Tag: Banks

50,000 jobs may be lost at Wells Fargo

In early September, Wells Fargo was said to be planning to cut about 25 per cent of its workforce, that is, at least 50,000...

15% increment for bank staff

Employees of 35 banks, including public-sector banks, certain foreign banks as well as a few very old private banks, will receive a 15 per...

Proposed 3-day bank strike postponed

The three-day bank strike that had been called by the members of the United Forum of Bank Unions (UFBU) in the second week of...

Two-day strike called by bank employees

Banking services may be affected in the country for two days, with many banks, including State Bank of India (SBI), participating in the strike...

Festive bonus for bank staff and Coal India employees

The Indian Banks’ Association (IBA) has ordered that a month’s salary should be credited into the accounts of employees as an advance before Diwali....

Banks attract IT professionals with attractive salaries

With businesses going digital, an IT professional with knowledge of data analytics stands a chance to get a hike of up to 25 per...

Indian banking sector to offer 5000 jobs

The small finance banks in India, including AU, Ujjivan, Utkarsh, Suryoday and ESAF will be expanding their staff by 4000 to 5000 in the...

UOB Singapore deploys robots to perform human tasks

Amy and Eve, the two robots, have helped reduce transaction time by 50 per cent in the wholesale banking and retail businesses.

Google employees  protest against mass layoffs

Google, the tech giant, recently fired approximately 12,000 employees in January, which resulted in protests from workers in both the US coasts. The workers...

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Google employees  protest against mass layoffs

Google, the tech giant, recently fired approximately 12,000 employees in January, which resulted in protests from workers in both the US coasts. The workers...

How ChatGPT can benefit HR

People are raving about the AI chat bot, ChatGPT. Its interactive features and in-depth responses have taken the internet by storm. While the bot...

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...

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...

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...