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Category: Layoffs

HSBC Planning to Slash 10% of Their Workforce as Part of Global Restructuring Strategy

HSBC Planning to Slash 10% of Their Workforce as Part of Global Restructuring Strategy

May 16, 2025

New Delhi: HSBC plans to eliminate 348 positions in France, or around 10% of its workforce there. The bank said...

Microsoft to Lay Off 6,000 Amid LinkedIn, Global Team Restructuring

Microsoft to Lay Off 6,000 Amid LinkedIn, Global Team Restructuring

May 14, 2025

New Delhi: Microsoft is laying off about 6,000 employees worldwide, or about 3 per cent of its staff. Tuesday’s announcement...

Third Wave of Layoffs Hits JPMorgan Chase

Third Wave of Layoffs Hits JPMorgan Chase

May 14, 2025

New Delhi: The biggest bank in the US, JPMorgan Chase, has further impacted its operations in North Jersey with the...

Google’s Global Business Unit Slashes Approx 200 Employees

Google’s Global Business Unit Slashes Approx 200 Employees

May 8, 2025

New Delhi: Google laid off roughly 200 employees in its global business unit, which handles partnerships and sales, on 6...

Assessment Failures Lead to Third Wave of Trainee Layoffs at Infosys

Assessment Failures Lead to Third Wave of Trainee Layoffs at Infosys

April 30, 2025

New Delhi: The IT giant Infosys has terminated the employment of about 195 trainees due to their failure to pass...

Microsoft Offers Payout Option to Underperforming Employees on PIP

Microsoft Offers Payout Option to Underperforming Employees on PIP

April 25, 2025

New Delhi: While on a performance improvement plan (PIP), Microsoft is giving its underperforming employees the choice to accept a...

Bira 91 Grapples with Salary Arrears as Layoffs Loom

Bira 91 Grapples with Salary Arrears as Layoffs Loom

April 22, 2025

New Delhi: Employees at Bira 91 are speaking out about unpaid pay, unreimbursed allowances, and unpaid dues, problems that have...

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