Firing News
An incident of firing was reported at Paras Hospital in Patna, Bihar,
The techie, who is currently jobless, shared his detailed post on Reditt that has now gone viral.
A company spokesperson said in a statement the latest headcount reduction is in addition to the 6,000 job cuts announced last month, which is roughly 3 per cent of its global workforce.
According to a Reddit post by the employee's child, the employee was initially scheduled to retire in January 2025 after 22 years of devoted service.
Devesh Kumar claimed in a post on X that for a middle-class man like himself, his massive salary jump felt like a dream.
The woman shared her worklife story on Reddit saying that it might encourage someone who is feeling undervalued at work.
The woman working with Microsoft for seven years said in a LinkedIn post that she plans to take the next few days to think about her career.
UPS said that it will reduce operational workforce by approximately 20,000 positions during 2025 and close 73 leased and owned buildings by the end of June 2025.
In a post on Reddit, the user who goes by the name 'iamsadsometimes1' wrote, "First things first, My Organisation only has a Sunday off, On top of that, my manager has expectations that we spend 5-6 hours on Sundays as well to meet the very rigid deadlines that have been set for us."
Layoffs are increasing globally, possibly due to rising economic uncertainty and the use of artificial intelligence.
These layoffs came just months after Google had offered voluntary buyouts to employees in the same unit in January this year.
The reported layoffs came as the company faces challenges in its core food delivery business and rising losses in its quick commerce subsidiary, Blinkit.
The remarkable growth is largely driven by demand in key sectors such as information technology (IT), banking, financial services and insurance (BFSI), manufacturing, and healthcare, alongside a rise in demand for specialised talent in emerging technology roles.
The job market highlights a significant divide in salary satisfaction, with a large portion of professionals feeling dissatisfied with their compensation growth, while professionals in select industries reporting higher contentment levels.
DBS Group, which completed three decades of its operations in India, reported an income of 22.3 billion Singapore dollars in 2024 and a net profit of 11.4 billion Singapore dollars.
India’s market capitalisation has risen over the past decade, growing from $1.2 trillion to $5.2 trillion. This growth has spurred significant expansion in the institutional investor sector.
This is a slight decline from the increase of 9.3 per cent in 2024, amid the ongoing global uncertainty and softening growth. Salary increments in the country are expected to stabilise in 2025, according to Aon’s annual ‘Salary Increase and Turnover Survey 2024-25 India’.
The Infosys-fired trainees had completed basic training at the company's Mysuru campus but were unable to pass internal assessment after three attempts, according to sources quoted by PTI.
In a post, shared in Reditt, the startup owner has said, while she was away for business, her employee used company credit card to pay for her massive farewell party, without even quitting her job.
The report by Great Place To Work highlights the companies that are leading the way in creating thriving, resilient workplace cultures.
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