June 24th, 2017Tata Consultancy Services (TCS) was ranked among the top two job creators in the US for the IT services sector over the past five years, according to a study.
The countrys largest software exporter has recruited more than 12,500 US employees from 2012-2016, while it ranked first in terms of US employee growth during that period, at 57...
June 8th, 2017Ride-hailing company Uber has fired a top executive who had allegedly obtained medical records of a 26-year-old woman raped by an Uber driver in India in 2014, according to a media report.
Eric Alexander, the president of business in the Asia Pacific, was fired on Tuesday, just as the company announced that it had fired 20 employees...
June 7th, 2017Uber Technologies Inc said on Tuesday it fired 20 employees and was improving management training following an investigation by a law firm into sexual harassment allegations and other claims at the ride-hailing company.
Uber fired the staff following a report by law firm Perkins Coie, which Uber hired to look into claims of...
May 24th, 2017While a whopping share of 90 per cent employees say they want a work from home option, 75 per cent of employers are not comfortable with the idea, said a recent study.
"Nearly 60 per cent organisations do not have a formal work-from-home policy. Incidentally, 75 per cent employers are not even comfortable with the idea, whereas 90 per...
May 18th, 2017Flipkart has been named the top employer followed by Amazon and KPMG India in the second and third place respectively, according to a list compiled by internet professional network LinkedIn.
Others in the top 10 of LinkedIn Indias most sought- after employers list include One97 Communications at the fourth place, Ola (5th), HCL...
April 23rd, 2017Tata Consultancy Services (TCS) recruited over 11,500 people outside India during 2016-17, including graduates from engineering and B-schools in the US, as it ramps up local hiring in offshore markets to tackle visa-related challenges.
The country's largest software services firm added 79,000 employees (gross) and 33,380 employees...
April 20th, 2017The country’s third largest software services firm Wipro is learnt to have fired hundreds of employees as part of its annual “performance appraisal”.
According to sources, Wipro has shown the door to about 600 employees, while speculation was rife that the number could go as high as 2,000. At the end of December 2016, the...
April 5th, 2017Seeking to calm employees rattled by reports of a cash crunch, the founders of Indian online retailer Snapdeal have gone directly to them with a string of townhall meetings in past weeks, according to sources, promising profit and brushing off takeover talk.
The sources, familiar with the group, declined to be named as the meetings...
March 4th, 2017Chinese handset maker LeEco today refuted reports of winding up its India operations but admitted that it has undertaken an "optimisation exercise" in the world's second largest smartphone market.
"India is one of the most strategic markets for LeEco and hence no exit plan... (the company) has recalibrated and reimagined its business...
January 6th, 2017Chinese telecom equipment maker ZTE, which is facing US trade sanctions that could severely disrupt its supply chain, is slashing about 3,000 jobs, including a fifth of positions in its struggling handset business in China, company sources said.
The sources said the Shenzhen-based company, one of the world's biggest telecoms gear...
November 29th, 2016Every company has managers, officers and directors who are vulnerable to external risks of claims incurred due to certain decisions undertaken in that position that may not go down well with the related parties relevant to the business. These related parties may include the vendors, customers, employees, contractors, and sub-contractors....
