Tag: CEO
Pay of Jane Fraser, CEO, Citigroup, up 6% amid workforce cut...
Jane Fraser, CEO, Citigroup, witnessed her total compensation rise by six per cent to $26 million in 2024, reflecting a $1.5 million base salary,...
Zuckerberg highlights the benefits of downsizing
In a podcast, Mark Zuckerberg, CEO, Meta, shared statements that offer a wider perspective, moving beyond just rectifying past hiring surges.
Zuckerberg pointed out that the tech...
How AI hyper-personalises the employee experiences
The cookie-cutter approach to HR is crumbling. Today's diverse workforce craves personalised experiences that cater to their unique needs and aspirations. Artificial intelligence (AI),...
Paytm’s 2024 vision: major advances in AI, a restructured workforce
Paytm is reducing its workforce, and Vijay Shekhar Sharma, CEO, Paytm, believes that the need for employees may decrease because the company is focusing...
JP Morgan board grants CEO $1.5 million salary
As per JP Morgan’s regulatory filing on 18 January 2024, the organisation's board has decided to grant $1.5 million dollar and $34.5 million in...
Why Adidas CEO called ‘Crazy’ for sharing his number with 60,000...
In an effort to boost employee morale, Bjørn Gulden, CEO, Adidas, shared his number with 60,000 employees during an inaugural town hall. This move...
Discord cuts 17% of its workforce
After Google, Amazon, Meta, and Twitter, Discord, a popular messaging platform, is now executing its largest-ever layoffs. As part of its strategic plan, the...
NLRB pushes SpaceX for apology and workers’ rights notice
SpaceX is in trouble for firing workers who spoke out against Elon Musk. A complaint has been filed, accusing the company of violating workers'...
Frontdesk faces closure after abrupt layoff of entire workforce
Frontdesk, an online rental platform, recently made headlines as the first tech startup to terminate all 200 employees through a brief two-minute Google Meet...
1to1help appoints Mahua Bisht as the new CEO
1to1help, India’s largest Employee Assistance Programme (EAP) provider, announced the appointment of Mahua Bisht as the chief executive officer of the company. This move...
OpenAI drama: Altman’s rollercoaster return as CEO
On 17 November, 2023, OpenAI's board dismissed Sam Altman, its CEO, due to disagreements over the pace of developing and monetising artificial intelligence. Following...
Ex-Byju’s employees yet to receive payments
Byju’s has once again postponed the full and final settlement for its terminated employees.
The company has reportedly laid off around 7,000 employees in multiple...
Citigroup plans to lay off 10% of its workforce
According to media reports, Citigroup's management and consultants are considering reducing the workforce by at least 10 per cent, impacting various key divisions as...
AirAsia debacle: Code of ethics for CEOs
'What was he thinking?’ That’s exactly how most people reacted to a recent post from a senior executive of a known brand. Can the...
Cirrus Logic CEO’s salary reduced by 10%; company shares rise by...
Cirrus Logic, a prominent company in the technology industry, has recently made an important announcement regarding John Forsyth, CEO, and the measures being taken...
Quick Heal Technologies appoints former Infosys executive, Vishal Salvi as the...
Quick Heal Technologies, a leading global cybersecurity solutions provider, is pleased to announce the appointment of Vishal Salvi as the new chief executive officer...
Deshpande Startups appoints Karthik Sankaran as new CEO
Deshpande Startups India’s largest business incubator, has appointed Karthik Sankaran as the new Chief Executive Officer (CEO). With an impressive background in the semiconductor...
Former TCS CEO remuneration surges over 13% in FY 22-23, while...
In the fiscal year 2022-23, Rajesh Gopinathan, the former CEO and MD of Tata Consultancy Services (TCS), saw a significant increase in his remuneration....
Salary of Infosys CEO reduced by 21%?
The CEO of Infosys, Salil Parekh, earned a reduced salary in financial year 2022-23. He earned only Rs 56.55 compared to the Rs 71...
Musk running Twitter with only 1500 employees
Elon Musk, the billionaire entrepreneur and CEO of SpaceX and Tesla, made headlines last year when he purchased Twitter, one of the largest social...
‘Women as likely to be CEOs as men,’say 54% men
With more organisations across the world putting in efforts to make workplaces more inclusive, a significant number of men have begun to see women...
Employees express distress as Nike lays off
Nike reportedly laid off several employees, including recruiters, who shared their experiences on LinkedIn. The company has not commented on the social media posts...
CEO, CRED, reveals salary, gets criticised
When Kunal Shah, CEO, CRED decided to admit how much he earned, during an Instagram exchange, little did he imagine that he would receive...
9% pay hike for Citigroup CEO
Jane Fraser, CEO, Citigroup, will enjoy a pay hike while most other executives across various financial institutions in the US are taking a pay...
Twitter’s top engineer fired due to decrease in Musk’s reach
Elon Musk, the CEO of Twitter, has recently made headlines for firing the company's top engineer. The decision was reportedly made due to declining...
Is gender pay gap lower when the CEO is a woman?
The mean gender pay gap is 50 per cent lower for organisations that have women holding CEO position. That means, the gender pay gap...