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Layoffs : SAP to cut 3,000 jobs | Mint Primer | Mint
German software firm SAP recently said said that the company has planned to cut 3,000 jobs, or 2.5% of its global workforce, and explore the sale of its remaining stake in Qualtrics, as it looks to cut costs and focus on its cloud business
17 Feb 2023IT sector to layoff 15,000 to 20,000 employees | Mint Primer | Mint
India’s IT and startup sectors may lay off 15,000 to 20,000 employees in the next six months, battling slowing demand after the hiring frenzy of the last two years inflated salary costs. Recruitment consultants expect fewer hiring mandates in the months ahead and have decided not to enter new businesses for now. However, even as some IT and startup companies will shed staff to manage costs, others within the same sectors are hiring, too. Let's find out in this video what kind of effect it will have on the economy, and is it likely that there will be more layoffs after this.
14 Feb 2023Spotlight on performance of IT firms and their leaders
Most companies, save for Infosys, are expected to grow faster in 2018-19 than in the current fiscal year and in 2016-17, according to multiple IT executives
4 min read11 Jan 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared