Once known for hiring hundreds of thousands every year, five of India’s top six information technology services companies reported a reduction of 73,600 in their total headcount in the last fiscal yearHCLTech, the third largest, was the only exception among the top six, as it added 1,537 employees in the year ended March 31, even as Tata Consultancy Services, Infosys, Wipro, Tech Mahindra and LTIMindtree reported a fall in their headcount. After accounting for the addition at HCLTech, the...
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.Tesla last week reported a 55 percent drop in quarterly earnings to $1.1 billion, reflecting a decline in EV sales in a market with intensifying competition.
The latest round is part of an enterprise-wide 2% staff reduction, the company said.
PAINTED POST, N.Y. (WETM) - The Corning-Painted Post Area School District unveiled its 2024-2025 budget proposal on Wednesday night. On May 21st, residents will vote on a budget that calls for raising the property tax rate from 3.89% to 4.97% to avoid any cuts to jobs or programs. The alternative is lowering the tax rate []
A MAJOR UK car dealership is closing 16 sites and cutting hundreds of jobs. The blow to CarStore sites, previously owned by Pendragon, comes just months after the company was taken over by US firm
ALBUQUERQUE, N.M. (KRQE) – In a letter to families Tuesday night, Albuquerque Public Schools announced changes in the bell schedule for the 2024-2025 school year. Most high schools are seeing little to no change starting at 8:40 am and going until 3:25 pm or 3:40 pm. Most middle schools will start about an hour earlier 8:05 []
PERMIAN BASIN (KMID/KPEJ) - Permian Hiring Events will be holding a multi-company hiring event at the MCM FunDome on Thursday. Companies will be hiring employees that are looking to start a career in the oil and gas field. There will be opportunities for both entry level and experienced job seekers. The event will be from []
The right-wing group that leads a recruitment effort for Capitol Hill offices and allied nonprofits, the Conservative Partnership Institute (CPI), has for months left exposed the sensitive personal information of applicants to its online "jobs bank," the Washington Free Beacon found, including members of the U.S. intelligence community, congressional aides, former Trump administration officials, and campaign operatives.
Alphabet's Google trimmed an unspecified number of employees from its workforce, a move it stated is part of a wider restructuring intended to simplify operations and increase efficiency.
Elon Musk has called for “absolutely hardcore” job cuts at Tesla, as the company lays off hundreds more employees in an attempt to control costs.
The restructuring plans were due to reduced demand, not external factors like the labour market situation, the company said.
The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. Google laid off an unspecified number of workers, though the cuts were not company-wide. The company classified them as a reorganization that was part of the normal course of business. Affected employees will be able to apply for internal roles. Google did not confirm or deny a report from Business Insider that teams in...