Yahoo is hiring for hundreds of job openings including nearly 150 vacancies in India, even as the internet major is set to bring down its global workforce by about 675 employees. “We are currently hiring for key positions and will continue to invest in strategically important areas,” a Yahoo spokesperson based in the US said. [...]
Archive for April, 2009
28 Apr
Time to change the country. TCS tells its staff to come back to India. Non-performers are facing layoffs.
As part of cost-cutting measures, India’s largest outsourcing firm Tata Consultancy Services (TCS) said that it will relocate staff abroad into India. “The company follows an onsite-offshore model. We will focus to do more work in India because it helps in saving cost and efficiency,” TCS Chief Operating Officer N Chandrasekaran said. However, the company [...]
28 Apr
Good news finally for BPO sector. Wipro hiring 1200 for it's BPO jobs in Hyderabad.
Despite the economic slowdown, Wipro BPO, the business process outsourcing division of IT giant Wipro Technologies, is hiring personnel and expanding its operations globally, a top official said. “For the last six months, we have been hearing depressing news about people losing jobs and companies resorting to cost-cutting measures but we are still looking for [...]
28 Apr
Layoffs news again. Nokia is cutting 450 more jobs.
Nokia, the world’s biggest mobile phone maker, said on Tuesday it would reduce investment in creating new services, helping it to cut further 450 jobs. Nokia, which made its first ever quarterly pretax loss in January-March, is cutting annual costs at its key handset unit alone by more than 700 million euros ($911 million) to [...]
22 Apr
Leaving IBM behind, Oracle acquires Sun Microsystems finally. May layoffs 5000 employees from combined entity.
Oracle Corp plans to enter the computer hardware market by buying Sun Microsystems Inc for more than $7 billion, swooping in after Sun’s talks with IBM fell apart. The announcement on Monday surprised many Oracle watchers, who believe the company can boost profitability at Sun’s software businesses but were unsure if it can be as [...]
22 Apr
Wipro in shopping spree. Nokia to sold its enterprise mobile TV unit to Wipro Technologies.
Nokia has sold its enterprise mobile TV unit to Wipro Technologies. Wipro also confirmed that it has purchased Nokia Mobile TV Broadcast Solution, offering enterprise mobile TV solutions. However, the tech major has declined to put a value to the deal. The unit has around 40 employees, who have been developing software and hardware to [...]
22 Apr
iGate is freezing hiring till Q3 but No layoffs in iGate.
Software firm iGate today said it has put a freeze on hiring till the third quarter of the current calendar year, when it expects a bounce-back in the global economy. “We have frozen hiring. We will not hire till the economic condition improves which we expect to happen in the third quarter of the current [...]
22 Apr
Yahoo will layoff 5% of workforce or 700 more jobs. Announced mandatory shutdown for one week.
Not so good news from Yahoo again. Yahoo Inc said it would cut 5 per cent of its global workforce (nearly 700 jobs) and reported quarterly results that showed progress towards controlling costs, sending shares higher in an after-hours relief rally. The Internet company said economic conditions remained challenging, as revenue on Yahoo Websites from [...]
20 Apr
Cognizant Technology Solutions (CTS) adds tough condition for campus recruits. Will give jobs only if you pass test
Cognizant Technology Solutions has come up with a three-month e-learning programme that its new hires must compulsorily complete before they can join the company. The move comes as a surprise for the engineering graduates who were offered jobs by the company back in 2007, when they were still in college. Had all gone well, they [...]
19 Apr
Infosys follows Wipro path. Asks 3500 employees to join Infosys BPO instead of sitting on bench and receiving salary without work.
India’s second largest information technology (IT) services provider, Infosys, has urged its 3,500-odd employees currently ‘on the bench’ (without any project to work on) to move to its business process outsourcing (BPO) arm, while remaining on the parent company’s rolls. The action is primarily targeted at BSc graduates in its IT services and is “purely [...]
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