The U.S. Appeals Court grants a favorable ruling to chemical manufacturers in the PFAS lawsuit

28 Nov 2023

The U.S. 6th Circuit Court of Appeals, based in Cincinnati, Ohio, delivered a favorable ruling on Monday, November 27, 2023, for 3M, E.I. du Pont de Nemours and Co.,

Strike breaks out as Gucci workers in Rome protest against relocation of creative office

28 Nov 2023

Gucci fashion house in Rome, Italy, saw an unprecedented strike by their employees on Monday, 27 November 2023. This strike was a result of the fashion giant’s decision to move its design house from Rome to Milan, Italy.

Barclays plans $1.25 billion in cost savings, considering layoffs for up to 2,000 jobs

24 Nov 2023

Barclays, one of the leading British banks, is reportedly exploring strategies to save as much as £1 billion, with the possibility of cutting up to 2,000 jobs, particularly in the bank's back-office operations.

In another shocking twist, OpenAI announces the re-hiring of Sam Altman as CEO

22 Nov 2023

OpenAI, the company that created the revolutionary ChatGPT, took to social media platform X to announce that they have agreed in principle to rehire Sam Altman as the CEO of the company.

OpenAI investors consider legal action following CEO ousting and employee exodus

21 Nov 2023

In a startling turn of events, some investors in OpenAI, the renowned creator of ChatGPT, are contemplating legal action against the company's board.

Boeing announces departure of chief strategy officer in 2024 amid company restructuring

17 Nov 2023

Boeing’s chief strategy officer, Marc Allen, has decided to step down from his position by the end of this year.

Apple settles with U.S. government for $25 million in immigration hiring dispute

10 Nov 2023

In a groundbreaking settlement, technology giant Apple Inc. will pay $25 million to resolve allegations by the U.S. Department of Justice (DOJ) that the company engaged in discriminatory hiring practices favoring immigrant workers over U.S. citizens and green card holders for specific job positions.

Amazon announces the latest round of job cuts in recent layoffs

09 Nov 2023

E-commerce giant has confirmed that it has started to let go of some employees in its music division. This new round of job cuts is the latest among the many rounds prior to this that have affected over 27,000 people in the past year.

Citigroup considers significant job cuts in its ongoing CEO-backed restructuring

07 Nov 2023

Citigroup's top management, working under CEO Jane Fraser's reorganization initiative, has reportedly contemplated job cuts of at least 10% in key business segments.

Goldman Sachs announces promotion of 608 new managing directors, a decrease from 2021 numbers

03 Nov 2023

In a recent development, Goldman Sachs, the renowned Wall Street firm, announced its plan to promote 608 executives to the position of managing director in 2023.

BIC employees to get Rs80 cr in overdue salaries and retirement benefits

01 Jul 2023

McKinsey likely to lay off nearly 2,000 employees in biggest job cuts: report

06 Mar 2023

Dell to lay off about 6,650 employees worldwide as PC sales slump

07 Feb 2023

Goldman Sachs to cut over 3,000 jobs as revenues shrink

09 Jan 2023

Musk fires almost all Twitter staff in India in global downsizing

07 Nov 2022

The US-based microblogging platform on Friday fired nearly 180 of its 230-odd employees in India, reports citing employee and other sources said

L&T Technology Services to hire over 1,000 engineers for its new Mysuru campus

02 Nov 2022

TCS offers 100% variable pay for its 600,000 plus employees

29 Aug 2022

Novartis to cut up to 8,000 jobs globally as it restructures business

01 Jul 2022

Infosys offering up to 23% salary hike as attrition rate hits 27.7%: report

23 May 2022

Chennai CEOs reward employees for loyalty with BMW luxury sedans, Marutis

12 Apr 2022

Unilever to lay off 1,500 employees in business model rejig

31 Jan 2022

TCS to add 78,000 candidates this fiscal; announces Smart Hiring Programme

18 Oct 2021

Google employees opting to work from home face disproportionate pay cuts: report

11 Aug 2021

Mumbai University teachers on war path over inept administration

08 Jul 2021

Toyota Kirloskar shuts Bidadi unit following workers’ strike

12 Nov 2020

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