Wipro chairman says he is against work from home, believes hybrid work culture is the future- Wipro News Update

Headline:- In a recently held Nasscom Technology and Leadership Summit 2023, Wipro chairman Rishad Premji said that he wants employees to return to workplaces and get over the work-from-home mindset. In Short Wipro News Update Last year, Wipro ended work from home policy and asked employees to return to the office. In a recently held ...
Read more

TCS HR says ChatGPT and other generative AI tools will not replace jobs but be a co-worker – TCS News Update

Headline:- TCS’s senior HR Milind Lakkad said in an interview that generative AI platforms, like ChatGPT, would improve productivity, but not change the business models. In Short ChatGPT and Bing AI continue to get popular:- Generative artificial intelligence-powered platforms like ChatGPT and Bing AI continue to get popular, but there’s a looming fear that such ...
Read more

Elon Musk now fires 10 percent of the Twitter workforce, nearly 200 employees lose their jobs- Twitter News Update

Headline:- Mass layoffs continue at Elon Musk’s Twitter as nearly 200 employees have been fired recently. Product managers, data scientists, and engineers have been impacted by the new round of layoffs. In Short Ever since Elon Musk took over Twitter last year, the company has witnessed several mass layoffs that greatly reduced its workforce. Before ...
Read more

Infosys founder Narayan Murthy warns young employees against moonlighting-Infosys News Updates

Infosys founder NR Narayana Murthy warned against moonlighting while speaking at the Asia Economic Dialogue this week. He also suggested young employees choose work from the office over work-from-home culture. In Short Infosys founder NR Narayana Murthy warned against moonlighting while speaking at the Asia Economic Dialogue organized by the Ministry of External Affairs in ...
Read more

Ericsson announces to cut more than 8500 jobs globally- Ericsson News update

Headline Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. In Short Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and ...
Read more

Elon Musk fires more people from Twitter after promises of no more layoffs, details here-Twitter News Update

Headline:- As per reports, Twitter employees across sales and engineering departments were laid off last week. One of the laid-off employees was reporting directly to Elon Musk and was managing the engineering for Twitter’s ads business. In Short Elon Musk introduced some extreme changes upon joining Twitter including firing the previous CEO, Parag Agrawal, along ...
Read more

Google India fired Software Engineers | Google News Update

Google India hasn’t revealed any official details about the layoffs yet. However, many impacted employees have taken to LinkedIn to announce that they have been impacted by the layoffs. In Short Software engineer fired by Google India says she doesn’t have words to explain her feelings Google has started firing Indian employees across all offices ...
Read more

Wipro cuts freshers’ pay by 50 percent, offers a salary package of Rs 3.5 lakh per year -Wipro News Update

Wipro first promised to pay an annual package of Rs 6.5 lakh to freshers and it is now asking them to settle for almost 50 percent less salary than what it initially offered. Here is the full story. In Short Wipro cuts fresher’s pay by 50 %, offers a salary package of Rs 3.5 lakh ...
Read more

TCS Not Considering Layoffs, Hiring Impacted Employees From Start-Ups | TCS News Update

In Short While all the international tech giants like Google, Meta, Twitter, and Amazon are firing employees amid macroeconomic conditions, India’s largest information technology services exporter, Tata Consultancy Services (TCS) has confirmed that it will not fire any employees. A higher official from TCS has assured that the company is ‘not considering any layoffs’, instead, it ...
Read more

Amazon likely to cut the salary of some employees by almost 50 percent After layoffs- Amazon News Updates

Headline- In 2022, Amazon’s shares declined by more than 35 percent due to poor macroeconomic conditions, resulting in pay for 2023 being between 15 percent and 50 percent lower than the projected targets. In Short Amazon corporate employees are reportedly facing a pay reduction after a prolonged slump in the company’s shares. As reported by ...
Read more