Category: Talent Ecosystem

Bigbasket plans to recruit 10,000 employees to fulfill deliveries

The ongoing coronavirus pandemic has crippled the economy with many experts fearing a global recession, possibly worse than the 2009 financial crisis. The impact of the pandemic can already be seen in the industries. The travel and hospitality industry has been the worst hit among all due to lockdowns and travel restrictions imposed by governments…

Softbank backed satellite internet start-up OneWeb files for Chapter 11 bankruptcy, cuts jobs

OneWeb, the satellite internet start-up backed by Japan’s SoftBank Group, is filing for Chapter 11 bankruptcy. The company has since its inception launched 74 satellites and has 44 ground station to power its communication service using low earth orbit satellites. In their statement the company said that the Company and certain of its controlled affiliates…

Bounce lays off 120 employees to conserve capital

Bengaluru-based scooter rental startup Bounce has recently laid around 20% of its workforce in as a cost-cutting measure, as an Entrackr report. Most of these lays are from mid and senior-level with high salary packages. According to the report, the company has decided to let go of about 120 employees primarily from an internal project…

upGrad brings placement opportunities for job seekers in 300 Indian cities

upGrad, an online higher education company, partners with major corporates across BFSI and Technology sector to provide placement opportunities to the remotest corners of India with over 300 cities, thereby getting ‘Bharat’ to work. The initiative is being undertaken by the upGrad Academy Business vertical, which extends upskilling opportunities to the first-time job seekers and…