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Microsoft Restructures Workforce, Cuts 6,000 Jobs Amid AI Investment Push

Microsoft Restructures Workforce, Cuts 6,000 Jobs Amid AI Investment Push

As it restructures operations and prepares for rising costs with major investments in artificial intelligence (AI), Microsoft announced it will lay off about 6,000 employees or approximately 3 percent of its global workforce. Workers at

Infosys Warns Employees of Lower Q4 Bonuses Amid Profit Dip

Infosys Warns Employees of Lower Q4 Bonuses Amid Profit Dip

Bengaluru-based IT giant Infosys has informed employees their Q4 FY25 performance bonuses will be less than they anticipated due to ongoing disruption in the global software services industry. The company’s HR team recently held a

Norwegian Oil Workers and Firms Finalize Wage Deal for 7,400 Employees, Averting Strike

Norwegian Oil Workers and Firms Finalize Wage Deal for 7,400 Employees, Averting Strike

Oil companies and labor unions in Norway have reached a new wage agreement for oil workers which is a significant development for the energy sector that affects nearly 7,400 workers and excludes the risk of

KARAM Safety Rolls Out MDV 4.0 in Agra to Empower Employee Safety Across North India

KARAM Safety Rolls Out MDV 4.0 in Agra to Empower Employee Safety Across North India

KARAM Safety, a world leader in occupational safety, has unveiled its innovation, the Mobile Demo Van (MDV) 4.0 at the KARAM Marketing & Manufacturing Meet 2025 at Jaypee Palace, Agra. The launch of the MDV

Three-Time Champion: fischer India Named Top Workplace for 2025-26

Three-Time Champion: fischer India Named Top Workplace for 2025-26

Fischer India is happy to announce that it has received a hat trick of Great Place to Work Certifications which includes a new certification for 2025-2026. This certification demonstrates the organisation’s commitment to provide and

Nissan Announces Major Global Layoffs, Over 10,000 Jobs at Risk

Nissan Announces Major Global Layoffs, Over 10,000 Jobs at Risk

Nissan Motor Co., Ltd. is reportedly increasing its global workforce reductions to more than 10,000 positions bringing the total job reductions to just below 20,000 or roughly 15% of its total global workforce. This falls

Canara Bank’s Staff-Led Drive Raises INR 16,700 Cr in Deposits in 10 Weeks

Canara Bank’s Staff-Led Drive Raises INR 16,700 Cr in Deposits in 10 Weeks

Canara Bank implemented an extraordinary internal initiative on January 26, 2025 asking each of its 82,000 employees to help increase deposit mobilisation to address challenges faced throughout the system. The efforts resulted in INR16,700 crore

USAID Workers Face Trouble After Speaking to the Press & Reason Behind It

USAID Workers Face Trouble After Speaking to the Press & Reason Behind It

At least six employees of the U.S. Agency for International Development (USAID) have been put under formal investigation for speaking to the press without filing for permission first. These employees thought they had been laid

Canada Jobless Rate Rises to 6.9 Percent in April Amid Tariff Impact

Canada Jobless Rate Rises to 6.9 Percent in April Amid Tariff Impact

April's unemployment rate in Canada reached 6.9%, the highest in the subsequent period since November 2024. Statistics Canada's data demonstrates the increased impact of US tariffs on Canada's export-reliant economy. The rise in unemployment in

Walmart Sends More Orders to India, But Factories Struggle with Worker Crunch

Walmart Sends More Orders to India, But Factories Struggle with Worker Crunch

As U.S. retailers like Walmart and Costco pursue alternatives to Chinese and Bangladeshi suppliers due to rising tariffs, India's garment industry especially the one in Tiruppur, Tamil Nadu finds itself in a unique and good