Widespread Layoffs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Post Staff Democratic Congresswoman Barbara Lee and several other Congressional Black Caucus members have written a letter to Julie Su, the acting secretary of the U.S. Department of Labor, addressing the disproportionate layoffs of Black tech employees. “We write to express our concerns with recent reports highlighting the impacts of widespread layoffs within the tech industry and its

Refuting reports that the company has fired 300 executives in its automotive and farm equipment sectors, M&M in a regulatory filing said

Updated Mar 11, 2021 | 13:40 IST Automaker Mahindra and Mahindra posted a robust financial results in the December quarter and hiked salaries across the board and paid out full performance pay. Mahindra and Mahindra clears air on layoffs, says no pay cuts at any levels.  |  Photo Credit: BCCL New Delhi: Auto major Mahindra and Mahindra (M&M) has issued a statement refuting the recent media reports about cutting jobs of around 300 senior-level executives, saying that it has let go 48 staff in the last one year due to redundancies while another 98 have been gi...

Refuting reports that the company has fired 300 executives in its automotive and farm equipment sectors, M&M in a regulatory filing said during the pandemic it has taken "series of actions consistent with our core values and strong focus on associates. There were minimal separations...and no widespread layoffs".