Tag: acquisition
Gi Group Holding’s acquisition of Kelly’s European staffing business completed
To add to Gi Group Holding’s growth strategy and efforts to expand in eleven countries, the company has acquired the European staffing business of...
CIEL Group advances towards IPO; acquires Aargee Staffing Services
CIEL Group, an HR solutions provider, has acquired the entire equity stake of Aargee Staffing Services, an IT staffing company. The acquisition is expected...
ETS acquires Wheebox, the talent measurement & assessment firm
Wheebox, the fully-owned subsidiary of human resource tech firm, PeopleStrong, has been acquired by ETS, an independent nonprofit organisation that helps learners access opportunities...
Nextiva to expand India team by 100 members
Nextiva, a connected communications firm is looking to expand its 100-strong India team by another 100. The Arizona-based firm had acquired Simplify360 and entered...
UBS to axe 3,000 jobs following 100% absorption of Credit Suisse,...
After finalising the merger of Credit Suisse into UBS, the latter recently revealed that it was going to completely absorb Credit Suisse's 100 year...
Closure of Houston office of Credit Suisse will lead to job...
Credit Suisse was bought over by the UBS Group in June. Post this acquisition, UBS had revealed its intention to reduce headcount in the...
UBS to axe 50% of Credit Suisse workforce post emergency takeover
The first of three rounds of layoffs will see some employees of Credit Suisse in London, New York and parts of Asia losing their...
Has Oracle axed hundreds of jobs, withdrawn offers?
Oracle, the American multinational software company, has axed hundreds of jobs in its health unit. It has also withdrawn several job offers and cut...
3000 laid off at Oracle-acquired Cerner
It has hardly been a year since cloud company, Oracle, acquired Cerner, the electronic healthcare records firm, and already 3,000 employees have been laid...
Zoom acquires Workvivo for its customers
Zoom has announced that it will acquire Workvivo, which will provide its customers with new and innovative ways to keep employees informed, engaged, and...
Malaysia-based TROOPERS acquired by BetterPlace
BetterPlace, a SaaS platform for managing frontline workforces, has acquired TROOPERS, a Malaysian flexi talent solutions technology company, which is the company's second significant...
Will sale of Credit Suisse to UBS affect staff in India?
The global finance crisis in the banking sector has caught up with Credit Suisse too. The Bank was sold to UBS in a deal...
Citigroup axes jobs in investment banking, mortgage units
Citigroup Inc. is axing hundreds of jobs, primarily impacting the investment banking and mortgage units. This round of job cuts will hardly affect one...
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...
More jobs to be axed at Twitter?
Only last week Twitter had made headlines when many employees had quit the social-media company in response to Elon Musk’s ‘ultimatum’.
Musk had said that...
Are Twitter employees overworked?
A picture of a Twitter employee sleeping in a sleeping bag on the floor of the office has gone viral, suggesting that Twitter staff...
“Reckless layoff will intimidate staff, affect users”: Twitter employees to Musk
In an open letter, some employees at Twitter have communicated to Elson Musk that it will be very “reckless” of him to lay off...
Twitter to restructure business, no company-wide layoff planned
Twitter employees have been really worried about their future, what with Elon Musk, CEO, Tesla, first announcing his intention to take over, his keenness...
‘Don’t comment on Musk deal on social media’: Twitter directs employees
After Elon Musk’s legal team conveyed to the US securities that they would want to opt out of the $44 billion deal of acquiring...
‘WFH only for exceptional staff’: Musk to Twitter employees
The much publicised virtual meeting wherein Elon Musk, CEO, addressed the employees of Twitter, took place on 16 June, 2022. During the meeting, Musk...
Elon Musk’s first interaction with Twitter staff on 16 June
Elon Musk, CEO, Tesla, will address the employees of Twitter for the first time since his bid to acquire the social-media company earlier this...
Reebok to lay off 150 ahead of acquisition by ABG
Boston-based brand, Reebok is being sold to Authentic Brands Group (ABG) after years of existence under the German sportswear giant, Adidas. While Reebok is...
Unacademy acquires professional networking and future-of-work platform, TapChief
Unacademy, the Indian learning platform has acquired TapChief, the professional networking and future-of-work platform. As part of the deal, Unacademy will acquire a majority...
Wipro signs $700 million acquisition deal with Metro AG
In a $700 million IT partnership deal, Wipro has acquired German multinational company, Metro AG. As a result, around 1,300 employees from the company...
Workplace communication platform, Slack, to be acquired by Salesforce
Cloud-based software company, Salesforce, is all set to acquire workplace messaging app Slack, as part of its efforts at business expansion. Slack is an...
Churchill II to merge with Skillsoft and acquire Global Knowledge
Churchill Capital Corp II will merge with Skillsoft, as per an agreement entered into by the two parties. The transaction is valued at about...
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel: Journey through excellence in talent acquisition
Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...
Toshiba to let go 5000 in Japan
Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...
Latest
Google CEO urges respectful disagreement as protests erupt
The past few days have seen internal tensions rise at Google. Employee protests against the company’s business dealings with Israel resulted in nine arrests...
Arun Kumar Singh has joined Shriram General Insurance as head-HR
Arun Kumar Singh has been appointed head-human resources, Shriram General Insurance. Earlier, he was general manager-HR/IR/admin, Vinayak Jewels, since 2022.
Singh has spent over nine...
Navendu Shekhar named head HR at India Today
After serving as director-HR (business, strategy and corporate functions) at Cashree Payments for well over two and a half years, Navendu Shekhar has joined...
TCS to open delivery centre in Brazil, create 1600 jobs
Tata Consultancy Services (TCS) is gearing to establish a new delivery centre in Brazil’s Londrina. The area is already familiar with the presence of...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
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....
