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IT companies free of labour laws for 2 years

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1 Sep 2009 Bangalore:With IT firms buffeted by today’s turbulent times, the government has reached out a helping hand. Reciprocating their needs, it has exempted IT/ITES and software establishments from the provisions of Industrial Employment (Standing Orders) Act 1946 (Central Act 20 of 1946). These laws are strict on classifying workers, their working hours and shifts, the wages payable, besides other archaic rules on leave and attendance. Head of HR in Infosys Technologies said, “W...

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HCL to hire 2000 software engineers

New Delhi: Software exporter HCL Technologies has planned to hire 2,000 software engineers in the next 3-4 months to serve the new client base and existing operations across world-wide, according to a top executive of the company. HCL has added a couple of new clients in the past few months which has led to an increase in demand for workfoce, reports The Economic Times. The firm bagged two IT outsourcing services contracts worth $110 million from Texas-based energy companies, Energy Future Holdi...
Published about 29-09-2009 | Rated 0
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Honda to cut 760 jobs in Japan

December 04, 2008:Honda Motor will cut 760 temporary jobs at its domestic plants by the end of January due to weak demand in North America and Europe, a spokesman said today. Honda President Takeo Fukui said there may be more job cuts next year among the number two Japanese automaker`s roughly 4,000 temporary domestic workers. The cuts are the latest in a series of layoffs by Japanese automakers which are reducing global production in response to sharp declines in demand. Honda may have...
Published about 04-12-2008 | Rated 0
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Google to hire more than 6,200 workers this year

Google Inc plans to hire more than 6,200 workers this year in the biggest expansion yet by the Internet`s most profitable company. The hiring spree will likely be welcomed by President Barack Obama, who is expected to emphasize the need for more jobs during his State of the Union address Tuesday night. Google CEO Eric Schmidt was among a group of business leaders who met with Obama last month to discuss ways to bolster the listless economy. But Google`s push to further expand a work force ...
Submitted by Presley | Rated +1
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Oracle lays off several hundred employees

Boston: Trimming work force is becoming a day-to-day affair for technology companies, as they are reeling under the recession. Now, it is reported that Oracle, the third largest software maker in the world has laid off several hundreds of its more than 86,000 employees. According to sources, the company has reduced its force of sales consultants who advise clients on how to integrate its business management software and database programs into their operations. The exact number of employe...
Submitted by Sasmita | Rated 0

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