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Don’t miss the latest developments in business and finance.
Short video app TikTok hands over pink slips, fires entire India staff
Most of the employees of TikTok India were working in Brazil and Dubai markets after the Centre banned the app in India in June 2020
2,500 IT freshers to be given pink slips for failing screening test: Report
The screening tests may also get more stringent as the firms are under pressure to honour campus offers but are already overstaffed
Vedantu gives pink slips to 385 employees in 3rd round of layoffs this year
It has sacked over 1,100 employees, so far, amid funding winter
Zomato to lay off 3% of its total workforce to reduce costs: Report
Zomato, which currently has nearly 3,800 employees, stated that layoffs will be based on regular performance
Laid off? Seek advice before claiming tax exemption on severance pay
You can claim only if the payout is voluntary and you have documentary proof to this effect
Moonlighting gets 300 employees at Wipro the pink slip: Rishad Premji
Rishad Premji says moonlighting is a 'complete violation of integrity in its deepest form'
Covid-19 impact: Home Credit India to give pink-slips to 1,800 employees
Home Credit India said it was a tough decision and the organization is trying its best to help the impacted people in getting securing new opportunities
Covid-19 crisis: India Inc reaches for pink slips as cash flow dries up
Senior staff of all the top groups have taken salary cuts up to 20 per cent to preserve jobs at the bottom of the pyramid.
Covid-19 crisis: Indiabulls sacks over 2,000 employees to control expenses
The attrition is in line with the process we follow every year, says company
Economic slowdown fallout: Realty major Lodha group lays off 400 employees
However, a spokesperson for the largest realty player in India attributed the lay-offs to performance reviews
HSBC lays off 150 employees from India back offices for 'realignment'
The layoffs were are at the mid-management level at HSBC centres in Pune and Hyderabad.
100,000 jobs at risk: Pink slips on the rise across telcom firms
Overall, more than 100,000 telecom jobs, including indirect employment, could be at risk