Tag: 25%

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....

Top performers of Infosys get 20-25% increment

A significant number of employees at Infosys received an increment of 10 to 13 per cent, while the top performers received an increment of...

Severance package costs $640 million for 18000 laid off amazon employees

Last month, Amazon laid off over 18,000 employees and, as a result, the company incurred a cost of $640 million in severance packages in...

Latest

Mass Layoffs: The blame game between HR & business heads

The recent mass layoffs across industries that have taken the labour market by storm are a cause of concern. Not only have they added...

Bangladesh Government to review salary for garment workers

The Bangladesh government is preparing to evaluate the minimum monthly salary for garment workers. The Department of Labour, under the Ministry of Labour and...

Niren Srivastava appointed group CHRO, Motilal Oswal Financial Services

Having begun his professional journey with Bajaj Allianz Life Insurance in 2005, as deputy manager – HR, Niren Srivastava spent two years there before...

Raj Raghavan joins CoreStack as CHRO

A seasoned HR professional, who has led HR for companies such as Indigo, Amazon and GE, Raj Raghavan has now joined CoreStack, the next-gen...

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...