Tag: CEO
‘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...
Affirm announces 19% job cuts in its workforce
In its second-quarter earnings report, Affirm, a US-based financial technology company, announced that it has laid off 19 per cent of its workforce. This...
Apple ropes in Carol Surface as its new CPO
Apple Inc. announces its first chief people officer in a major executive reshuffle. The trillion dollar conglomerate named ex-Medtronic EVP and CHRO, Carol Surface...
eBay cuts 500 jobs to save costs
On February 7, 2023, eBay Inc., the global e-commerce giant, announced a plan to cut 500 jobs, or 4 per cent of their global...
Is Meta asking managers to become individual contributors?
It is reported that Meta, the Company that owns Facebook and Instagram, is asking its managers and directors to work as individual contributors. If...
Major pay cut for senior executives: Google
Google CEO Sundar Pichai has hinted at a major pay cut for senior executives following the recent termination of 12,000 employees. During a town...
Cutting 10,000 jobs; decisions are difficult, but necessary: Microsoft CEO
On January 18, 2023, Microsoft announced that it will be cutting 10,000 jobs by the end of the third quarter of 2023. In a...
Rs 6 crore joining bonus for Cognizant’s new CEO
Ravi Kumar S, the new CEO of Cognizant, will be paid Rs 6 crore as sign-on bonus, which will be a part of his...
Tesla to freeze hiring amidst plans of another round of lay...
Elon Musk’s company, Tesla, is about to make another round of layoffs. The company plans to fire more people and has already informed the...
Musk to step down as the CEO of Twitter soon
On December 21, 2022, Elon Musk said that he would soon resign as the Twitter CEO. The tweet comes after his poll on Monday....
Will Amazon now lay off 20,000 instead of 10,000?
In mid-November, it was reported that Amazon, the technology and ecommerce giant, was planning to lay off as many as 10,000 employees in the...
Change of guard at P&G
Procter & Gamble has announced the elevation of Bala Purushothaman to global CHRO. He will be stepping into the shoes of Tracey Grabowski who...
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...
Dream11 CEO offers to hire those laid off by Twitter &...
Recently, big tech giants such as Twitter and the parent company of Facebook, Meta have laid off thousands of employees. After the acquisition of...
Here’s what Meta is offering to its 11K severed employees
Sixteen weeks of base pay plus two additional weeks for every year of service, with no cap is what Meta, the parent company of...
What’s with the ‘year-end leaves’ in some companies?
In the West and Europe, the year-end period is most special and full of celebration. Christmas, coupled with New Year celebrations makes the end...
Nishchae Suri is the new MD of Cornerstone India
Cornerstone OnDemand, an adaptive HR solutions company has announced the appointment of Nishchae Suri as the new managing director, at Cornerstone India. In this...
Puretech Digital launches People Vision, an aspirational chart for its employees
Puretech Digital, the Mumbai-based full-service digital agency has announced the launch of People Vision, an aspirational chart for its employees. Like a Company’s vision,...
Change of guard in Adani’s HR leadership
Jayant Kumar has taken charge as the new CHRO for ACC and Ambuja Cement, which is now part of the Adani Group of companies....
How does the CEO-CFO-CHRO trio drive a talent-first organisation?
The equation seems to have changed. Among the direct reportees to the CEO, the CFO used to be the closest confidante. The reason being,...
Sanjay Khanna appointed CEO, American Express Banking Corp., India
American Express Banking Corp., (AEBC) today announced the appointment of Sanjay Khanna as the Chief Executive Officer (CEO) and Country Manager, AEBC Corp., India....
Lure of DJ to encourage employees to return to office: Meta
Meta has reportedly hired a DJ to play music in its Menlo Park campus cafe, according to an employee. This move could be seen...
Latest
“Employees will get to choose their salary structure,” Ravi Mishra
2022 was a volatile year for HR & workforce
In many organisations employees did not enjoy reasonable growth, either in salary or career, for almost...
Transportation unions on strike; demand higher wage: Germany
The recent strike by public transportation workers in Germany has caused significant disruptions in the country's transportation sector. On Monday, workers from various unions...
Starbucks under fire for refusing to negotiate fairly with workers
Starbucks is again in the news, this time because the company is allegedly violating federal labour laws, as prosecutors from the National Labour Relations...
100% placement with highest CTC of Rs 49 lakhs at TISS
At the end of the final placement process, for the 2021-23 MA in human resource management and labour relations (HRM&LR) batch of The Tata...
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...
