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  Tesla sued for mass layoffs; lawsuit says Musk-owned company 'failed to give advance written notice'

  World | June 22, 2022 10:34 IST

  Tesla mass layoff violates the Worker Adjustment and Retraining Notification (WARN) Act, which requires employers to notify workers at least 60 days in advance before shutting down a facility or laying off 50 or more workers from the same site.

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  After firing 900 employees over Zoom call, Better.com announces 3,000 more lay-offs

  Business | March 09, 2022 10:50 IST

  The comapny said it's taking the difficult step of streamlining its operations and reducing workforce in both the United States and India in a substantial way"

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  'Your employment is terminated': Better.com CEO fires 900 employees over Zoom call | WATCH

  Business | December 06, 2021 19:17 IST

  "If you're on this call, you are part of the unlucky group," Vishal Garg, the CEO of Better.com, reportedly laid off 900 of his employees in the US and in India on a Zoom call last week.

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  Wipro says no plans to lay off staff at the moment amid COVID-19 pandemic

  Business | July 15, 2020 9:28 IST

  Wipro has no plans to lay off staff at the moment, said Chairman Rishad Premji on Monday asserting that the company has not laid off any employee due to the COVID-19 impact. The Chairman said this while responding to a shareholder at the 74th Annual General Meeting (AGM) which took place virtually.

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  Coronavirus fallout: Air France plans 7,600 layoffs; to slash 40 pc workforce by 2022

  Business | July 02, 2020 10:38 IST

  In April, the French government has offered a 7-billion-euro ($7.91 billion) aid package to rescue Air France, whose planes have been grounded by virus lockdowns around the world.

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  Zomato layoffs: 13% workforce to be axed via zoom call; 50% salary cut for all

  Business | May 15, 2020 18:11 IST

  Zomato, a popular food ordering platform is eliminating 13 percent of its workforce on account of the coronavirus crisis. The online restaurant guide has about 4,000 employees in different roles. The company said a 50 percent salary cut will also come into effect for the next six months.

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  Airbnb announces 25 per cent job cuts as COVID-19 lockdown hits travel

  Business | May 06, 2020 11:24 IST

  With the outbreak of coronavirus, most of the countries in the world are on lockdown. Public transport, including air travel, has been suspended in many nations, to contain the spread of COVID-19, by forcing people to stay home. 

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  Uber to layoff 20 per cent workforce globally as lockdown hits industry hard

  Business | April 30, 2020 8:25 IST

  Going through a turbulent time even before the COVID-19 pandemic hit the world, Uber cut more than 1,100 jobs last year. Earlier this month, the company withdrew its financial forecast for 2020 and said it would write down about $2 billion in investments hit by COVID-19.

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  Coronavirus Impact: 33% US voters lost jobs or furloughed, young ones worst-hit: Survey

  World | April 13, 2020 14:17 IST

  The financial impact of the coronavirus has begun to hit Americans hard as nearly 33 per cent of voters have already lost their job, been furloughed, placed on temporary leave, or had hours reduced - with 41 per cent of those whove lost a job already reporting having trouble covering basic costs.

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  Tata Steel planning lay offs in Europe: Report

  Business | November 18, 2019 20:52 IST

  Tata Steel's European arm is planning to cut jobs in the continent amid challenging market conditions, a source in the know of the matter said. 

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  Struggling Snap Inc lays off two dozen employees, mostly editors

  Business | January 20, 2018 13:22 IST

  "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.

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  Microsoft may lay off thousands as it shifts focus to cloud services: report

  July 04, 2017 11:37 IST

  Global tech major Microsoft Inc. is reportedly planning to lay off thousands of employees worldwide in order to restructure its salesforce

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  Nobody supporting ‘IT unions’, people who go with them will never get jobs: Mohandas Pai

  June 07, 2017 18:01 IST

  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

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  IT layoffs: Problem not new, seniors should take pay cuts to save jobs, says Narayan Murthy

  June 01, 2017 17:39 IST

  '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

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  In setback for H1B visa holders, Cognizant to suspend green card applications for employees

  May 24, 2017 12:33 IST

  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

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  Techies to form India’s first IT union amid large-scale layoffs by companies

  May 23, 2017 19:39 IST

  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

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  IT industry sees 24 pc fall in hiring in April, volatility to continue: Survey

  May 22, 2017 15:59 IST

  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

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  Techies brace for legal war amid reports of ‘6,000 layoffs’ at Cognizant

  May 08, 2017 15:49 IST

  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

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  Online food ordering platform Foodpanda lays off 300 employees

  December 30, 2015 17:55 IST

  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

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  Re-skilling, not layoffs, will address new challenges: Infosys

  February 15, 2015 17:52 IST

  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