McKinsey Lays Off Over 5,000 Employees in Global Workforce Overhaul
New Delhi: McKinsey & Company has let go of over 5,000 workers globally in the last 18 months. One of ...
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Tag: layoffs
HSBC Trims Investment Banking Team, Cuts Over 24 Analyst Roles
New Delhi: HSBC Holdings has fired more than two dozen analysts in recent days as part of its continuous reorganisation ...
Wipro’s Factory Closure Leaves Hundreds Unemployed
New Delhi: IT and consulting major Wipro has announced the closure of one of its key manufacturing facilities, leading to ...
No Job Cuts for Delhi Mohalla Clinic Staff in Revamp Plan: CM Rekha Gupta
New Delhi: Delhi's Chief Minister, Rekha Gupta, offered reassurance on Friday, May 16, 2025, stating that Mohalla Clinic employees need ...
HSBC Planning to Slash 10% of Their Workforce as Part of Global Restructuring Strategy
New Delhi: HSBC plans to eliminate 348 positions in France, or around 10% of its workforce there. The bank said ...
Microsoft to Lay Off 6,000 Amid LinkedIn, Global Team Restructuring
New Delhi: Microsoft is laying off about 6,000 employees worldwide, or about 3 per cent of its staff. Tuesday's announcement ...
Third Wave of Layoffs Hits JPMorgan Chase
New Delhi: The biggest bank in the US, JPMorgan Chase, has further impacted its operations in North Jersey with the ...
Google’s Global Business Unit Slashes Approx 200 Employees
New Delhi: Google laid off roughly 200 employees in its global business unit, which handles partnerships and sales, on 6 ...
Assessment Failures Lead to Third Wave of Trainee Layoffs at Infosys
New Delhi: The IT giant Infosys has terminated the employment of about 195 trainees due to their failure to pass ...
Microsoft Offers Payout Option to Underperforming Employees on PIP
New Delhi: While on a performance improvement plan (PIP), Microsoft is giving its underperforming employees the choice to accept a ...
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