Indian IT Firms Push for Office Return as Client Demand and Global Crisis Impact Tech Spending Several prominent Indian IT companies, including Wipro, Capgemini, and LTIMindtree, are actively encouraging their employees to return to the office, with some advocating for a full return while others propose at least 50% of the working days in a …
Qualtrics Initiates Workforce Reduction to Streamline Operations and Control Costs Qualtrics, the experience-management software company co-headquartered in Provo, Utah, and Seattle, has announced a strategic move to reduce its workforce by approximately 14%. This decision is part of a broader effort to streamline operations, optimize efficiency, and control costs within the organization. The move comes …
Zolostays Cofounder Akhil Sikri Departs, Ventures into a New Entrepreneurial Chapter Akhil Sikri, one of the cofounders of Zolostays, a Bengaluru-based co-living startup, has bid farewell to the company to embark on a fresh entrepreneurial journey. His departure from the company was officially marked on March 31, 2023, signifying the end of an era for …
Mumbai Edtech Startup Testbook Records 2.7X Surge in Losses for FY 2023 Testbook, a Mumbai-based edtech startup specializing in government job test preparation, has reported a substantial increase in its losses, amounting to 2.7 times the figure from the previous year. The financial year ending on March 31, 2023, saw the startup’s net loss surge …
Quest Global Ventures into Telecom Sector Amidst Rapid Technological Transformations Quest Global, a renowned player in the field of engineering and digital solutions, has made a strategic move into the Telecom sector, expanding its footprint in the ever-evolving technology landscape. This announcement comes at a crucial juncture when the Telecom industry is undergoing swift and …