Tag: cash crunch

Byju’s founder takes loan to pay pending salaries of employees

The cash crunch at Byju’s, the Indian edtech startup seems to be continuing. Latest media reports say that Byju Raveendran, founder of the firm,...

Dunzo, facing a cash crunch, has delayed salary payments 

Dunzo, the quick-commerce player, is facing a severe cash crunch and has been struggling to meet its salary obligations. The company recently informed senior...

‘Low funds? Disburse them equally across cadres’: Delhi HC to MCDs

The Delhi High Court has asked the municipal corporations to devise a policy, wherein its funds may be used to disburse salaries across all...

Real estate sector expected to witness heavy job loss

Over half a million direct jobs are expected to be lost in the real estate space in the near future, according to the National...

Senior Jet Airways employees to receive 25 per cent of Sept...

Jet Airways, which is facing the worst financial crisis ever, will pay 25 per cent of the September salary to its senior managers, pilots...

Jet Airways offers flight attendants ‘leave without pay’ instead of salary

Following delays in salary disbursement, now the flight attendants of Jet Airways have been given the option of taking 'leave without pay' for up...

SMEs should be cautious while using AI for L&D

As small and medium enterprises (SMEs) increasingly embrace artificial intelligence (AI) for learning and development initiatives, it becomes imperative to carefully navigate the landscape...

What’re the HR software for small businesses, SMEs and startups?

Human resources (HR) software have come to be indispensable tools for businesses of all sizes, including small businesses, SMEs (small and medium-sized enterprises) and...

PARTNER POSTS

Future of talent acquisition in the age of generative AI

If you've been feeling a bit overwhelmed by the buzz surrounding generative AI, you're not alone. Let us face it, our industry is evolving,...

Innovation in insurance recruitment: Tata AIA’s journey towards high volume, top talent acquisition

Tata AIA Life is a joint venture between Tata Sons Pvt. Ltd and AIA Group. The venture merges Tata's leadership in India with AIA's...

Nio plans more job cuts for more efficiency, cost saving

Nio Inc., a Chinese electric vehicle (EV) manufacturer, is considering additional job cuts following its recent announcement of a 10 per cent workforce reduction...

Latest

No more free coffees for Amazon staff

Amazon introduced a programme that gives employees complimentary coffee, including lattes and cappuccinos, from the coffee shops in their Seattle and other office locations....

Tier-2 cities posted better hiring demand than metros

Chandigarh saw 22 per cent drop in hiring year on year (YoY) and three per cent drop month on month (MoM), as per a...

Lamborghini’s production staff to follow 4-day workweek

Lamborghini has secured an agreement with unions to implement a four-day workweek for its production staff. This move reflects a broader trend among manufacturing...

Improved teacher recruitment/training need of the hour: Report

Does India lack schools? May be not, but it does lack quality teachers, which is probably why the gross enrolment ratio or GER is...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

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....
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