a pioneer in India’s technology sector. The state demonstrates its prowess in skilled labour by contributing 20% of India’s total number of technology experts. At the 22nd edition of Connect 2024, which was hosted in Chennai by the Confederation of Indian Industry (CII), Minister of Information Technology and Digital Services Palanivel Thiaga Rajan emphasised the government’s dedication to developing local talent and fostering an environment that is conducive to business. Through programs like the ICT Academy, the government is concentrating on making it easier for current businesses to conduct business while giving skill development and workforce integration first priority. This platform, which ...

Employers now have a new EPFO deadline to accept pension applications

Employers now have a new EPFO deadline to accept pension applications

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