Archive for the 'Layoffs' Category

Wipro layoffs are more of a Bot-issue than Trump scare

IT sector is facing too many obstacles all at once. First, it was the Trump wave and now it’s the rise of automation. Automation is a necessary step but it doesn’t bode well for employees. Wipro, which allegedly plans to lay off 10% of its workforce …

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Upskill yourself to survive tech layoffs

There has been a spate of layoff announcements by information technology companies alongside fears of further downsizing during the year. One of the main reasons for downsizing is that many technological skills are becoming outdated due to automation …

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Layoffs Trump said wouldn’t happen finalized at Carrier, with jobs headed for Mexico

Carrier informed Indiana this week it will soon begin laying off 632 workers, with the bulk of the jobs shifting to Mexico, according to The Washington Post. That stands in contrast to assurances by President Donald Trump, who at various times claimed he …

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IT sector layoffs: Routine trimming overhyped, says Ravi Shankar Prasad

In the light of the recent reports of layoffs in the IT industry, IT Minister Ravi Shankar Prasad has refused to set the alarm bells ringing. Speaking to ET Now, he said that the current situation has been exaggerated. “Some performance related routine …

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Layoffs in Indian IT Industry With Increasing Global Pressure

In the last few months Indian IT Industry has seen routine layoffs and this seems to be followed in the future as well. It is contrary to what the Indian government says on employment and what the narrative is. Let us understand it in brief. The Companies …

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Amid IT layoffs, Infy hands out bounty to top execs

Generous stock-based incentives boosted the total compensation of four senior executives at Infosys by over 50% in the previous fiscal year, according to the annual report of India‚Äôs second-largest software services company, which also announced the …

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