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...

Swiggy is making its stock market debut today, marking a significant moment of wealth creation. This initial public offering (IPO) will transform about 5,000 of the company’s employees into 'crorepatis,' as it is expected to generate a total of...

NASA's Jet Propulsion Laboratory (JPL) in southern California is implementing another round of layoffs, impacting approximately 325 employees, which accounts for about five percent of its workforce.These layoffs will affect various technical, business, and support areas and come in...

The Mozilla Foundation has undertaken a significant restructuring, laying off nearly 30% of its workforce. This decision aims to streamline operations and better position the organization in a rapidly evolving tech landscape.This marks the second round of layoffs for...

Bosch, the German automotive components giant, has announced plans to lay off 7,000 employees due to ongoing economic challenges and business difficulties. The job cuts will primarily impact positions in Germany, particularly within the company’s automotive supply sector. Additionally,...

The Telangana High Court has issued a notice to Tech Mahindra in Hyderabad regarding their failure to provide a relieving letter to a former employee. This notice highlights concerns about employee rights related to the issuance of such letters.The...

Nissan Motor has announced plans to cut 9,000 jobs and reduce its production capacity by 20 percent as it faces significant financial challenges in the first half of fiscal year 2024. The company reported a decline of 79.1 billion...

Freshworks, a cloud software company, announced a 13 percent reduction in its workforce, affecting 660 employees across several countries, including the United States and India. This decision is part of a broader strategy to streamline operations while focusing on...

Volkswagen is considering the closure of up to three factories in Germany, a move that could lead to the layoff of tens of thousands of workers as the company struggles to regain its competitive edge in the European market....

Visa Inc. is reportedly planning to reduce its workforce by approximately 1,400 employees and contractors by the end of 2024. This decision is part of an initiative to streamline its global operations. The cuts are expected to impact around 1,000...

Starbucks has issued a clear warning to its corporate employees about the importance of complying with its hybrid work policy. An internal communication stated that failure to adhere to this policy could result in termination. Starting in January 2025, the...

A Delhi-based software engineer at Google has recently attracted significant attention on social media after sharing a surprising job rejection. Annu Sharma applied for a position outside her current role but was turned down. The reason for the rejection...

The German Cabinet has approved several measures to facilitate the employment of Indian talent and skilled workers in Germany. Many of these initiatives focus on attracting Indian workers who may be discouraged by the requirement to know the German...

Airbus is set for significant growth in India. The company plans to increase its direct workforce to over 5,000 employees and aims to double its sourcing of services and components from the country to $2 billion within the next...

As part of its expansion plans in India, Apple is set to open four new retail stores in Pune, Mumbai, Delhi-NCR, and Bengaluru. The company intends to fill a total of 400 positions, both part-time and full-time, at these...

Raymond Lifestyle plans to hire approximately 9,000 people over the next three years as part of its strategy to open 900 new retail outlets. The clothing company aims to recruit an average of 10 employees for each store to...

Apple recently appointed Carol Surface as its first Chief People Officer (CPO), but she is already leaving the company after a brief tenure. It is quite unusual for a senior executive to depart so soon from Apple. Surface was appointed...

TikTok is reducing its workforce in Malaysia, particularly within the content-moderation division. Media reports indicate that over 700 employees have been laid off as the company shifts its focus to investing more in artificial intelligence (AI) for content moderation....