Tata Consultancy Services (TCS) finally ended the work-from-home (WFH) system for its employees, asking them to come office at least thrice a week. On September 24, the TCS sent an email to all of its employees, working in a hybrid model, ending full work-from-home adopted because of the pandemic. Senior employees have already been working from the office and customers are also visiting the TCS offices, read email.
Bombay High Court has allowed time for employees of Air India and other Unions to leave their staff quarters till September 24 since Ganesh Chaturthi is widely celebrated in Bombay. The airline personnel who had been living there since before the disinvestment were sent with eviction papers, but the Bench declined to overturn them. After September 24, authorities can take any appropriate legal measures against anybody who refused to leave. … read-more
India's second biggest information technology services provider Infosys has allegedly reduced the average variable compensation of employees due to the impact on margins and high staff costs. Infosys has reduced around 70% of the variable payment for the June quarter or Q1 FY23. Each employee's real variable payment will be determined by the regulations of their unit or… read-more
Google Extends Deadline For Freezing Hirings To Encourage Existing Employees To Work More Efficiently
Google has allegedly extended the deadline for hiring freezes by two weeks in order to encourage existing staff to be more efficient and focused. According to a Business Insider report, Google has delayed this for another week. Sundar Pichai,… read-more
The Verge reported on August 8 that Snap is in the early stages of contemplating layoffs. The extent of job losses is presently unknown because managers are still preparing it for their teams. Snapchat employs around 6,000 people. The news comes as technology corporations, cryptocurrency exchanges, and banking… read-more
Courtesy: Gadgets 360
Alibaba, Chinese technology corporation, has laid off around 10,000 workers as part of cost-cutting efforts in the face of a weakening economy. The layoffs came as Alibaba announced a 50% decline in net profits in the June quarter, to 22.74 billion yuan. In other developments, Alibaba Chairman and CEO Daniel Zhang Yong stated that the internet business wants to hire 6,000 new university graduates by the end of the year.
Apple is eliminating its mask rule for corporate staff in most regions, according to an internal document posted by the Verge on August 1. This comes as the Omicron forms of COVID-19 infections have been increasing in the United States. "Don't hesitate to continue wearing a face mask if you feel more… read-more
Courtesy: Gadgets 360
New set of guidelines for work from home (WFH) in organizations across India was released by Union Commerce Ministry on July 19. In accordance with the regulations, WFH is permitted for up to one year in Special Economic Zones (SEZ) unit and can be expanded to 50% employees. Employees of IT/ITeS SEZ units, temporarily disabled, who are traveling, and who are working offsite are included in the group of workers.
Zoho Corp, a software-as-a-service (SaaS) firm, plans to hire more employees in India and throughout the world. At least 2,000 new personnel are being hired in the fields of engineering, web development, design, product marketing, writing, support engineers, and sales executives. Zoho has a presence in India and the United States, and it has lately expanded into Egypt, Jeddah, and Cape Town, employing roughly 10,000 employees worldwide.
In order to reduce 10% salaries of Elon Musk-run Tesla, the company laid off 229 annotation employees from its Autopilot team and closed one of its offices in the US. On July 13, Tesla laid off workers from its San Mateo office, which has over 276 workers. The remaining 47 employees may be sent to work in Tesla's Buffalo Autopilot office, yet to be confirmed.
Courtesy: Ahmedabad Mirror