Press

Press related articles

IBM scaling down India business, MD Vanitha Narayanan to return to US

Content Types: 

A decade after IBM put India at the core of its global strategy for software services, by building an army of engineers, the company is shedding staff, scaling down investments and even shuffling the top leadership in the country. Already, from around 1.65 lakh employees on its payroll by 2011, IBM's India headcount has now fallen to around 1.13 lakh and set to slide to 1 lakh by March 2015, according to people familiar with the company's plans.

Pay techie Rs 12.5 lakh for sacking her, Karnataka labour department orders US-based firm

Content Types: 

​In a landmark case, a US-based IT firm has been asked to compensate a techie employed at its C V Raman Nagar office in Bengaluru for illegally terminating her services without providing valid reasons and for causing harassment. The labour department, which heard the case, has directed the company to shell out Rs 12.5 lakh. The 27-year-old techie, a native of Delhi, had challenged the decision of the company by first approaching the state women's commission and then the labour department.