Tag: ByteDance

TikTok restructures globally, lays off staff

TikTok has not only fired some of its staff in the US, but also told some in Britain and Europe that their employment is...

ByteDance lays off people as part of restructuring

Chinese multinational internet technology company, ByteDance, is going through a major restructuring process. As part of the exercise, it is laying off people in...

TikTok to close India business, large-scale layoffs expected

With restrictions on its services still in place, Bytedance, which owns TikTok, has decided to close its business in India. Along with 58 other...

China-based ByteDance recruiting for its AI drug-discovery team

Tik Tok's parent company, ByteDance, is diversifying into the health industry. It will start hiring for its AI drug discovery team. At least five...

Bonuses for ByteDance employees in India, amidst pandemic and TikTok ban

Beijing-based Chinese internet technology company, ByteDance, has announced cash bonuses to all its eligible staff, which is good news for its 2,000 strong workforce...

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...

UC Web winds up in India, lays off 90% staff

UC Web, subsidiary of the China-based multinational firm, Alibaba Group, has suspended its India operations. It has asked 90 per cent of its workforce...

Will Britain roll out laws to minimise disruptions during strikes?

With ambulance workers and nurses in England and Wales threatening to go on strike later this month, that is, December 2022, the British prime...

Latest

Teachmint lays off 5% of its workforce

Teachmint, an Indian edtech startup has decided to lay off 45 employees, that is, about five per cent of its total workforce. Without disclosing...

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...

UK to make flexibility at work a right for employees

The UK government is planning to make changes to its labour and employment arrangements. One of the major changes, which is likely to happen,...

How India Inc. Plans its HR Budget

For decades, the HR budget was mainly about salary and wages.However, with the evolution of the workplace, HR budgets are also becoming more exhaustive. This...

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...