Tag: layoffs
TCS Announces Salary Hike for 80% of Employees Amid Plans to Lay Off 12,000 Staff — See Who’s on the List
Tata Consultancy Services (TCS), India’s largest IT company, has announced salary hikes for 80% of its employees, even…
TCS to Cut 12,000 Jobs Globally Amid Weak Spending, Triggering Major Drop in Infosys, Wipro, and Other IT Stocks
Shares of top Indian IT companies fell sharply on Monday after Tata Consultancy Services (TCS) announced it will…
Are More Job Cuts Coming? Microsoft Employees React to CEO Satya Nadella’s Memo
Microsoft CEO Satya Nadella recently sent a memo to employees, trying to explain the company’s decision to cut…
Intel to Lay Off Over 5,000 Employees in July as Part of Major Restructuring Plan to Cut Costs and Simplify Operations
Intel, the global tech company known for making computer chips, is laying off over 5,000 employees in July.…
First Microsoft, Now VerSe Innovation: Why Are Tech Giants Cutting Jobs Amid AI Boom?
VerSe Innovation, the company behind Dailyhunt and Josh, recently announced a major restructuring. About 350 employees have been…