Apr 21, 2017 at 21:09 | Source: PTI
For the second quarter in a row, there was a massive drop in HDFC Bank's headcount that came down by over 6,000 to 84,325 owing to increased digitalisation in the March quarter and it expects the trend to continue.
Feb 26, 2017 at 15:00 | Source: PTI
UK-based banking major HSBC saw its India headcount rise by 4,000 people to reach 37,000 last year even as its worldwide workforce got trimmed by nearly 23,000 persons.
Feb 16, 2017 at 19:56 | Source: PTI
"We will be touching 1 lakh in a few weeks' time...we are at 98,800 employees right now and we shall touch 1 lakh by April-end," Capgemini India Chief Executive Srinivas Kandula told PTI.
Feb 14, 2017 at 12:44 | Source: Reuters
Zurich-based Credit Suisse also said it will cut its headcount by a net 5,500 jobs in 2017 after 7,250 layoffs in 2016, as it works towards its 2018 cost-cutting target. The bank did not specify where the extra cuts would be.
Feb 10, 2017 at 08:24 | Source: Reuters
Instead of seeking cost-cutting solutions with the works council, VW's brand management aims to lower headcount in ways which violate consensus-based decision making, the letter said.
Jan 26, 2017 at 17:08 | Source: PTI
The bank, which reported its slowest profit growth ever at 15 percent for the December quarter, attributed the fall in headcount to efficiencies and lower hiring.
Jan 16, 2017 at 18:30 | Source: PTI
More than a quarter of employers in India are expected to reduce their headcount on account of automation, which is expected to impact majority of companies worldwide, says a report.
Nov 28, 2016 at 17:56 | Source: Reuters
Standard Chartered is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter said on Monday, as the bank steps up an aggressive drive to cut costs.
Nov 18, 2016 at 08:48 | Source: PTI
"Currently, its staff in India accounts for 3,500 people which has risen from a 700-strong headcount five years back. Next year we plan to recruit another 1,000," MD and CEO of Mercedes Benz Research and Development India (MBRDI), Manu Saale said.
Aug 07, 2016 at 12:40 | Source: PTI
Uber, which counts India as its third largest market in terms of number of trips after the US and China, currently has about 350 people at its Hyderabad facility handling rider and driver support.
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Sources Say CNBC-TV18 Exclusive : US Cos With Signficant Headcount On H1-B Visas Also Under Scanner

11.30 AM Apr 27th


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HDFC Bank headcount falls for second quarter, down by 6,100 in Q4.

10.14 PM Apr 22nd


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We talk about job creation and HDFC Bank headcount falls for 2nd quarter, down by 6,100 in Q4.

11.21 PM Apr 21st


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March 31, net profit declined 24.2 per cent to Rs. 418.6 crore, while revenue was up 12.1 per cent to Rs. 5,236.4 crore as against the previous fiscal. The company had 328 active clients as of March 31. Its total headcount stood at 16,470 at the end of the said quarter. The trailing 12 months attrition

6.45 PM Apr 20th


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HOV Services  

On Global Management, two of whom will be nominated by Apollo, and three of whom will be independent directors. --------------- Exela expects to achieve at least $37.5 million of cost savings in its first three to nine months. Roughly $23.7 million of the savings is expected to come from headcount

12.48 PM Apr 17th

Laurel Advisory

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The problems faced by SAIL are unlikely to go quickly .. .. Firing employess is not easy & that is the only solution for SAIl, to reduce headcount by 60-75% .. It`s not sailing, it`s sinking at has detailed

12.38 PM Mar 23rd


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five years. the reaons is they will have to double the headcount(staff) in four years which means hire 30% more every yearsd (net of 12% attrition)-theoretically possible but practically impossible. land and building cost will be very high ,plus logisitcs and admin cost will go up. there is no proff

1.48 PM Mar 10th


New Member


WABCO India  

and engineering capabilities. in the short term, there will some hiccups but our focus is long term. we want to make india a centre of excellence for engineering and manufacturing. we have steadily increased our manufacturing footprint, and on the engineering side we have almost doubled the headcount

12.22 PM Jan 20th


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NIIT Tech  

head-count at the end of the quarter stood at 8,809 and attrition rate was 12.6%.

1.11 PM Jan 18th

Wire News

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News Now  

More than a quarter of employers in India are expected to reduce their headcount on account of automation, which is expected to impact majority of companies worldwide, says a report.

6.30 PM Jan 16th

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Mar 03, 2017 at 21:47 | Source: FirstPost
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