Advertisements Taiwan-based Apple phone maker, Foxconn intend to double its investment and workforce in India within the next 12 months. The proposal came through V. Lee’s recent Linkedin post on the occasion of PM Modi’s birthday on September 17. In… Read More ›
Workforce
iRobot Lays Off 10 Percent Workforce Amid USD 1.7 Bn Amazon Acquisition
Advertisements Global consumer robot company iRobot, acquired by Amazon for $1.7 billion last week, has laid off 10 per cent of its workforce — nearly 140 workers. The company said that to better align its cost structure with near-term revenue,… Read More ›
Edtech Unicorn Eruditus Cuts Workforce; Lays Off 40 Employees
Advertisements In all, there are 80 employees leaving edtech, 40 voluntarily entering their papers, said Ashwin Damera, Co founder and CEO of Eruditus. The edtech unicorn has halved its talent acquisition team to move forward with plans to reduce hiring… Read More ›
UpGrad To Hire 3,000 People In Three Months, Close To Securing Fresh Funding
Advertisements Bucking the trend of lay-offs in the edtech sector amid funding crunch, Upgrad on Wednesday said it is looking to add nearly 3,000 people in the next three months and is close to securing a fresh funding. The five-year… Read More ›