Tag: 000

Axe falls on 10,000 jobs at Meta

Meta is cutting jobs yet again, after laying off 11,000 members of its workforce in November 2022. In the latest round of job cuts,...

Will Amazon lay off 17,000?

It is true that Amazon had plans to reduce the size of its workforce. However, the number of job cuts may be more than...

Will Air India staff have to pay Rs 95,000 monthly for...

Air India has been directed by the Government to deduct up to Rs 95,000 per month from the salaries of its employees who have...

Cisco is cutting over 4,000 jobs

As part of an attempt at rightsizing some businesses, Cisco, the networking company, has begun the process of job cuts, doing away with about...

Alphabet to fire 10,000 poor performers

Alphabet, the parent company of Google is preparing to reduce its workforce by six per cent. It will let go about 10,000 employees based...

Microsoft lays off about 1,000 employees

Taking into account business priorities, Microsoft has yet again decided to make some structural changes, and how! The tech major has laid off employees...

HCLTech to open tech centre in Brazil, hire 1,000

With plans to launch a new technology centre in Brazil, HCLTech will be offering opportunities to and generating employment for about 1,000 people in...

2,000 to be laid off at Jaguar Land Rover

Jaguar Land Rover is all set to shrink its global workforce by about 2,000 as part of a cost-cutting exercise. Employees have already been...

Capgemini to expand its workforce by 24,000 in 2021

Capgemini is gearing to hire about 24,000 people in 2021. It had hired a similar number last year too. It is looking out for...

Dentsu International to restructure, slash 12.5% of workforce

Dentsu International, the advertising and marketing unit of the Dentsu Group, will lay off about 6,000 employees from its existing workforce of 48,000, as...

Lufthansa to let go 29,000 in 2020, 10,000 in 2021

With no hope of returning to pre-COVID levels of demand for at least another five years, German airline, Lufthansa, has decided to let go...

80% Wipro staff to be promoted by December

Wipro is gearing to give promotions to 80 per cent of its workforce over the next three months, as part of its ‘employee interventions’....

UK’s furlough scheme to end, 7 lakh jobs at risk

Around 700,000 people may be rendered jobless in the UK, as the Government’s furlough programme is about to end in October. As per the...

Amazon India offers flexible work-from-home options

In an attempt to ensure that its customers across the world enjoy a seamless online shopping experience, Amazon India is offering almost 20,000 temporary...

15,000 BEST staff absent from duty get no salary for May

More than 15,000 Brihanmumbai Electricity Supply and Transport (BEST) staffers have received no salary for the month of May in lieu of the days...

Lufthansa to slash 22,000 jobs, strikes bailout deal with German govt

Lufthansa announced its intention to lay off about 22,000 full-time employees, as it sees no hope of demand for travel recovering any time soon,...

Amazon announces 50,000 seasonal jobs in India

While most companies are downsizing due to the impact of the pandemic on businesses, e-commerce company, Amazon India, has offered some hope. It will...

Employees earning less than Rs 30,000 will be paid twice a...

A slew of amazing initiatives for the Reliance industries employee amidst this COVID-19 outbreak proves that humanity does exist. Mukesh Ambani’s Reliance Industries announced that...

Shortage of skilled workers in Germany

Germany is currently grappling with a significant shortage of skilled workers as older employees retire. This demographic shift has resulted in nearly two million...

Latest

“Employees will get to choose their salary structure,” Ravi Mishra

2022 was a volatile year for HR & workforce In many organisations employees did not enjoy reasonable growth, either in salary or career, for almost...

Twitter staff offered stock grants worth $20 bn

Twitter employees are set to receive stock-based grants worth about $20 billion, as reported by Wall Street Journal. However, this is not even 50...

19,000 job cuts at Accenture

Accenture, the IT multinational, has announced that it will be cutting approximately 19,000 jobs, that is, about 2.5 per cent of its workforce.  Julie Sweet,...

Why ‘resenteeism’ is a slow poison

Are you feeling stuck in an awful job? Do you think your career growth is limited? Are you bogged down by your office workload?...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...