 | Wrong to assume that sacked H-1B staffers have to leave America within 60 days: USCIS directorThe H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. |
 | Global IT services firm Accenture slashes 19,000 jobsThe company's workforce, the majority of which serves clients, increased to approximately 7,38,000 as of February 28, 2023, compared to 6,99,000 a year ago. It employs 3 lakh people in India. |
 | India Inc bosses to get 9.1 per cent pay hike, average CEO compensation now Rs 8.4 croreWithin Pay at Risk, the component of long-term incentive has increased to 40 per cent of the total compensation as of now, up from 26 per cent in 2015-16. |
 | Philips cuts 6,000 more jobs after sleep device recallChief Executive Roy Jakobs announced the "difficult, but necessary further reduction of our workforce" by 2025, which comes just three months after it announced another 4,000 cuts. |
 | Demand for non-tech jobs grew during December 2022: ReportThe report further revealed that Bengaluru tops the list of cities in job postings, occupying 16.5 per cent of the total share. |
 | German software giant SAP to cut 3,000 jobsThe move follows similar cuts announced by tech giants Meta, Amazon, Google, IBM and Microsoft as the once-unassailable sector girds for an economic downturn. |
 | Layoffs do not mean the end, some respite in the pictureOver three lakh employees have been laid off globally, mainly in the USA. It is estimated that about 40% of them are Indians. |
 | All you need to know about big tech's 'job-slashing' waveAmid fears of recession and stuttering growth, a slew of job cuts has engulfed the world's largest tech firms since 2022 and continues well into the new year. |
 | Google's parent Alphabet to fire 12,000 employees; Pichai says 'sorry'The year 2023 has begun on a bad note for tech workers globally as 91 companies have laid off more than 24,000 tech employees in the first 15 days this month, signalling worse days ahead. |
 | Microsoft to axe 10,000 employees globally over poor economyIt is not yet clear how many Indian employees will be impacted by this reduction. Microsoft, which set up its India operations in 1990, employs over 20,000 people across 11 cities. |
 | 'T' for tech, 'T' for tumult: Massive job layoffs in tech world in 2022Thousands of careers and livelihoods are being wiped out in the pink-slip wave sweeping the tech world. Has the tech bubble burst? |
