Tag: budget 2018

How the Union budget will impact people’s salary, savings and new...

The finance minister proposes to allow a standard deduction of Rs. 40,000/- in lieu of the present exemption in respect of transport allowance and reimbursement of miscellaneous medical expenses

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...

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‘Revise wages periodically in public interest’: SC to public employers

According to the Supreme Court, State and public employers are obliged to revise wages for their employees periodically, considering the adverse effects of price...

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...

Oman’s labour ministry takes action against private sector company

The Ministry of Labour, through its subsidiary the Directorate General of Labour in Al-Dhahirah Governorate, has taken decisive action against a private sector company...

OLX, Intel, Impossible Foods, and Philips layoff globally

Intel is cutting 340 jobs at its Folsom, California campus, as informed to state and local officials.   The layoff is announced due to a ‘challenging...

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...