Tag: cost saving
Astra lets go 25% of workforce; reallocates personnel
Astra Space Inc., the American launch vehicle company based in Alameda, California, has reduced its headcount by 25 per cent. That means, about 70...
Working remotely might not remain an option: Meta
Meta, which is the parent company of Facebook, is currently facing challenges related to cost-cutting measures. The company recently announced plans to lay off...
49% firms are using ChatGPT, 25% saved $75K by doing so!
Are organisations replacing staff with ChatGPT? The AI chatbot has managed to save significant amounts of money for many companies in the US that...
Seagate to lay off 3,000 as part of restructuring
With revenues dipping 35 per cent in quarter one of financial year 2023 and demand for falling too, Seagate Technology has decided to undergo...
Why gig economy is on the rise
The corporate world is changing at an alarming pace, and so are the preferences of employees. The expectations that millennials have are far different...
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...
Engagement is outdated: The future of success lies in ‘employee involvement’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: 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...
Toshiba to let go 5000 in Japan
Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...
Latest
Noventiq to hire 500 for AI team; opens office in Bengaluru
Noventiq, the IT solutions and services firm, has launched a new office in Bengaluru, to serve as a hub for its projects, both domestic...
Will Citi let go 22,000 roles by 2026?
In the process of doing away with five layers of management, Citi’s management layers have been reduced to eight, from the previous 13. The...
Toshiba to let go 5000 in Japan
Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...
Navendu Shekhar named head HR at India Today
After serving as director-HR (business, strategy and corporate functions) at Cashree Payments for well over two and a half years, Navendu Shekhar has joined...
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....
