Connect with us

Latest News

Wipro Sacks More Than 600 Employees Post Performance Appraisal

Published

on

wipro, wipro sacks more than 600 employees post performance appraisal, wipro performance appraisal, wipro bengaluru, Software firm, wipro sacks employees, cognizant, startup stories latest news

India’s third largest software services firm Wipro has sacked as many as 600 employees post a performance appraisal. However, the speculation has been widespread that the number may go up to 2000. By the end of December 2016, the employee count of this Benguluru based company was 1.79 lakh.

This layoff is a part of an annual process of the company, which includes finding out the non-performers and clearing them out. “This systematic and comprehensive performance evaluation process triggers a series of actions such as mentoring, retraining and up-skilling. The performance appraisal may also lead to the separation of some employees from the company and these numbers vary from year to year,” said Wipro about in regard to this layoff.

This move comes after its major rival Cognizant initiated to lay off 6000 employees, which represents just 2% of its entire workforce. And also when companies are facing an uncertain environment after their worker visas have been curbed by various countries like Australia, Singapore as well as New Zealand. These companies use work visas to send employees to work on client sites.

According to some reports, Indian IT companies get their most of the revenue (60%) from the North American market, 20 % from Europe and the remaining from other economies. Since technologies like automation and artificial intelligence has come into existence, the need to have a larger number of employees at a client site has been reducing.

Continue Reading
Advertisement
2 Comments

2 Comments

  1. Austinxza

    March 24, 2025 at 12:15 pm

    Being in the correct state of mind makes sure that you’ll prepare to have the most effective partnership that you can have. Honoring your needs and demands is essential in your dating life, yet it’s additionally excellent to take into consideration whether you’re ready to take dating that seriously. Give on your own some deliberate change time prior to the event to prepare yourself and to leave your workday frame of mind. If your intent is playfulness, you can pay attention to lively songs, or if it’s romance, take some time to response load what that indicates. A great deal of individuals really feel that it’s the male’s task to send the very first message and take the lead with dating. Though senior citizens are typically thought about to be smarter, they too could make dating blunders in rush or desperation. If the person throughout from you is in fact compatible with you, concerns are also the ideal way to determine! They approach on us like a panther and before we understand it, we’ve evaluated our date for their footwear and hoodie, the means they stammered, giggled also loud, or called us by the incorrect name.

    Sometimes we’ve composed them off totally by the time we take a seat to chat and they are struggling to locate ways to engage us. It will definitely assist you to obtain success in actual double-quick time according your need. This will certainly additionally provide you a possibility to see just how she acts around her good friends. I advise not consuming alcohol so you can efficiently exercise mindfulness and most precisely examine that you would certainly such as to see again.Your setting and how you feel will affect just how you show up and exactly how others regard you, so stack the cards in your favor. Your voice is necessary, and if your day is “the one” for you, they will certainly value hearing exactly how you feel and what you have to say. Unable that you need to obtain standards on obtaining females that will have them nearly placing themselves at you. This will certainly help her relax, also, [url=https://www.youtube.com/user/LatamDate]latamdate.com[/url] because you’ll really feel much more comfortable and positive. Every relationship will certainly have awkward minutes. Just due to the fact that you have chemistry with someone by e-mail does not mean that that person can in fact continue a genuine conversation in real life.

    Meeting brand-new people can be challenging for both celebrations, particularly if you’re reluctant or otherwise right into tiny talk. If after attempting this, you’re just not having any kind of fun, thank your day and excuse on your own. I assume it’s the appropriate time for you to perhaps re check out just how much focus you place on searching for that romantic companion, and the policy that you’re searching for them to fill in your life and take supply of what you currently have and the people you currently have that are bringing you love right currently. Reader, dater, person who concurs that the very best means to learn more about someone, is to spend high quality time with them. Close your eyes and envision on your own personifying this high quality. Remind yourself of this objective if you locate yourself getting off-track on the day and sensation burnt out, frustrated, and so on. Return to your intent and the quality you wish to personify. An objective is a quality that you would love to grow this night, like love, gentleness, compassion, conscious self-compassion, excitement, enthusiasm, or playfulness.

    I.e. if your date claims something you like or that makes you happy, say “Oh! As a certified dating coach, I suggest my clients to come up with their default inquiries – those questions that are most crucial to them to find out about a person to establish if you desire to go on a 2nd day. And a second is like it: You will enjoy your next-door neighbor as yourself. I was single for a long, long time-until I was 47. I would certainly have most likely never satisfied the love of my life and gotten wedded if it had not been for discovering particular dating techniques. You have a range of dating websites and applications to select from and an almost countless number of individuals to meet. If you desire to understand about how to make large size dating operate in the New Year, then you require to relocate for the on-line dating sites.

  2. Tseglo

    March 28, 2025 at 1:23 pm

    I like to check and see if my date likes to take some initiative. Moreover, you may get the dating advice to search out out what the guys like. The whole concept of courting older ladies has already gained momentum in the current years, and at present you can simply find women keen to splurge their time and money on males who are usually not simply younger to them, but also share widespread pursuits and targets in life. Well, previous to jumping onto the relationship scene, there are just a few dating tips for ladies. Well, it’s best that she speaks completely good English. To impress your girlfriend it is advisable do some homework and solely then you can make the first impression as the most effective. By adhering to these first date rules, you possibly can create a optimistic impression and lay the muse for future interactions. When you’re speaking together with your lady at a candy and clean stage, you can begin considering, discussing and working on to develop yourself as a future partner: What is going to your next stage relationship be? The main reason is that if you meet your girlfriend, you have to be ready to start out off a dialog quite simply without any hesitation.

    Intially, once you meet your girl pal for the first time, you may face some embarrassing scenario however remember all these are a part of the Dating Asian Girls. Every state of affairs is totally different, and every lady is unique. Above are some factors that you must look out when relationship your Chinese lady. Magic sparks might happen when two people meet;nonetheless, I don’t suggest doing things which are evaluated to lead to adverse impact. It’s a two-way street, only when both two of you take it up mentality will the magic start. The connection that start over the Internet develop into deeper, more significant ones and plenty of times, the couples find yourself together, either in marriages or they dwell together with one partner transferring to be closer to the other. We hear unhappy and ache tales of people having problems of their relationship, breaking up with their ladies, and the most common phrases they’d use to end up their story can be — “She simply does not understand me.” But have you ever listened to the clear words your lady say? There are too many unhealthy ending relationship stories around us in our on a regular basis life.

    For those who simply need a lot of flirty distraction, by all means, keep taking part in on these websites, but if you’re on the lookout for something real, follow Lou’s recommendation: No more than two weeks on the location exchanging flirty messages. We’ve got some incredibly helpful suggestions for newbies, males, women, seniors, and more. Nowadays, many packages on Tv share simple but efficient dating tips for women and men. Sure, it’s enjoyable to look at all his pictures, however look at the data he’s chosen to share about himself. It’s time up to now goblin-forward. If your S.O. has decided to abandon you for a unique university, or is residing and working in a unique city, make the time you’ve got together special. There are various kinds of tradition that prevail in Asian nations so if Asian Women are your areas of curiosity then just be sure you do get some information concerning the culture and different points of that area. By passing on such comments, you’ll solely prove your immaturity and there are probabilities that you’ll en d up dropping her completely. You should be observed that there is no such thing as a rose with out a thorn.

    There are girls that does the first transfer, beware! Are the tradition or language distinction going to affect our relationship? The trick is very simple you probably will not be going to think it works. Confidence is what keeps the dialog going upon winning you a date with a sugar daddy. It will be significant up to now only [url=https://latamdatescam.wordpress.com/2014/04/24/is-latamdate-scam-or-not/]latamdate scam[/url] when you’re ready. Getting the fitting girlfriend may be a really tough job but don’t be concerned there are several websites that present this providers. In fact there are other things you need to concentrate to when dealing with a relationship. I fairly understand that you are grieved because of your final damaged relationship and need to search for a new one who makes you are feeling safe and snug. And something that could make you feel about 1,000,000 instances higher is remembering that he is probably nervous, too. Showing up to a place you’ve by no means been could make some people anxious. The model of your self you present to someone on-line could be fairly completely different than the ‘actual’ you. You want to make certain that the individual with whom you plan on spending your life is somebody who honors God and will probably be a blessing to you in your life.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Piyush Anchliya Joins Cashfree Payments as CFO Amid Expansion in India’s Fintech Sector

Published

on

Cashfree Payment - StartupStories

Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer (CFO), effective April 15, 2025. Anchliya brings over 15 years of experience in investment banking, corporate finance, strategy, and mergers and acquisitions, with senior roles at Barclays, Bandhan Group, and most recently as CFO of Bandhan AMC. He holds an MBA from IIM Ahmedabad and a B.Tech. from IIT Kharagpur.

In his new role, Anchliya will lead Cashfree’s financial strategy, optimize operations, and support the company’s next growth phase. He will report to CEO and Co-founder Akash Sinha, who highlighted Anchliya’s expertise as vital for sustainable scaling and strengthening the company’s financial foundation. Anchliya succeeds outgoing CFO Vikas Guru, who will assist during the transition.

Founded in 2015, Cashfree Payments processes over $80 billion annually for more than 800,000 businesses. The company recently raised $53 million in funding led by KRAFTON and Apis Growth Fund II and secured key RBI licenses, positioning it for accelerated growth in India’s fintech sector. Anchliya’s appointment comes at a pivotal time as Cashfree aims to expand its leadership in digital payments.

Continue Reading

Latest News

Flipkart’s Jeyandran Venugopal Likely to Join Reliance Retail as CEO

Published

on

Flipkart - StartupStories

Jeyandran Venugopal, the outgoing Chief Product and Technology Officer of Flipkart, is set to become the CEO of Reliance Retail Ventures (RRV), the retail arm of Reliance Industries. His appointment, expected to be finalized in May after his exit from Flipkart, signals Reliance’s push to strengthen its retail business with a technology-first approach.

Venugopal brings extensive experience from leading roles at Flipkart, Myntra, Yahoo, Snapdeal, and Amazon, where he focused on scaling technology platforms and driving innovation. At Flipkart, he managed product, engineering, data science, and more, helping build robust systems and improve user experience.

His move comes as Reliance Retail undergoes transformation, including cost-cutting and a renewed focus on digital growth. Venugopal’s leadership is expected to accelerate Reliance’s ambitions in omnichannel and tech-driven retail, positioning the company for continued dominance in India’s evolving market.

Continue Reading

Latest News

Delhivery’s Acquisition of Ecom Express: A Major Consolidation in Indian Logistics

Published

on

Delhivery’s Acquisition of Ecom Express: A Major Consolidation in Indian Logistics,Startup News,Startup Stories 2025,Startup Stories India,Startup Latest News,Startup Story,Delhivery,Delhivery’s Acquisition of Ecom Express,Indian Logistics,Stock Market News,Stock Market,Indian Stock Market,Ecom Express,Delhivery Acquires Controlling Stake In Ecom Express,Delhivery's ₹1407-crore Acquisition Of Ecom Express,Ecom Express Acquisition,Delhivery To Acquire Ecom Express,India's Logistics Landscape,Logistics Acquisition,E-commerce Logistics,Indian Logistics Market,Delivery Infrastructure,Logistics Technology,Supply Chain Consolidation,Acquisitions,Stock Market Updates,Business News,Business News Today,Share Market Today,Delhivery Share Price,Delhivery Share,Delhivery Share News,Delhivery IPO,Delhivery Stock News,Delhivery Stock Market,Delhivery New Acquistion

Delhivery, one of India’s leading logistics companies, has announced its acquisition of Ecom Express in an all-cash deal valued at ₹1,407 crore. This strategic move marks one of the largest consolidations in the logistics sector and is expected to enhance Delhivery’s scale, profitability, and operational efficiency.

Background

Ecom Express, founded in 2012 and headquartered in Gurugram, has faced significant financial challenges recently. The company canceled its IPO plans in 2024 and laid off hundreds of employees due to operational setbacks, including losing a major client, Meesho, which shifted to its in-house logistics service Valmo. These struggles led to a distressed sale, with private equity investors like Warburg Pincus and Partners Group exiting their stakes entirely.

Strategic Benefits for Delhivery

  1. Enhanced Scale: The acquisition will strengthen Delhivery’s network reach and infrastructure, enabling better service delivery across India.
  2. Operational Synergies: Combining operations with Ecom Express will improve efficiency and reduce costs through economies of scale.
  3. Competitive Edge: With Ecom Express as a subsidiary, Delhivery solidifies its leadership position in the logistics space by offering broader coverage and faster services.

Challenges Addressed

The acquisition mitigates risks from Ecom Express’ financial struggles while addressing past disputes between the two companies over inflated shipment volumes reported by Ecom Express during IPO filings.

Future Outlook

The deal is expected to close within six months after regulatory approval from the Competition Commission of India (CCI). Post-acquisition, Ecom Express will operate as a subsidiary of Delhivery, unlocking new growth opportunities such as advanced logistics technology integration and expanded customer reach.

With ₹5,488 crore in cash reserves as of September 2024, Delhivery is well-positioned to finance this acquisition without compromising financial stability. This move underscores Delhivery’s commitment to innovation and efficiency in India’s rapidly evolving logistics landscape.

Continue Reading
Advertisement

Recent Posts

Advertisement