Tag: American multinationa

Exxon Mobil to slash 1,900 jobs in the US, 14,000 globally

Amidst the drop in demand and pandemic-induced crisis, Exxon Mobil is planning to let go one fourth of its workforce in the US. This...

Additional fines for violating worker safety regulations: Amazon

The U.S. Occupational Safety and Health Administration (OSHA) has issued citations to three Amazon warehouses for hazardous working conditions leading to serious worker injuries. Inspectors...

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Will global companies offshore cheap labour amidst a slowing economy?

With uncertainty around  economic conditions mounting with each passing day and markets slowing down, globally, companies are experiencing a dip in revenues. Naturally, this...

Did Elon Musk give away laptops to ex-employees?

In  recent months, Twitter has been undergoing frequent changes and updates, causing some instability. In the midst of this, Individuals who were laid off...

Chinese crane manufacturer distributes Rs 70 crore as bonus

A Chinese company sparked controversy by piling up 61 million yuan (around $9 million) in banknotes on a stage and giving it to employees...

EPFO may amend pension scheme

The Ministry of Labour and the Employees’ Provident Fund Organisation (EPFO) are planning to re-examine the Employee Pension Scheme (EPS) so that it becomes...

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...