Pink Slips

Moneycontrol spoke to 10 people about where they landed after being sacked abruptly and their coping mechanisms through a year of misfortune for startup employees. Names have been changed to protect their identity.

Young Turks: The start-up struggle

India's start-up ecosystem in is a state of flux, Snapdeal is handing out pink slips and many companies are seeing write-downs. What does the future hold? To discuss this, Arun Sarin, Former Global CEO of Vodafone and now an angel investor is here with us.

Flipkart laying off at least 700 employees to cut costs

India's largest e-commerce player Flipkart is sacking at least 700 employees, or over 3 percent of its workforce, as it looks to cut cost to compete with rivals like Amazon and Snapdeal.

TCS allays layoff fears: No pink slips for employees

Year 2014 has been a mixed year for India's largest software company with first half growth rates of 17 percent and cross currency headwinds ahead, TCS is now winding up the year having to battle rumors of layoffs within its massive work force of 300,000 plus.

Non-performers in Infosys may have to leave: NRN Murthy

Infosys Executive Chairman NR Narayana Murthy, who returned last June from retirement to head the firm and put it back on high growth trajectory, said that employees hired at huge salaries, but not performing, be asked to leave.