Cognizant Layoffs Employees| Mass Layoffs| Hiring Freeze
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- Опубліковано 6 жов 2024
- In this video we are going to answer how and why Cognizant did layoff in 2022?
Which companies did layoff in 2022?
are testing jobs decreasing in India?
Has Recession started in 2022?
Why are we not getting selected for Job?
Reasons behind getting testing jobs, future of automation testing
#HiringFreeze #rdautomationlearning #recession2022
1. Layoffs at Netflix, Googele, Microsoft, Meta, Apple, Recession
2. IPO vs MNCs
3. Indian IT industry - impact
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1. Lido Learning
Laid Off - 200 Employees
The creator of Lido Learning, Sahil Sheth, notified the staff that the company wouldn’t be able to pay their salary due to financial issues. In addition, some employees were even told to hunt for new employment.
2. Microsoft
Laid Off - 1800 Employees
Microsoft, however, added its name to the list of significant businesses laying off staff when the corporation disclosed that it would be doing so as part of a “realignment.” It’s also vital to remember that Microsoft is the first major tech company to fire workers. According to estimates dated July 13, 2022, the Microsoft layoffs will affect 1% of its 1,80,000-person staff across all of its offices and products.
Along with the announcement of Microsoft laying off, the news of the slowdown of Microsoft hiring in the Windows, Teams, and Office groups has also surfaced.
3. Netflix
Laid Off - 300 Employees
One of the reasons for Netflix’s slower income growth is that it has recently lost over 2 lakh customers and is reportedly losing more. In May, Netflix again laid off 300 employees reason for which was cost-cutting.
4. Twitter
Laid off - 100 Employees
According to the story from July 7, 2022, the company, which employs more than 7000 people, would be letting go of about 100 workers.
5. BlueStacks
Laid Off - 60+ employees
The company has experienced tremendous growth thanks to the enormous demand for Android smartphones. 60 Indian employees of this well-known Android emulator platform have been let off, according to news from July 20, 2022. On July 18, 2022, BlueStacks used video conferences to warn the bulk of its staff that their services would no longer be required.
6. Unacademy
Laid Off - 600 Employees
This year, one of India’s largest EdTech companies startled everyone by deciding to fire 600 people or 10% of their staff. In April, it was a last-minute choice. According to the layoff justification, the workers’ performances weren’t up to par.
7. Vedantu
Laid Off - 624 Employees
Yes, another well-known Edtech company, Vedantu, has let many staff leave. They fired 424 full-time and contractual staff in only one month. Before that, 200 of its employees were let go this year. According to Vedantu, this is being done to extend their capital runway. Additionally, it is said that the closure of schools and the return of traditional classroom instruction are to blame for the layoffs at Edtech companies.
8. Cars24
Laid Off - 600 Employees
Over 600 workers from Cars24, or 6% of their workforce, bid goodbye to the company. The fired individuals included workers from various departments and positions. The corporation has just said that the layoff is based on employee performance without offering any other explanation. If staff are not giving their all, they are fired every year.
9. Meesho
Laid Off - 150 Employees
Meesho abruptly and unexpectedly sacked 150 workers from the company’s supermarket division in April
10. 10. Better.Com
Laid Off - 3000 Employees
Better.com’s layoffs are likely the most contentious to date. The business has been under fire since firing over 900 employees over a single Zoom conversation last year. They have let approximately 3000 of its staff go this year alone. The corporation claims that the employees’ performance led to the layoff. They have claimed that the employees are let go due to their poor performance and low production levels. Nearly half of the company’s personnel have been let go since December 2021.
12. Byju's
Laid Off - 2500
Byju’s, the largest Edtech company in India, made a snap decision to fire 2500 workers. Even after being valued at over $21 billion, the unicorn decided to fire its staff.
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#cognizantlayoffs
Aap clases leteho kya sir plz replya kijiye
It's nothing much about the background check. The background check is just a name but the reality is cost cutting. Because of recession these companies don't have much project in hand. So this laying off is happening. If the background check is the actual reason then why don't they verify it on time . Generally the candidate get the appointment letter when he cleared the technical interview, hr round and background check. Thease MNCs are playing with the employee just to save their cost.
True
Most of the fake candidates taken proxy and cleared they need to fire all fake candidates in IT companies
True
Your point is Right..they Need only reason to Fire.. We gave them a reason .
@@kareer4genz they won't be able to join cognizant again...they can join other companies
BG check shld be done before joining... It's just hire n fire for cost cutting.
I denied joining and picked another company. Thank God 😊
Public are paying tax ..and political people are doing moonlighting..
0 layoffs is indian politics
Highly irrelevant ranting !
RD Automation ,
Which type of Problems Condidate have to face after Firing ?
Please make Video on it.
It’s good that they are at least checking this fake certificate issue. It’s happening vigorously in our country.
I don't under the concept of Moonlighting. Company can ask employee to work on two projects at a time in there own company but if the employee is working on one project of there company and one of another company they have issues with it.
Its like working for 2 companies at the same time....while working from home.
Do not encourage fake experience pls
Bro what do you think we people know nothing 🤣🤣 this is nothing about docs verification its just about the profitability game which is hampering due to recession that is knocking at their door so they are FIRING in short without any valid reason so don't make jalebi of this.
Nothing just a news . Ignore it and Fake it until you make it .don't miss the opportunity to get the job in IT let's crack it get the positive data and work upon it .
informative video... thanks
They are hiring some technologies ..also
It's not layoff .. it's just rooting out fake people which ideally all companies should have done
Background check? 🤣 It's the same with almost every MNC that reaches upto a certain point of profit, then lay offs. After that, it is what it is. Profit margin, the existence of businesses.
What will happen after fired. They will block listed? They can't join tier 2 company again?
They backlist only in cognizant,but can join any company
Nothing will happen.
Try and join ,then you will understand the impact of getting fired ! In such a situation ,speak to the HR and try for resignation acceptance !
Hiring freeze ni hui h faltu baat kr rhe hain cognizant 3 din pehle call Kiya tha mujhe hiring k lye python kya pl SQL tk k lye hiring kr rhi h cognizant
Please tell me how to get job with get without fake experience?
Bro .. if you have completed your engineering.. then do a CDAC course of 6 month ..you'll get good technical knowledge with placement in good company
There are many jobs in data science,devops.learn those new technologies
@@pravinaru2790 yes cdac is a good and valid option
Sir my daughter applied cognisant till now she has not rec'd any communication what was d reason sir
Will they provide experience certificate for those who found fake experience I have this doubt for long time
yes they will provide. if it is cool talk with them.even if you worked for one month also they will give one month experience letter (one of my frnd joined in tcs within 1 month he caught there. hr said to keep resignation on same day after they provided experience letter)
@@nanistar2400 thanks for the clarity
@@nanistar2400 means 1 and half years or one and half month
Sometimes they will provide obsconded in experience it's based on luck.
If caught in BGV, no Experience and Relieving letter
Is hiring freezed or will it freeze in future for cognizant or any other Indian IT companies
Things will be settled after June 2023
With Fake certificates ?😄
It will be more worse after June 2023
@@EmperorMagnon why & How ?
Sir, Hiring got freeze do u have any idea about this?
Yes
It's good that unwanted,lazy and underperforming employees are fired! What is the use of keeping junk in their roles and pay them fat salaries ? Also ,allowing female workers1 year long pregnency leave is not good business practice as per some top management personnel in CTS ! For the first child it maybe justified!But for subsequent childbirth ,this 1 year long paid holiday goes a bit too far !
which pakora call Centre you are working for?
They will layoff whomsoever they want under false allegation of fake documents...
Thanks sir
Will they provide experience letter to them who have laid off from their company?
They are not provide any experience certificate they will gave only salary per that month and releving letter only .
Hi Sir I have one issue,
I got selected in TCS and I worked in an irrelevant factory years ago for 2 months but now I don't have a relieving letter.. they created a UAN member I'd, but in my current company I have 2 years experience, but in TCS, they are asking me relieving letter what to, I can't get relieving letter now.
Write an proper email to bgv team, and ask them to verify only 2 years of IT exp. Even though if they ask reliving letter of past non IT company you need to submit no option for u.
@@SMD_Azhar How can I submit if I don't have it, I talked with first exployer they said they don't my data so they can't provide anything about it.
Situation
Sir aap class bhi lete ho manual testing ke
S
Bahane baji hai sab ..doc. ka naam lekar asli reason ye bahana hai nikal ne ka .. company badnaam na ho isliye ...HR ko bhi nikalo agar ye reason hai toh
Mere pehchaan ke 36 years old person hai 3 years ka fake experience hai cognizant main working hai
Is he still working there?
Old news
When chaman become youtuber
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