Career News & Insights

Citigroup advances workforce reset as transformation plan gathers pace

Citigroup has announced another round of job reductions, cutting around 1,000 roles this week as it accelerates a sweeping multi-year transformation aimed at reshaping the bank’s cost structure and operating model. The move is part of a larger plan to reduce the global workforce by nearly 20,000 positions by the end of 2026, underscoring the [...] The post Citigroup advances workforce reset as transformation plan gathers pace appeared first on HR Katha .

Wipro down 8%; Reliance and ICICI Bank top drags

Ola Electric CFO exits, co names successor

Microsoft quietly winds down employee access to news and library resources

After reducing its workforce by roughly 15,000 roles last year, Microsoft has introduced another understated but significant change. Many office-based employees no longer have access to internal library services or paid business and technology news subscriptions, marking a noticeable shift in how the company supports learning and research at work. The move began quietly late [...] The post Microsoft quietly winds down employee access to news and library resources appeared first on HR Katha .

Top Indian IT Firms Added Only 17 Employees in Last 9 Months

TCS was the biggest drag overall after cutting 25,816 jobs, while Infosys, Wipro and HCLTech added employees. The post Top Indian IT Firms Added Only 17 Employees in Last 9 Months appeared first on Analytics India Magazine .

Citi CEO Jane Fraser warns of more job cuts, looks to 'raise the bar'

Citigroup, a New York-based bank whose performance has long lagged below that of other major US lenders, has made streamlining the business and reducing waste a top priority. The bank has undergone a makeover under Fraser, who took over in 2021. This includes reorganising its core business and selling off a large portion of its foreign retail division.

TCS job cuts now bigger than the entire workforce of many Nifty 50 firms

TCS has cut over 30,000 jobs in six months as profits slide, costs rise and AI-led restructuring accelerates across India’s largest IT employer globally base.

Elevation Capital-Backed AI Startup Alle Shuts Shop

Elevation Capital-backed AI fashion stylist platform Alle has officially shut its operations. In a LinkedIn post, cofounder Prateek Agarwal said…

HCLTech Cuts Net Jobs, Adds 2,852 Freshers in Q3 As Revenue Jumps 13%

HCLTech ended the December quarter with 2,26,379 employees, down by 261 from the previous quarter. The post HCLTech Cuts Net Jobs, Adds 2,852 Freshers in Q3 As Revenue Jumps 13% appeared first on Analytics India Magazine .

TCS Q3 Results: Attrition Rises To 13.5%, Headcount Down By Over 11,000

TCS says its workforce has reduced by 30,906 employees since the first quarter of FY26, following the restructuring announcement.

TCS Headcount Falls by 11,151 Even as AI Workforce Crosses 2,17,000 in Q3

The decline in overall headcount highlights how TCS is reshaping its workforce as it moves toward AI-led delivery. The post TCS Headcount Falls by 11,151 Even as AI Workforce Crosses 2,17,000 in Q3 appeared first on Analytics India Magazine .

Heineken CEO Dolf van den Brink steps down as slumping beer sales hurt brewer

Heineken has warned that annual profit would be lower than expected due to weaker growth in beer sales—an industry-wide phenomenon amidst shifting tastes.