"Most of the layoffs were in Snap's content division, which includes editors who curate user-submitted videos for breaking news and other events," a report said.
Global tech major Microsoft Inc. is reportedly planning to lay off thousands of employees worldwide in order to restructure its salesforce
Rubbishing reports indicating widespread job losses in the slowdown-hit IT industry, the former Infosys CFO said that there is no crisis of jobs in the industry and that people going away is just part of normal attrition
'I have a feeling that it is possible for us to protect the jobs of youngsters if the senior management people were to make some minor adjustments - adjustment of taking salary cuts,' Murthy said
The Cognizant layoff case has been closed in favour of employees, Telangana Joint Labour Commissioner said.
The IT firm has said that it will continue to provide support to existing applicants but will not file fresh applications. EB2 and 3 visas are for skilled workers and professionals, mid and lower level employees
Calls for formation of an IT employee union gathered momentum after reports of large scale layoffs by several IT companies in view of the toughening stance on work visas and increasing automation in the industry
With top IT firms laying off professionals, the IT-software industry was hit the most with a 24 per cent fall in hiring in April this year as compared to April 2016, according to a survey by job site
The Forum for IT Employees has sent representations to assistant labour commissioners and the state labour commissioner holding the layoffs by Cognizant as ‘illegal termination’. The company has denied any retrenchment
The third largest e-commerce player in India, Snapdeal to lay off its staff across verticals as co-founder Kunal Bahl admitted to making mistake in growing much before it could figure out right economic model. Struggling
E-commerce giant Flipkart today rubbished the reports that it was downsizing or laying off 700-1000 employees for poor performance, saying it has been done to “encourage low performing staff” to look for other opportunities in
New Delhi: Online food ordering and delivery firm Foodpanda India has laid off 15% its employees, totaling close to 300, as it focuses on automation to streamline its operations.“The company has reduced overall workforce by
San Francisco: Social media giant Twitter is laying off up to 336 employees, signaling CEO Jack Dorsey's resolve to slash costs while the company struggles to make money.The cutbacks announced Tuesday could equate to about
Mumbai: Even as the furore over layoffs in the IT sector is yet to die down, Infosys has said re-skilling talent is the answer to rapidly changing technologies in the software landscape."It is not that
Chennai: Voicing concern over lay-offs in some IT firms, besides labour troubles in Nokia and Foxconn in Tamil Nadu, the Centre today said it will adopt "conciliatory approaches" when the issues reach them as these
Milan, Dec 14: AC Milan says the ankle injury picked up by defender Mario Yepes in its Serie A game against Bologna is a serious one and will require further tests.Yepes was substituted just after
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