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...

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Saudi Arabia upscales ‘Saudisation’ drive with HR jobs restriction

Saudi Arabia has taken a further step in its ‘Saudisation’ labour policy, reserving human resources (HR) positions for Saudi nationals only. This move, announced...

Latest

India’s workforce: High engagement, high burnout

A new study by UKG Workforce Institute paints a complex picture of the Indian workforce. While employees report high levels of engagement, a desire...

Vistara to give one-time special bonus to staff

On the basis of its operational and financial performance, Vistara, the joint venture airline between Tata Sons and Singapore Airlines, is providing its worforce...

Christine Centa elevated to CPO, HashiCorp

Christine Centa, who was VP-total rewards and people operations, Hashi Corp, has been promoted to the position of chief people officer. Armed with an MBA...

How Hindustan Zinc mines a path for women in leadership

In the rugged world of mining, traditionally a male domain, Hindustan Zinc, a leading Indian zinc producer, is making history. Forget quotas; the company...

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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