Elon Musk’s social media platform, X (formerly Twitter), has faced significant challenges in Brazil due to its failure to comply with local laws. The platform’s suspension and subsequent legal battles have raised…
Tag: delays
Cognizant Delays Annual Salary Hikes Amidst Economic Uncertainties
Cognizant, a prominent IT services firm listed on Nasdaq, has made the decision to delay its annual salary hikes for eligible employees by approximately four months, with the adjustments now scheduled to…
Byju’s delays January salaries for employees amid liquidity concerns
Buckle up for the wild ride that Byju’s, India’s edtech powerhouse, is currently on. In a twist of fate, the company finds itself juggling delayed salaries, a hefty devaluation, and a rebellion…
Exampur delays pay, holds dues to ex-staff for months after UpGrad calls off buyout
In a recent development, Exampur, a test preparation startup, has encountered financial challenges, leading to significant consequences for its employees. Its disclosure, which comes nearly a year after upGrad’s attempted acquisition collapsed,…