Adding to the long list of layoffs by major startups, 245 employees of UberEats India are now on the verge of getting the pink slip after the company’s acquisition by Zomato. According to a report by The News Minute, these employees have been asked to leave the company by March this year. While 163 of…
They are looking for people with a super hardcore work ethic, talent for building things, common sense & trustworthiness.For those interested in working at SpaceX, Founder and CEO Elon Musk put across an invite on Twitter to SpaceX’s career day being held at Boca Chica on on Feb 6, 2020 between 3 – 9 pm.…
HSBC is expected to initiate a fresh round of job cuts as a part of an organisational restructuring focused on growth and boosting profitability. The job cuts will target senior managers ( as per a Reuters report), and would mainly hit operations in London and to a lesser extent in Asia. The bank will also…
Earlier this week, the iconic American department store chain Macy’s announced its plans to shut over 125 stores and cut down over 2000 jobs. The company has shut down its headquarters in Cincinnati and tech offices in San Francisco. These changes are a result of massive restructuring exercise underway at Macy’s to reduce their burden…
GoDaddy has recently has entered into an acquisition agreement with South African startup Over for an undisclosed amount. Over is a social content developer startup that through its app lets businesses create photos and videos for their social media content. Over claims to have more than 1mn active users on its platform who are using…
After issuing pink slips to about 15-20 % of its 12,000 strong workforce earlier this month, OYO Hotels and Homes have rolled out benefits for the outgoing members. To lessen the burden of the leaving employees, OYO has offered services like outplacement, gross pay of 3.2months, personal insurance for 90 days and parental insurance of…
JPMorgan Chase & Co. is planning to dismiss hundreds of employees from its consumer unit in an attempt to rein in costs. According to a Livemint report citing unidentified sources, the bank plans to notify the affected employees on February 6 and the job loss will be scattered across divisions. JP’s consumer unit houses deposits,…
Indian Bank, a Public Sector Bank, with headquarters in Chennai has invited applications for the post of Specialist Officer. As per the released notification, a total of 138 vacancies are open for the post of Assistant Manager, Manager, and Senior Manager. Interested candidates can apply online for the job at the official website of the…
Cohesity announced that it has opened a new facility in Pune, Maharashtra, and has plans to hire approximately 100 employees at that site, nearly doubling its presence in Pune. The new office is located in Axis Centra, a modern Class A commercial building in the western neighbourhood of Baner Balewadi and Hinjewadi, which is becoming…
Barclays Plc has plans to cut about 100 senior jobs that are mostly related to trading roles across its corporate and investment bank, as the British lender seeks to rein in costs. Barclays has started trimming managing director and director positions, mainly in London and Asian financial hubs. The fact got confirmed by people familiar…
Future Group, the Kishore Biyani-led company, has decided to scale down its e-commerce venture Retail 3.0. In a bid to restructure its e-commerce business, the company has laid off about 400 people. According to a report by LiveMint, the layoffs are from roles in sales, product development, marketing, and ground operations. The company had recently…
Google has announced a new course in the coding language Python, that will prepare American workers for jobs in the tech industry. Python is considered to be a key skill that most employers in the tech industry are looking for. Google says it wants to prepare people for jobs in the industry. The program is…
CGI, a global IT consulting firm, is seeking to hire nearly 15,000 people in India over the next four to five years. In a media statement, Serge Godin, the founder of CGI, said, “So, we double the size of CGI every three to four years or five…And the big winner from that point of view…
BharatPe, a UPI payments system, is planning to hire 75 engineers and project managers this year to expand its technology team and will set up a tech-hub in Delhi for the expanded team. The company was founded by Ashneer Grover and Shashvat Nakrani in 2018. In a statement, the fintech player said, “BharatPe is coming…
Silicon Valley Bank, a subsidiary of SVB Financial Group, is planning to hire over 200 people for its newly opened Bengaluru Office. The company has started hiring engineers, systems architects, data analysts, product design, development and support for core functional areas of SVB’s business. As per ET, Daniel Beck, Chief Finance Officer, Silicon Valley Bank,…