Tata Consultancy Services (TCS) has announced that it will offer salary increments ranging from 4.5% to 7% to its employees, depending on their individual performance. Exceptional performers may receive double-digit hikes in their salary. The increments will be effective...

Marvel, the Hollywood entertainment company, has announced a reduction in its workforce by laying off employees from various departments. This decision aligns with Disney CEO Bob Iger's announcement of a scaled-back production agenda.According to a report from the Hollywood...

Tesla has announced a significant restructuring plan that will result in a 10% reduction in its global workforce, potentially affecting around 14,000 employees worldwide. The aim of this move is to streamline operations and cut costs amidst recent challenges...

Google has terminated 28 employees who participated in protests against the company's collaboration with Israel. The protests took place at Google offices in California and New York and were related to Project Nimbus, a $1.2 billion contract between Google...

In recent days, there have been internal tensions at Google due to employee protests against the company's business dealings with Israel. This resulted in the arrest of nine people and the subsequent dismissal of 28 individuals. As a response,...

Elon Musk, CEO of Tesla, has sent an email to his employees apologizing for the "incorrectly low" severance packages that some recently laid-off employees received. This comes after Tesla announced a 10% reduction in its workforce, affecting approximately 14,000...

According to a report from Reuters, Google is implementing layoffs as a cost-cutting measure, although the number of affected employees has not been disclosed. The layoffs are not widespread, and impacted employees will be given the opportunity to apply...

Tata Electronics plans to hold a roadshow in Hsinchu, Taiwan on April 13, 2024. The company is establishing a plant in India to manufacture semiconductors and chips, and is looking for quality talent from Taiwan. Taiwan is known for...

Novartis, a Swiss pharmaceutical company, is planning to downsize its development organization by about 14%. As a result, 440 roles will be eliminated in Switzerland over the next couple of years, while 240 roles will be cut in the...

Levi Strauss, also known as Levi's, has decided to implement job cuts at its European headquarters located in Michelin, Belgium. This decision comes after the US fashion brand had earlier announced the reduction of its global workforce by 10...

TikTok, a video-streaming platform, has announced on April 12, 2024, that it will be laying off over 250 employees in Ireland. This move follows reports from February indicating the company's intention to reduce up to 300 jobs in Ireland...

Tata Consultancy Services (TCS) recently announced its fourth-quarter results for the period ending March 31, 2024. The company reported a net profit of ?12,434 crore, reflecting a year-on-year growth of 9.1 per cent. Along with this, TCS also reported...

Nvidia, a chip-making company, is rewarding its employees with a special one-time grant of an additional 25% of stock units they received upon joining the company. This grant is being called the "special Jensen grant" after the CEO of...

Recent media sources state that Amazon has announced large layoffs at its cloud computing division, AWS. According to reports, AWS is going through a significant reorganisation that would cause hundreds of workers in its technology, sales, marketing, and physical...

Employees working on the project lost their jobs as a result of Apple's decision to scrap its autonomous electric car project. Some of the special project group's (SPG) 1,400 personnel were reportedly going to be relocated to Apple's generative...

The rapidly expanding airline from India, Vistara, is having serious flight interruptions as a result of pilot unhappiness with new pay scales. More than 100 flights have been cancelled in the last two days, which has caused passengers' inconvenience...

At least 20 Tata Consultancy Services (TCS) employees in the United States have accused the Indian multinational of terminating their employment to fill positions with Indians on H1-B visas. These disgruntled employees claim that TCS unlawfully discriminated against them...

Citigroup's headcount is being further reduced. The most recent round of layoffs will result in the departure of 430 employees from various New York units.Citibank's main banking division will lay off 363 employees, while others will be let go...

Samsung Group has officially launched its annual public recruitment drive for 2024, marking the first comprehensive open recruitment initiative of the year. The company's 19 subsidiaries will be participating in the hiring process on 11 March.According to reports from...

Paytm is reportedly considering a significant reduction in its workforce as part of its annual appraisal cycle. The platform is said to be letting go of 20% of its workforce from various departments. This decision comes amidst heightened scrutiny...