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Cognizant Laying Off 200 Top Execs: How Ethical Is The “Clean-Up” Spree?

What can be the price that any top wing has to pay to bring in jobs for young talent into a company? Their own jobs, it seems!IT services major Cognizant Technology (NASDAQ: CTSH) reportedly fired about 200 employees from the top pyramid this year, in a bid to bolster the intake of fresh junior talent into the company. It has trimmed the...

Yahoo! – AOL to Cut 2100 More Jobs As Acquisition of Yahoo! By Verizon is Completed

yahoo jobs cut
Bad news for internet giant Yahoo! shows no sign of stopping as it was announced that they would be cutting 15% of their 14,000 personnel workforce across Yahoo and AOL globally. This amounts to as many as 2,100 jobs in total. Yahoo! will be merged with Verizon’s AOL unit and renamed "Oath". This comes after approval of $4.48 billion acquisition of Yahoo's...

Ola Restructuring and Layoffs on Cards After Uber’s Open Challenge [UPDATED]

ola layoffs
Update 1: March 17, 11: 45 PM: Ola has responded to the story and rejected the possibility of any such layoffs. In an email to us, Ola clarifies that the company continues to grow fast and is focused on hiring top talents. They also went on claiming that the unicorn has no plan to layoff those employees who will be...

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YouTube Should Have Bid Adieu To Dislike Button Much Earlier?

Online video sharing platform YouTube can be a ruthless place for content creators targeted by 'dislike mobs'. And the site owners totally understand that...

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