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Job Cut

OYO to cut 600 jobs, merge product and engineering teams for 'smoother functioning'

OYO to cut 600 jobs, merge product and engineering teams for 'smoother functioning'

Sat, Dec 03, 2022

Ritesh Agarwal, Founder and Group CEO, OYO, said: "We will be doing all that we can to ensure that most of the people we are having to let go, are gainfully employed."

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50% of companies worldwide planning job cuts amid economic downturn: Report

50% of companies worldwide planning job cuts amid economic downturn: Report

Fri, Aug 19, 2022

According to the latest PwC 'Pulse: Managing business risks in 2022' survey in the US, 50 per cent of respondents are reducing their overall headcount, even as business leaders remain concerned about hiring and retaining talent.

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Germany's Commerzbank to cut 9,000 jobs in restructuring: Handelsblatt

Germany's Commerzbank to cut 9,000 jobs in restructuring: Handelsblatt

Mon, Sep 26, 2016

Commerzbank is planning to cut around 9,000 jobs over the coming years as Germany's second biggest lender pushes ahead with a restructuring plan, Handelsblatt reported on Monday, citing unnamed sources in the finance industry.

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No job losses post RBS contract loss; To redeploy 3,000 employees on other projects: Infosys

No job losses post RBS contract loss; To redeploy 3,000 employees on other projects: Infosys

Wed, Aug 17, 2016

India's second largest software services firm Infosys on Wednesday said there are no job losses and will redeploy 3,000 employees who will be affected by RBS decision to scrap the UK project of setting up a new bank.

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