In New Delhi, April 6 Layoffs are shifting from cyclical triggers to a structural reset, as AI is yielding productivity gains with leaner teams, reshaping hiring, and pushing companies toward high-skill workforce models, according to TeamLease Digital CEO Neeti Sharma.Repeated layoffs are...
New Delhi, Apr 5 The IT employees' body, NITES, has urged tech firms to prioritize reskilling over layoffs, while calling for policy intervention to strengthen safeguards and ensure mandatory severance terms for white-collar workers, given that aggressive AI development by the industry is...
New Delhi, April 3 CPI(ML) Liberation MP Raja Ram Singh wrote to Labour and Employment Minister Mansukh Mandaviya on Friday, raising concerns over the mass layoffs carried out by Oracle Corporation in India and demanding urgent government intervention to protect workers' rights.In his letter...
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Patna, April 2 CPI(ML) MP Raja Ram Singh wrote to the Ministry of Labour and Employment on Thursday, raising serious concerns about alleged mass layoffs at a private company in India.In his letter addressed to Union Labour Minister Mansukh Mandaviya, Singh expressed deep concern and outrage...
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New Delhi, April 2 CPI-MLL MP Raja Ram Singh condemned the reported mass layoffs by Oracle Corporation on Thursday, asserting that "workers cannot be treated as expendable" and urging the government to take immediate action to protect employees' rights and ensure accountability in the IT sector...
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New Delhi, March 31 US-based IT firm Oracle is believed to have laid off approximately 12,000 employees in India, with another round of layoffs expected within a month, employees said on Tuesday.Globally, the company has fired around 30,000 employees."Around 12,000 employees have been laid...
March 14, New Delhi: Meta Platforms, the parent company of Instagram and Facebook, is planning significant layoffs that could affect 20 percent or more of its workforce.The move comes as the company seeks to offset the rising costs of artificial intelligence infrastructure and prepare for...
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