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Layoffs in 2024: Google, Microsoft, UPS, More Fire Over 30K Employees in January; Coming Months Can Be Worse
Wipro became the latest to join the ongoing layoffs by tech companies after reports claimed the company would let go of 1,000 employees. It will join the ranks of Google, Microsoft, Amazon, UPS, PayPal, SAP, Twitch, Discord, Swiggy, Flipkart, and other organisations that have already reduced headcounts by hundreds. The total jobs lost in one month ...
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Wipro Asks Employees To Work From Office Thrice A Week: Report
Wipro, India's fourth-largest IT services provider, is mandating that all its employees globally work from office at least thrice a week from this month, according to a company-wide email seen by Reuters on Tuesday.
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Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
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Wipro Commits $1 Billion Investment Into AI, Plans to Train 2.5 Lakh Employees on AI
Wipro said on Wednesday it planned to invest $1 billion (roughly Rs. 8,231 crore) into artificial intelligence (AI) over the next three years. The India-based IT company aims to train its entire 2.5 lakh employees in artificial intelligence and integrate the technology into its product offerings.
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Employees' Union Seeks Action Against Wipro For Cutting Fresher Salaries
IT sector employees' union NITES has written to the Union Labour Minister against Wipro's decision to cut salary offers to freshers awaiting onboarding, as it called for strict action against the tech company.
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"Unethical": Anger As Wipro Cuts By Half Salary Offers To Freshers
Wipro's move to cut salary offers to freshers awaiting onboarding by almost 50 per cent under one programme has been termed "unjust" and "unacceptable" by employees union NITES.
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Infosys Employees To Get Only 65% Of Variable Pay For September Quarter: Report
IT (Information technology) services company Infosys will give 65% variable pay to its employees for the July FY23 quarter, lower than what it offered for the June quarter, reported Economic Times citing an internal mail.
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Video: "Because Sunlight Is Dimming..." Comedian Has A Viral Take On Moonlighting
Debate over moonlighting has been raging ever since Wipro fired 300 employees for working for other IT firms simultaneously
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After Firing 300 "Moonlighters", Wipro Now Has This To Say On "Side Jobs"
Wipro CEO says "not talking aboutthings illegal... really talking about being in an obvious conflict of interest; our employees understand that"
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Wipro Fires 300 Employees For Moonlighting: Here's How Companies Catch Such Acts
Moonlighting is the practice where an individual takes up a secondary job while being on the payroll of a company.
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Wipro Fires 300 Employees For Moonlighting
Wipro Ltd has sacked some 300 employees for 'moonlighting' as the IT services firm toughens its stand against staffers taking a second job after work hours.
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Wipro Fired 300 Found Moonlighting For Rivals: Chairman Rishad Premji
Wipro Chairman Rishad Premji on Wednesday said the company had found its 300 employees worked with one of its competitors at the same time, and added that action was taken in such cases by terminating their services.
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Infosys Warns Employees Against Moonlighting, Says It Could Lead To Termination
Many companies have spoken against moonlighting, with Wipro Chairman Azim Premji calling it "cheating".
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TCS Says No Delay in Process, Employees to Get 100% Variable Pay For June Quarter
Other IT majors, including Infosys and Wipro, have also reduced or delayed the variable pay of their employees
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Wipro Says No Change In Salary Increase Plan, Hike From Sept 1
Wipro Salary Hike: This news comes after reports stated that Wipro was pausing the variable payouts for its employees of certain bands for the April-June quarter.
-
Layoffs in 2024: Google, Microsoft, UPS, More Fire Over 30K Employees in January; Coming Months Can Be Worse
Wipro became the latest to join the ongoing layoffs by tech companies after reports claimed the company would let go of 1,000 employees. It will join the ranks of Google, Microsoft, Amazon, UPS, PayPal, SAP, Twitch, Discord, Swiggy, Flipkart, and other organisations that have already reduced headcounts by hundreds. The total jobs lost in one month ...
-
Wipro Asks Employees To Work From Office Thrice A Week: Report
Wipro, India's fourth-largest IT services provider, is mandating that all its employees globally work from office at least thrice a week from this month, according to a company-wide email seen by Reuters on Tuesday.
-
Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
-
Wipro Commits $1 Billion Investment Into AI, Plans to Train 2.5 Lakh Employees on AI
Wipro said on Wednesday it planned to invest $1 billion (roughly Rs. 8,231 crore) into artificial intelligence (AI) over the next three years. The India-based IT company aims to train its entire 2.5 lakh employees in artificial intelligence and integrate the technology into its product offerings.
-
Employees' Union Seeks Action Against Wipro For Cutting Fresher Salaries
IT sector employees' union NITES has written to the Union Labour Minister against Wipro's decision to cut salary offers to freshers awaiting onboarding, as it called for strict action against the tech company.
-
"Unethical": Anger As Wipro Cuts By Half Salary Offers To Freshers
Wipro's move to cut salary offers to freshers awaiting onboarding by almost 50 per cent under one programme has been termed "unjust" and "unacceptable" by employees union NITES.
-
Infosys Employees To Get Only 65% Of Variable Pay For September Quarter: Report
IT (Information technology) services company Infosys will give 65% variable pay to its employees for the July FY23 quarter, lower than what it offered for the June quarter, reported Economic Times citing an internal mail.
-
Video: "Because Sunlight Is Dimming..." Comedian Has A Viral Take On Moonlighting
Debate over moonlighting has been raging ever since Wipro fired 300 employees for working for other IT firms simultaneously
-
After Firing 300 "Moonlighters", Wipro Now Has This To Say On "Side Jobs"
Wipro CEO says "not talking aboutthings illegal... really talking about being in an obvious conflict of interest; our employees understand that"
-
Wipro Fires 300 Employees For Moonlighting: Here's How Companies Catch Such Acts
Moonlighting is the practice where an individual takes up a secondary job while being on the payroll of a company.
-
Wipro Fires 300 Employees For Moonlighting
Wipro Ltd has sacked some 300 employees for 'moonlighting' as the IT services firm toughens its stand against staffers taking a second job after work hours.
-
Wipro Fired 300 Found Moonlighting For Rivals: Chairman Rishad Premji
Wipro Chairman Rishad Premji on Wednesday said the company had found its 300 employees worked with one of its competitors at the same time, and added that action was taken in such cases by terminating their services.
-
Infosys Warns Employees Against Moonlighting, Says It Could Lead To Termination
Many companies have spoken against moonlighting, with Wipro Chairman Azim Premji calling it "cheating".
-
TCS Says No Delay in Process, Employees to Get 100% Variable Pay For June Quarter
Other IT majors, including Infosys and Wipro, have also reduced or delayed the variable pay of their employees
-
Wipro Says No Change In Salary Increase Plan, Hike From Sept 1
Wipro Salary Hike: This news comes after reports stated that Wipro was pausing the variable payouts for its employees of certain bands for the April-June quarter.
