HRD
IBM to trim workforce, but denies reports of mass layoffs
28 Jan 2015
IBM has been steadily reshaping its 400,000-plus staff for several years, laying off workers in some areas and hiring others in new growth businesses
Sensitive to staff: N Chandrasekaran
16 Jan 2015
HC restrains TCS from sacking mid-level employee
14 Jan 2015
‘Involuntary attrition’, not mass layoffs, says TCS
14 Jan 2015
TCS, the country's largest software services firm, today defended itself over reports that it has pink-slipped 2,574 employees in the first nine months of this fiscal, and as the total layoffs in the full year are expected to exceed 3,000
Unprecedented: IT workers unite to launch stir against TCS layoffs
03 Jan 2015
According to FITE founding member Bharatidasan, TCS has asked 700 employees in Hyderabad, 470 in Bangalore, 480 in Chennai, 70 in Pune and 20 in Kochi to leave, while several hundreds were told that they would be called by HR
Draft bill seeks to exempt small firms from mandatory labour laws
01 Jan 2015
The draft bill exempts firms employing less than 40 persons from the requirement of payment of provident fund, bonus and ESIS cover while giving hire-and-fire powers to employers
ING Vyasa unions threaten strike against Kotak Bank merger
29 Dec 2014
KMB, which has no union, had written to all the ING Vysya Bank employees to allay concerns, but that “bypassed” the Vysya union, which fears it will lose control with the merger
BP to let go middle management as oil price fall bites
09 Dec 2014
BP, which suffered a major setback in the Gulf of Mexico oil spill and subsequent compensation claims and is now struggling with low oil prices, plans to reduce the number of managers across all “layers above operations”
Infosys may sack more at BPO unit for 'overcharging Apple'
20 Nov 2014
Internal investigations have revealed that they had produced inflated invoices and purportedly overbilled Apple for many months, although the he amount involved was "financially insignificant"
Google rated most sought after employer in survey
03 Nov 2014
Google has been rated the most sought after employer in the world, followed by Apple, Unilever and Microsoft
Nokia shutters its Chennai plant; workers get Rs7.5 lakh package
31 Oct 2014
Nokia's Chennai plant has been forced to shut down after Microsoft Corporation, which bought out Nokia’s entire mobile phone business in September last year, excluded the Chennai plant due to a pending tax litigation between the government and Finnish company