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Saturday, May 25, 2024
TopicIT layoffs

Topic: IT layoffs

Wipro, TCS, to Infosys, why mass layoffs by Indian IT companies come at a social cost

Companies treat layoffs as a cost-cutting instrument to boost performance and expect to be rewarded by stock markets. But evidence contradicts this notion.

On Camera

Punjab to Andhra to Telangana—state govts’ spending on freebies harming India’s growth story

It’s unfortunate that the increase in the overall debt due to irresponsible freebies is causing the downgrade in ratings by international agencies.

Indian airports currently lag behind global ones in a key revenue stream, but change is in the air

India’s major airports earned average of $4.3/customer in 2023-24 from non-aeronautical sources, much lesser than $7.2-15.9 of global ones, according to rating agency ICRA.

Indian Coast Guard conducts pollution response seminar and mock drill in West Bengal

The event was organized by the ICG at its headquarters coast guard district.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?