Meta is reportedly downsizing its teams across WhatsApp, Instagram, and Reality Labs, among others. Many affected employees have shared their experiences on social media. The company is looking to reallocate resources, which involves reassigning roles to employees and potentially relocating...

While 33,000 Boeing workers remain on strike, demanding a 40 percent wage increase and other benefits, the aviation company is reportedly planning to cut 17,000 jobs. This move would reduce about 10 percent of its global workforce.The strike has...

Wipro has recently launched a revised hybrid work policy aimed at enhancing flexibility while ensuring productivity and collaboration. According to this new framework, employees are required to work from the office three days a week.In an email to employees,...

To the employees of Amazon Web Services (AWS) who are concerned about the new return-to-office policy, CEO Matt Garman has presented an option to leave the company.  At a recent meeting, Garman stated that those who are unhappy with or...

In August 2024, it was reported that Intel was making significant efforts to reduce costs, even if it meant cutting its workforce by at least 15 per cent. This meant letting go of over 15,000 team members to achieve...

Visakhapatnam’s favorable environment for tech growth and development has attracted Tata Consultancy Services (TCS). The Indian multinational is all set to establish an information technology (IT) facility in the city, which will generate jobs for 10,000 people in the...

Noam Shazeer, one of the earliest employees at Google, left the company to start Character.AI. Recently, Google acquired Character.AI for $2.7 billion and brought Shazeer back to take on the role of vice president, leading Gemini, Google’s artificial intelligence...

A former vice president at Goldman Sachs is suing the investment bank for £3.8 million ($5 million) in a sex-discrimination lawsuit. He claims that he was unfairly dismissed after taking six months of paternity leave. Jonathan Reeves, who worked in...

HTC, a Taiwanese tech giant, has announced that it will lay off 15% of its global workforce as part of a major restructuring plan. The company aims to revitalize itself amidst continued sales declines.This decision will impact hundreds of...

The State Bank of India (SBI) plans to recruit nearly 10,000 new employees in the current financial year. The recruitment drive aims to address the bank’s general banking needs and enhance its technological capabilities. This decision reflects the increasing importance...

The employment situation in Canada has been disappointing, with only 22,000 jobs added in August. A video of a long queue of job seekers, mostly Indian students, outside a restaurant went viral, shedding light on the extent of the...

Zomato has recently granted nearly 1.2 crore stock options to its eligible employees. These stocks are granted under the Foodie Bay Employee Stock Option Scheme 2014 (ESOP 2014) and Zomato Employee Stock Option Scheme 2021. The announcement was made in...

Tata Electronics is planning to significantly increase its workforce at the iPhone assembly plant located in Hosur, Tamil Nadu. The company intends to hire an additional 20,000 employees, which will effectively double the current workforce to a total of...

The recent wave of layoffs has led to an increase in the involuntary attrition rate, rising to 4.3% in 2024 from 4% in 2023. However, the rate of employees choosing to leave on their own has decreased. Voluntary attrition...

A 37-year-old woman named Su Qin has been fined S$5,000 (about Rs 3.26 lakh) by a Singapore court for forging a medical certificate to get hospitalization leave from her job as a software developer. Originally from China, Su was...

Half of the human resources team at a US-based tech company was laid off after a major flaw in the company’s applicant tracking system (ATS) was uncovered. The system had been automatically rejecting all job candidates, including internal staff,...

Amazon plans to reduce its number of managerial positions by about 14,000 by early 2025, aiming to save up to $3 billion annually. This move is projected to improve efficiency and agility, as per an analysis by Morgan Stanley....

Qualcomm has announced plans to lay off at least 226 employees in the United States, effective 12 November. The move comes as part of its strategy to diversify its business operations. This decision was disclosed in a California Worker Adjustment...

SpiceJet, which narrowly avoided collapse, has received fresh funding of Rs 3,000 crore from investors, including mutual funds, as part of a critical recovery plan. The airline is now focused on settling outstanding employee dues, which is a top...

Global commercial real estate services firm CBRE is planning to significantly expand its digital and technology (D&T) workforce in India over the next two to three years. The company aims to increase its D&T employee count in the country...