Firing

78 year old Larsen & Toubro (L&T), which is India’s largest engineering firm has decided to terminate 14,000 employees in a single go. This is being described as India’s largest ever layoff. 14,000 employees represent 11.2%…

The rise of automation and the dawn of robots in manufacturing is now becoming so mainstream that its no longer a ‘futuristic’ proposition. In one of the largest terminations ever recorded in human history, iPhone manufacturer…

Controversies are refusing to abandon Snapdeal, which is India’s 2nd most valued startup after recently raising $200 million at a valuation of $6.5-7 billion. After facing major embarrassment over losing a case involving a promise of…

Slowly, but steadily, Housing.com is realizing that there is a huge gap between the limitless startup dreams and the actual reality. After streamlining their operations, and quitting the commercial property space, short stays and…

Revenues of Samsung India are falling, and such is the alarming situation that they are firing employees to reduce their expenses. As per media reports, Samsung may fire 5% of their staff in India within next few months; which…