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Many new jobs coming up in Indian BPO sector. Infosys, Tech Mahindra and Aditya Birla Minacs aggressively opening new BPO units in Kolkata, Chandigarh and Andhra Pradesh. November 2, 2009

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India based BPO Companies have become very aggressive in recent times and expanding their operations all over the country. Infosys, Tech Mahindra and Aditya Birla Minacs have opened new units and creating many jobs in BPO/KPO sector.

Read more at 

http://itnews.idlefolks.com/many-new-jobs-coming-up-in-indian-bpo-sector-infosys-tech-mahindra-and-aditya-birla-minacs-aggressively-opening-new-bpo-units-in-kolkata-chandigarh-and-andhra-pradesh

Signs of IT business revival. Wipro, TCS, CTS started promotions and salary increment. October 4, 2009

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In the first visible signs of a turnaround in the Indian IT sector, Wipro, has lifted the freeze on promotions and hikes. TCS and CTS also announces promotions. Full Article

Hiring plan of Infosys, TCS and Wipro. TCS says Yes to hiring but Infosys says “no, we are already full”. October 4, 2009

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TCS said the company plans to add 1,000 jobs in the United States in the next year to boost its presence in a market TCS sees recovering ahead of other regions like Europe. The company currently has around 13,000 workers in the US. Full Article

Good news pouring in from Indian IT Services Providers. Infosys, TCS, Satyam, Tech Mahindra disclosing few nice surprises. July 11, 2009

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Last week Satyam (Part of Tech Mahindra now), Infosys and TCS disclosed few nice surprises.  It seems that Indian IT Service sectors has left the past and looking ahead for future.

See full article at http://itnews.idlefolks.com/good-news-pouring-in-from-indian-it-services-providers-infosys-tcs-satyam-tech-mahindra-disclosing-few-nice-surprises

Infosys is riding on ‘negative’ path. Employees’ numbers, revenues and profits are going down quarter by quarter. July 11, 2009

Posted by Sachin Gupta in Company News, Layoffs, Technology.
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Infosys came up with their Q1 2009-10 results today. Revenue, Profits and total Employees head counts have come down from last Quarter Q4 2008-2009. Infosys had already cautioned the market during their last Quarter result that revenue and Profit will be down in this Quarter but it was worrisome to take note of total head count in the company.

See full article at http://itnews.idlefolks.com/infosys-is-riding-on-negative-path-employees%e2%80%99-numbers-revenues-and-profits-are-going-down-quarter-by-quarter

History (list) of job cuts announced in Britain’s big corporates since March, 2009. July 11, 2009

Posted by Sachin Gupta in Company News, Layoffs, Technology.
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Layoff meters of UK large companies since March, 2009. This list of layoffs includes British Petroleum, British Telecom, RBS, HSBCm AXA, Corus, Llyods, Aviva and Logica.

Read this article at http://itnews.idlefolks.com/history-list-of-job-cuts-announced-in-britains-big-corporates-since-march-2009

Infosys, Wipro, Mastek and Hexaware innovate to cut costs but jobs in layoff season. Take sabbatical or get trained. May 4, 2009

Posted by Sachin Gupta in Company News, Layoffs.
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HR personals in Infosys, Hexaware, Wipro and Mastek have become innovative and trying to find the alternatives to layoffs unlike western IT companies. One of these alternatives is taking long sabbatical with major cut in salaries like what Infosys and Mastek did. It could be creating ‘virtual bench’ by Mastek where employees will take severe cut in salaries and get trained in technologies.

Read more details of this news at

http://itnews.idlefolks.com/alternatives-to-layoffs-in-infosys-hexaware-wipro-and-mastek-go-for-long-sabbatical-or-get-trained-with-50-cut-in-salary-or-get-out

Yahoo layoffs in India and recruits as well. Wipro and Freescale is also firing in India. May 4, 2009

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Global search engine player Yahoo, which recently announced a five per cent lay-off globally, is learnt to have asked around 60 employees from its Bangalore-based R&D centre to quit the company. The California-based company is also planning to hire 130 professionals in India in areas like product engineering.

Read more and uptodated news on layoffs at.

http://itnews.idlefolks.com/tag/layoffs

Freescale Semiconductor, Texas-based computer chipmaker, has decided to retrench around 250 professionals at its Bangalore centre, as the company seeks to lower its operational costs by shutting down several manufacturing units across the globe and trim its payroll.

Last week, according to company sources, an indefinite number of Wipro employees have been laid off by the company. An employee, who has been laid off says, “Last week, around 300 employees were laid off on one single day.”

Many more news of Wipro at

http://itnews.idlefolks.com/tag/wipro

Cognizant Technology Solutions (CTS) adds tough condition for campus recruits. Will give jobs only if you pass test but No layoffs in iGate. Btw, iGate is freezing hiring till Q3 April 23, 2009

Posted by Sachin Gupta in Company News, Layoffs, Technology.
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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.

Read more at http://itnews.idlefolks.com/cognizant-technology-solutions-cts-adds-tough-condition-for-campus-recruits-will-give-jobs-only-if-you-pass-test

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.  Reat at http://itnews.idlefolks.com/igate-is-freezing-hiring-till-q3-but-no-layoffs-in-igate

Wipro and Oracle indulge in shopping spree. Nokia to sold its enterprise mobile TV unit to Wipro Technologies. Oracle acquires Sun Microsystems finally. May layoffs 5000 employees from combined entity. April 23, 2009

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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.

http://itnews.idlefolks.com/wipro-in-shopping-spree-nokia-to-sold-its-enterprise-mobile-tv-unit-to-wipro-technologies

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.

http://itnews.idlefolks.com/leaving-ibm-behind-oracle-acquires-sun-microsystems-finally-may-layoffs-5000-employees-from-combined-entity