Amazon CEO Reveals Real Reason Behind 14,000 Job Cuts
Amazon CEO Andy Jassy explains why the company eliminated 14,000 positions. Discover the truth behind the massive layoffs that's NOT about cost-cutting or AI replacement.
Category : Corporate News
Cipla CEO Change: Achin Gupta Succeeds Umang Vohra
Indian pharmaceutical giant Cipla reveals strategic leadership transition with Achin Gupta succeeding Umang Vohra as Global CEO in September 2024, marking a new era for the company.
Urjit Patel resigns from Britannia board
In a significant corporate development, former RBI Governor Urjit Patel has resigned as non-executive director of Britannia Industries. Explore the implications and timing of this unexpected move.
Amazon Layoff Fallout: Viral Post Reveals Hidden Costs
An ex-Amazon employee's emotional X post goes viral, exposing how tech layoffs cost more than just employment - from lost healthcare to visa nightmares. Her story highlights the harsh reality of corporate restructuring.
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ITC Q2 Profit Jumps 10% to ₹5,199 Crore
ITC delivers impressive Q2 performance with 10% profit surge to ₹5,199 crore, driven by strong FMCG and hotel segments. Revenue climbs despite cigarette volume pressure. Full analysis inside.
Cognizant Plans India Listing for Higher Valuations
IT giant Cognizant explores potential India listing to tap into domestic investor base and unlock higher valuations in what could be a landmark move for the tech sector.
Adani Power Q2 Profit Dips 12% on Higher Costs
Adani Power reports 12% decline in Q2 net profit to ₹2,906 crore as rising operational costs offset marginal revenue growth. Total income edges up to ₹14,308 crore amid challenging market conditions.
8th Pay Commission: Salary Calculation Formula Explained
Complete breakdown of how the 8th Pay Commission will calculate salaries for central government employees. Learn about the fitment factor formula, expected salary hikes, and implementation timeline.
Govt's Legal Shield: AGR Relief for Vodafone Idea & Airtel
Exclusive insights into the government's legal stance on Supreme Court's AGR dues order. Discover how Vodafone Idea and Bharti Airtel benefit from financial relief measures and the broader implications for India's telecom sector.
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ICAI Introduces New Accounting Standards for Indian Companies
The Institute of Chartered Accountants of India introduces groundbreaking accounting standards that will reshape financial reporting for companies across sectors. Learn how these changes will impact transparency and compliance.
Power Discoms Get ₹2.44L Cr Debt Restructuring Package
India's struggling power distribution companies get massive debt relief package with strict reform conditions. Delhi's privatization model expands as states face disinvestment deadlines.
Meta Profits Crash 52% on $16B Trump Tax Charge
Meta Platforms reports staggering 52% profit decline in Q3 earnings, hit by massive $16 billion legal charge from Trump administration legislation. Revenue growth continues despite Reality Labs losses.
Target Zoom glitch adds to tech mishaps during job cuts
Target's recent Zoom malfunction during a crucial employee meeting highlights the company's ongoing technological challenges as it navigates significant workforce reductions.
Elderly Couple Wins Airline Seat Charge Case - New Precedent
An elderly couple's complaint against unfair airline seating charges leads to a groundbreaking ruling that protects all Indian passengers from hidden fees and mandatory premium seat purchases.
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Boeing's $5.4B Loss: 777X Delays Deepen Crisis
Aviation giant Boeing faces mounting pressure as 777X program delays trigger massive $4.9 billion charge and $5.4 billion quarterly loss, threatening turnaround efforts.
Priya Kapur leads ₹30,000cr empire amid legal battle
Priya Sachdev Kapur shares exclusive photos from Sona Comstars Chennai plant while continuing Sunjay Kapur's massive business legacy amidst legal dispute with Karisma Kapoor's children.
HPCL-Mittal Energy halts Russian oil imports
HPCL-Mittal Energy Ltd, the joint venture between steel tycoon Lakshmi Mittal and Hindustan Petroleum, suspends all Russian crude purchases citing US sanctions. The move signals growing compliance challenges for Indian refiners.
Amazon Slashes 14,000 Corporate Jobs: India Impact
Amazon announces massive workforce reduction of 14,000 corporate positions. Get exclusive insights on how this restructuring will impact Amazon India operations and the broader tech employment landscape.
8th Pay Commission Approved: Big Salary Hikes Coming
Cabinet greenlights 8th Pay Commission terms - Central government employees and pensioners can expect significant salary revisions and pension increases. Latest updates on expected hikes and implementation timeline.
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Amazon Layoffs: Employees Fired Via Text Messages
Amazon's latest round of layoffs unfolds dramatically as employees receive termination notices through text messages, raising questions about corporate communication ethics in the tech industry.
Amazon India May Cut 1,000 Jobs in Global Restructuring
Amazon's massive global layoffs hit India operations, potentially affecting 1,000 employees across multiple departments including AWS and HR. Get exclusive details on which teams face the biggest impact.
UPS Axes 48,000 Jobs in Major Restructuring Move
Global logistics giant UPS announces massive workforce reduction of 48,000 jobs amid Amazon business decline, Trump-era tariff impacts, and strategic profit-boosting measures. Exclusive analysis.
UPS axes 12,000 jobs in major restructuring move
Global logistics giant UPS announces massive workforce reduction of 12,000 employees as part of sweeping restructuring measures to counter declining revenue and falling share prices. The strategic move aims to streamline operations and boost profitability
Indian Airlines Face ₹10,500Cr Storm in FY26
Indian aviation sector heads for turbulent times with projected massive losses in FY26 as ATF prices surge and passenger growth slows, putting airline margins under severe pressure.
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UPS Axes 34,000 Jobs in 2025 Restructuring
Global delivery titan UPS has eliminated 34,000 positions in just nine months as part of an aggressive turnaround strategy. Discover how this workforce reduction is reshaping one of world's largest logistics companies.
Vi Plans Africa Foray via Indus Towers Stake Sale
Vodafone Idea plans strategic stake sale in Indus Towers to fund African telecom venture, marking major international expansion while addressing domestic challenges.
India's Oil Security: Puri Guarantees Stable Crude Supply
Union Minister Hardeep Singh Puri assures uninterrupted crude oil flow despite global disruptions. India's refining capacity soars to 275 MMTPA, with ethanol blending hitting 12% target ahead of schedule.
Jio Crosses 50 Cr Users, Vi Loses 7 Lakh Subs: TRAI
Reliance Jio continues its telecom dominance, adding maximum subscribers and crossing 50 crore user milestone as Vodafone-Idea faces significant customer exodus, latest TRAI data reveals.
Candy Warehouse Files Bankruptcy Before Halloween Season
Major US candy distributor Candy Warehouse collapses into Chapter 11 bankruptcy just before crucial Halloween season, citing dramatic sales decline and economic pressures.
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CEOs Declare War on Meeting Phone Use
Exclusive research exposes how smartphone addiction during meetings is costing companies billions and driving leadership to breaking point. Discover the silent productivity killer in corporate India.
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