Tag: 15000

Daimler intensifies cost cutting, will lay off 15,000 jobs

Daimler is cutting costs with greater intensity now, and is reportedly planning to lay off about 15000 employees. In November last year, the German...

Intel begins layoff, will cut 200 jobs by Jan 31, 2023

Intel, the global chip maker for personal computers, has started to fire employees in California. As per the Worker Adjustment and Retraining Notifications, Intel...

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Accenture promotes 60,000 in India

Accenture, the global professional services company, which specialises in IT services and consulting, has promoted 60,000 employees in India. In total, about 1,57,000 promotions...

Pension bills surpass salary, wages bill of centre & 3 states: CAG report

Expenditure on pension has become an important part of the fixed expenditure for the Central and state governments in recent years, mentions the latest...

Will Britain roll out laws to minimise disruptions during strikes?

With ambulance workers and nurses in England and Wales threatening to go on strike later this month, that is, December 2022, the British prime...

1,100 employees of New York Times stop work

About 1,100 employees of New York Times have gone on strike and stopped work, demanding pay hikes to tackle inflation. Employees, including journalists disappointed at...

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...