Tag: 1% of global workforce

Amazon to lay off 10,000 amidst increasing losses

That recession is looming large is quite certain now as there are reports of Amazon planning to ask about 10,000 of its employees to...

Intel implements pay cuts; CEO to take 25% cut

It hasn’t been long since Intel announced the layoff of about 340 people in California. And now, it is reportedly resorting to pay cuts....

Latest

SAP, Hasbro, Sirion Labs, Tier lay off employees

SAP SAP announced on Thursday that it will be cutting 2.5 per cent of its worldwide workforce. The decision has been taken as a step...

Prosus and its parent company join layoff spree

Dutch technology investor Prosus and it's South African parent company, Naspers, has announced that they will be cutting up to 30 per cent of...

15,000 outsourced workers strike in Karnataka for job security & direct pay

Approximately 15,000 outsourced workers in Karnataka, mainly consisting of sanitation workers, will go on strike starting February 01.  The workers are demanding direct payment and...

Air India deducts salary of employees for not vacating staff quarters

Air India began deducting the pay of employees who have not left their company-provided housing in Vasant Vihar, Delhi and the Air India Colony...

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...