International Business Machines (IBM) Corp. plans to lay off about 5,000 US employees, with many of the jobs being transferred to India, a media report said on Thursday. The technology giant has been steadily building its work force in India and other locations while reducing the number of workers based in the US, the Wall [...]
Archive for March, 2009
29 Mar
Good news for Indian Jobs and Bad for US. IBM transferring majority of 5K USA based jobs to India.
23 Mar
Book Tata Nano even if you do not want. Booking procedure and booking amount for Tata Nano and Ex-Showroom price list of Tata Nano Variant at Delhi and Mumbai.
Tata has started showing their lovely car and anxiously waiting for public opinions. Tata would be taking booking order from 9th April till 23rd April. Considering the premium in black market post launch, it makes sense for everyone to book the car and try their chance to get lucky. Tata Motors would be delivering only [...]
23 Mar
Tough time lies ahead for IT outsourcing firms. Gartner predicts fall in prices and more competition between vendors.
Prices of IT outsourcing services will shrink 5 to 20 percent through 2010 due to the uncertain economic climate, IT budget constraints and competition between vendors, research firm Gartner said on Monday. “This fall in prices will occur due to increasing competition in the market between traditional and new providers as more providers compete aggressively [...]
20 Mar
‘Indians, quit United Kingdom’. From economy and jobs perspective, London is no more the happening place at present. Sterling Pound has lost its value and also credibility. It’s time to move on.
In 1942, Mahatma Gandhi started “Quit India” movement with the support of all Indians. Everyone protested English presence in India and shouted “Angrezo, Bharat Chhodo” (Hey Englishman, leave India now). Considering the pity economic condition and bleak jobs outlook in United Kingdom, it is time for Indians (and likewise) to ponder and call for a [...]
18 Mar
TCS India started layoffs for under performers. Keeps layoff news outside the media.
As per internal sources with in TCS, Indian operation has started giving pink slips to its employees. As per the sources, these layoffs are being done silently and this news have been kept out of media glare. TCS has asked those employees to resign, who are performing poor based on TCS parameters. Number of pink [...]
18 Mar
Nokia to layoff 1,700 employees globally. Indian operation is not impacting much.
The world’s largest mobile phone maker Nokia will be trimming its workforce by 1,700 employees worldwide, as part of the company’s cost cutting efforts. As per officials, this layoffs will not affect Indian operation much. The firm in a statement today said actions would be taken at its devices and markets units as well as [...]
16 Mar
Infosys to honour its commitment made to freshers during last year recruitment. Freshers will join Infosys from June onwards.
According to the company, the offer letters and dates of joining have been sent to the 20,000 freshers (2008-09) and the process of joining the company will start from June this year. Last year, Infosys recruited almost 18,000 (2007-08) engineering graduates. Last week, India’s second-largest software company Infosys said that it will be inducting almost [...]
3 Mar
Compilation of Layoffs in Technology, IT Companies worldwide except India.
Google, Microsoft, Texas Instruments, IBM, Intel, AMD, EMC Corp, Seagate, STMicroelectronics, Sony, Sun, Dell, Lenovo, AT&T, AOL, SAP, Oracle, Ericsson, and Sprint Nextel layoff loads of employees from their offices world wide. Google Inc has jettisoned over 5,000 temporary workers in a recent austerity drive spurred by the recession. Google acknowledged in late November that [...]
3 Mar
Layoffs History in India by Indian IT Companies. TCS, Infosys, HCL Tech, Satyam, Patni, Mastek, Motorola, Capgemini, Sun, Yahoo, Hexaware, persistent and GlobalLogic layoff employees from India offices.
Please find compiled list of all layoffs across Indian IT companies. This list include layoffs from TCS, Infosys, HCL Tech, Satyam, Patni, Mastek, Motorola, Capgemini, Sun, Yahoo, Hexaware, persistent and GlobalLogic. (Please click this link to see details of all layoffs by MNCs all over world. List of companies include Google, Microsoft, Texas Instruments, IBM, [...]
2 Mar
TCS puts 130 more UK employees in scanner. No hikes in Salary this year. More Job Cuts are Possible in TCS.
Just a day after the report of India’s biggest software exporter TCS laying off several employees at its UK office, comes a report that the company has put another 130 employees under scanner. According to a report in a business daily, the 130 employees are said to be working for its UK-based insurance client Legal [...]
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