Tag: Diwali vacation

WeWork encourages staff to switch off, announces 10-day break

Admitting that WeWork India’s “success as a brand is a direct result of the hard work put in by our colleagues,” Priti Shetty, chief...

Severance package costs $640 million for 18000 laid off amazon employees

Last month, Amazon laid off over 18,000 employees and, as a result, the company incurred a cost of $640 million in severance packages in...

Latest

UAE firms enroled their employees in job loss insurance scheme

A job loss insurance scheme took effect on January 1, 2023 in the UAE, and many companies have registered their employees for it. The...

GNIDA terminates the services of 49 employees

The Greater Noida Industrial Development Authority (GNIDA) has terminated the services of 49 contractual employees after an investigation uncovered irregularities in their appointment process....

EPFO may amend pension scheme

The Ministry of Labour and the Employees’ Provident Fund Organisation (EPFO) are planning to re-examine the Employee Pension Scheme (EPS) so that it becomes...

Intel implements pay cuts; CEO to take 25% cut

It hasn’t been long since Intel announced the layoff of about 340 people in California. And now, it is reportedly resorting to pay cuts....

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...