Tag: acquisition

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...

CBSI India and staff to now operate as part of FirstMeridian

FirstMeridian, the HR platform, has announced 100 per cent acquisition of technology company, CBSI India. The information technology (IT) staffing business and its employees...

ByteDance freezes hiring, reassigns senior roles in India

ByteDance, the parent company of TikTok, has put a stop to hiring and is trying to reallocate roles of senior managers in its India...

Willis Towers Watson faces lawsuits for misleading shareholders

The acquisition of Willis Towers Watson by Aon has been making headlines for all the wrong reasons. The former is facing a minimum of...

PeopleStrong acquires performance management SaaS firm Qilo

PeopleStrong, an HR technology company has acquired Qilo – a SaaS based performance management product that enables CXOs to drive business outcomes and create...

Edtech firms in India surging ahead

With the online education sector reported to have the potential to touch $1.96 billion in the next two years, online education technology startup, Springboard,...

Mahindra & Mahindra will control the composition of board of directors...

Indian multinational car manufacturing company, Mahindra & Mahindra (M&M), will be acquiring 55 per cent stake in Meru Travel. As per the agreement, post...

Tech based HCM Alight Solutions acquires NGA-HR

Alight Solutions, technology-enabled health, wealth and human capital management (HCM) and financial management solutions, has signed an agreement to acquire NGA Human Resources, a...

AdiGroup and Jet Airways employee consortium to bid for 75% of...

The Jet Airways employee consortium and the London-based AdiGroup have joined hands to bid for the acquisition of 75 per cent of the grounded...

HCL acquihires 2000 IBM employees

It is common for acquisitions to generally render many people jobless. However, the IBM – HCL deal was of a different kind. In December...

TCS looking for more acquisitions to widen market reach

After having successfully acquired and integrated W12 and BridgePoint Group in 2018, TCS continues to constantly watch the start-ups that have come up in...

Xoxoday SaaS commerce platform acquires FamousEnuf

Xoxoday, a SaaS commerce platform that facilitates managers build happy teams and ensure team engagement, has acquired FamousEnuf, which is an activation engine that...

HCL Technologies will buy seven IBM software businesses for $1.8 billion

Indian IT services company, HCL Technologies, will acquire seven of IBM’s businesses at the cost of $1.8 billion. The selected businesses are focused on...

LinkedIn acquires Glint, to offer better, insightful and actionable feedback

Microsoft-owned LinkedIn — the web- and mobile-based business and employment-oriented service — has announced its acquisition of Glint, which is a California-based organisation that...

Irregular salary disbursement at Usha Martin causes worker discontent

Usha Martin’s (UML) Engineering Labour Union has expressed dissatisfaction over irregular and delayed disbursement of salaries. The unhappy workers who claim their salaries have...

Mercer acquires talent-assessment firm Mettl

Mercer, a global consulting company has acquired the Gurgaon-based talent assessment company, Mettl. Mettl, founded by Tonmoy Shingal and Ketan Kapoor, has been around for...

PeopleStrong acquires Qustn Technologies

Capabiliti’s mobile first learning will be integrated with PeopleStrong’s Alt platform to be offered to PeopleStrong customers globally.

Ways to survive sudden layoff, when company shuts shop

Finding a job in a dismal scenario while holding on to your market value, is a tough task. Here’s what one should keep in mind as the job hunt begins.

Twitter acquires real-time performance management tool Peer

Peer is modelled around what works in other feedback systems, using the context of meetings to prompt for timely, continuous feedback.

LinkedIn acquires recruitment startup, Connectifier

The two-year old startup with a search technology that draws on artificial intelligence, has a search index containing profiles of over 400 million jobs.

Accenture Acquires CRMWaypoint

Acquisition increases ability to service clients with Salesforce cloud solutions for sales, service and marketing.

Thinkcell acquires Testfunda.com

Investing 30 crores over the next 2 years in its 4 new verticals - GATEFORUM, YUKTI, Logiquest, Testfunda.com

Korn Ferry completes acquisition of Hay Group

The combination of the two firms unites nearly 7,000 talented professionals geared to help leaders, organisations and societies succeed by releasing the full power and potential of people.

Mercer to acquire HR Business Solutions

HRBS is a dominant player in the compensation and benefits space for inbound multinationals and has established market leadership in the luxury goods, retail and apparel-sourcing sectors across Asia.

Korn Ferry to acquire Hay Group

With this acquisition, the organisational advisory firm will have an edge over rivals in attracting top talent and designing compensation and reward incentives.  

KPMG concludes acquisition of Towers Watson’s HR delivery practice

The deal will add tremendous value to KPMG's People & Change practice.

Everstone Capital acquires Aon Hewitt’s APAC payroll business

Excelity Global offers a wide variety of services in payroll processing and human resources management, across the Asia Pacific.

ExxonMobil hikes pay for CEO, CFO, senior VPs

Exxon Mobil Corp XOM.N has decided to raise the base salaries — that make up 10 per cent of overall compensation — of its...

Latest

The blue collared industry has maximum job seekers in 18-30 age group: Report

According to data shared by a blue-collar recruitment platform, top metropolitan cities like Mumbai and Delhi account for 4.15% and 0.49% people, applying for...

PepsiCo to lay off hundreds, for operational efficiency

Hundreds of staff members at PepsiCo’s beverage, snacks and packaged-food businesses in North America may lose their jobs as the Company plans to cut...

Swiggy employees in Kochi continue strike demanding better pay

Employees of Swiggy, the food-delivery app, have been on a long strike in Kochi, Kerala, demanding better pay, amongst other things. Presently being paid at...

Change of guard at P&G

Procter & Gamble has announced the elevation of Bala Purushothaman to global CHRO. He will be stepping into the shoes of Tracey Grabowski who...

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...