Foodpanda Fires 300 Employees
The layoffs in India’s food tech sector are well on their way to continuing onto 2016. After Zomato had fired 10% of its workforce, and TinyOwl had let go of 100 employees which resulted in its cofounder being held hostage in their Pune office for 2 days, Foodpanda has fired around 300 of its staff in India. This represents 10% of its workforce.
Oil Price At 11-year Low; Jobs In Danger In 2016
The price of oil has fallen to its lowest level in 11 years and jobs in the oil sector are threatened. The price of benchmark Brent crude hit a low of $36.05 a barrel on December 28, the lowest since 2004 while US light crude dipped below $34 a barrel to its lowest level in six years. With analysts predicting that 2016 would see further declines, there is worry spreading across the oil sector jobs.
Pre-school Chain Tree House To Merge With Zee Learn
In a significant consolidation in the organised private pre-school education sector, pre-school chain Tree House, will merge with Zee Learn, subject to approval from shareholders and regulatory approval.
2016 To See Hiring Grow By 7%; IT To Lead
Hiring in India is likely to grow only 7% in 2016. Among sectors, IT, telecom and manufacturing would be the biggest employment generators.
Flipkart To Soon Sell Cars And Motorcycles
Flipkart has another addition to the ever-expanding list of items available on its site. Soon, buyers will be able to buy motorcycles and cars from the online retailer.
Infosys To Have Largest Campus In Hyderabad, Will Be Eco-friendly
Indian Software giant Infosys technologies is all set to formally inaugurate have its largest campus in Hyderabad, the twin capital to Andhra Pradesh and newly formed state Telangana.
Microsoft To Set Up Center Of Excellence In Vishakapatnam
Telangana and Andhra Pradesh are slowly cementing their place as the locations of choice for IT firms setting up offices in India. After Google, Amazon and Uber had announced plans of setting up major offices in Hyderabad, Microsoft promised to set up a Centre of Excellence in Visakhapatnam. The company will also work with Telangana government’s startup incubator T-Hub.
Uber Is Doing Marketing Right, Offers Puppies On Demand
Uber is purportedly trying to bring some cheer to your Mondays by rolling out the “Uber Puppies” programme, an initiative in which users can request a 15 minute play time with puppies.
How Technology is Changing the Face of Coupon Industry
Since its inception in the form of small sheets of paper, coupon offerings has changed drastically with the advent of eCommerce and online marketing. There are new ways, through which retailers have started using coupons. Digital coupons now not only serve the purpose of deals and discounts, but helps in increasing customer loyalty and brand building.