Tag: China
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...
Esprit to slash 1200 jobs, close 50 stores in Germany
Esprit has announced its decision to lay off 1200 employees, which means, 20 per cent of its workforce. The international fashion house will be...
Reckitt Benckiser claims to eradicate gender pay gap
The Indian region of Reckitt Benckiser (RB) has outperformed other regions in terms of achieving gender pay gap.
RB India has achieved a mean gender...
China tries to boost employment through cloud recruitment
In an attempt to boost employment and entrepreneurship opportunities in China, many universities are now looking towards ‘cloud recruitment’ to get their students placed...
Organisations keeping Coronavirus at bay, curtailing employee travel to China
Companies, such as Apple, Amazon, Microsoft and Facebook are going out of the way to keep their workforce safe from the Coronavirus, which has...
India will create more jobs by not joining RCEP
Fearing that the Indian market will be flooded with cheap Chinese goods, India has rightfully decided not to join the Regional Comprehensive Economic Partnership...
1000 OYO employees may be laid off in China
All is not OK at Oyo Rooms in China and in India. The hotel network is facing trouble in both the countries. According to...
Manufacturing activity in China grows, restores hope for the jobless
Looks like the push by the government is finally showing results in China. For the first time this year, the manufacturing sector in the...
Chinese companies to allow annual dating leaves to single women
With the objective of allowing single Chinese women to find partners, two Chinese companies have introduced eight additional ‘dating leaves’ in their annual leave...
New ABB robots factory to come up in Shanghai, China
ABB, the Swiss industrial robots and robot systems manufacturing company, will be setting up a new factory at Shanghai, at an expected cost of...
Enhancing capability; top priority for India Inc.
McKinsey & Company’s follow-up study reveals that most companies continue to use traditional capability-building methods, even though their needs have evolved…