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India’s Top IT Firms Experience Workforce Reductions in Q2 FY24 Amidst Softening Demand

In the second quarter of the fiscal year 2024, Indian IT service providers — Tata Consultancy Services (TCS), Infosys, and HCL Technologies — witnessed...

Acronis Announces Restructuring Effort, Prioritizing Partner Benefits

Acronis, a global leader in cyber-protection solutions, has revealed plans for a strategic restructuring, necessitating a reduction in its workforce. The company, founded in...

Accenture Freezes Salary Hikes and Delays Promotions in India, Amid Challenging Macro Environment

Global IT services powerhouse Accenture has made a strategic decision to withhold salary increases and postpone promotions for its employees in India and Sri...

Hyderabad Emerges as Global IT Services Powerhouse, Surpassing Bangalore in GCC Setup

Hyderabad, India, has solidified its position as a premier global services destination, driven by its exceptional talent pool, advanced technological infrastructure, and robust government...

Chetu Inaugurates Skill Development Centre in Noida, India

Chetu, a provider of software development and support services, marked a significant milestone with the inauguration of its new Skill Development Centre in Noida,...

General Motors Cuts IT Jobs in Arizona in Major Workforce Restructuring

In a move aimed at optimizing operations and curbing expenses, General Motors (GM) has revealed plans to eliminate 940 information technology (IT) jobs in...

Globant Unveils $1 bn Investment Plan to Propel Innovation and Growth in Latin America

Globant, a visionary force in delivering cutting-edge technology solutions, has unveiled a five-year investment initiative totaling $1 billion. This strategic move seeks to fortify Globant’s...

Accenture to Cut Nearly 900 Jobs in Ireland Amid Global Workforce Reduction

In a move that has sent shockwaves through the Irish IT sector, Accenture, the renowned IT consulting firm, has announced its plans to eliminate...