Tag: Deferred Salary

SpiceJet defers 50% of April salary for staff

SpiceJet has deferred up to 50 per cent of the salary of a major part of its workforce, for the month of April, affecting...

Yatra.com founders take 50% cut, send some employees on unpaid leave

In the wake of the global pandemic, travel portal, Yatra.com, has decided to send few of its employees on unpaid leaves for two and...

Voonik the fashion e-tailer defers staff salary by 3 months

The fashion e-tailer is facing a financial crisis.

Employee strikes in European countries

On January 25, 2023, at Berlin Brandenburg Airport (BER), all passenger flights were canceled as airport staff walked out because of a dispute over...

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Wipro fires freshers who scored low in internal test

About 452 freshers at Wipro were told that they had to leave because they did not score well in the internal assessment. These freshers had...

Wages of Pak government staff may suffer, IMF refuses funds

The International Monetary Fund (IMF) has refused to provide financial aid to Pakistan, which is currently experiencing a severe economic crisis, at a time...

Maternity leave issues across the globe

In India, about 40 government doctors in the state of Tamil Nadu are being denied maternity leave and associated benefits. These doctors who went...

Uber Freight to sack 3% of its workforce

Uber Freight announced on Tuesday that it will be cutting around 150 jobs, which is roughly 3 per cent of its total workforce. As...

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...