Jugnoo – Turning Profitable or Laying Off Employees as It Can’t Afford to Keep Them?
I dismissed my alarm and got up early in the morning, got ready to go to office and was on my way in no time. Starting of the week often seems a bit dull bu...
Lay Offs
Verizon Set to Lay Off 2,100 Jobs; 15% of Total Workforce
09 June 2017, India:
Verizon Communications Inc. is all set to slack about 2,100 jobs or about 15% of the workforce after completing its $4.48 ...
LeEco Might Layoff 70% Workforce in Some Business Branches
23 May 2017, India:
Chinese technology conglomerate LeEco is making some huge changes in the company. First, Jia Yueting, CEO stepped down and now the co...
EXCLUSIVE: Gurgaon-based Fella Homes Lays Off 70% Staff
09 May 2017, India:
Gurgaon-based home rental service startup Fella Homes has laid off 70% of the workforce. Multiple sources said the layoff took place ...
Practo Lays Off 10% of the Workforce Post Rebranding
07 April 2017, India:
Healthcare startup Practo has taken rebranding so seriously that it has sacked 150 of its employees as well. Practo has around 1,50...
Cognizant to Lay Off 6,000-10,000 Workforce!
20 March 2017, India:
American multinational corporation Cognizant is likely to lay off 6,000-10,000 employees i.e around 2-5% of the total workforce. B...
Snapdeal VP Engineering Amitava Ghosh Quits!
09 March 2017, India:
VP of Engineering Amitava Ghosh has quit Snapdeal according to the multiple sources. Neither Snapdeal or Ghosh confirmed the news.
...
LeEco Confirms Lay Offs, Denies India Exit
04 March 2017, India:
China-based company LeEco has confirmed that it has laid off workforce in India including few top-level exits. The company firmly denie...
Snapdeal to Lay Off 30% Workforce in Two Months!
11 February 2017, India:
One of the largest e-commerce company Snapdeal is all set to cut down about 30% of its workforce over the next two months,...
PropTiger Lays Off 200 People Post Merger with Housing.com
10 February 2017, India:
Just a month after the merger with Housing.com, PropTiger has begun to rationalize its workforce by laying off around 200 employ...