Tag: downsize

Unacademy lays off 6,000 as part of cost cutting

Unacademy, the Indian edtech startup, has let go of about 600 employees from its almost 6,000-strong team — about 10 per cent of its...

3M to restructure, slash 2,900 jobs

3M Co. is set to lay off about 2,900 employees, about three per cent of its global workforce, as part of cost-cutting measures and...

Disney’s theme parks to render 28,000 jobless

Approximately 28,000 employees or ‘cast members’ as they are called, working at Walt Disney’s theme parks in the US will be laid off. The...

Mozilla to slash 250 jobs, focus on new products

Mozilla, which is most popular for the Firefox web browser, is all set to downsize and also restructure its workforce. Having been adversely affected...

Downsizing in manufacturing is not rightsizing, but just a temporary strategy

There have been a few unusual realisations for every organisation during these past few months. For the manufacturing sector— across apparel, paint, auto and...

British banks to cut jobs as demand for digital services grows

In an attempt to keep up with customers shifting online, and implement cost-cutting measures, Lloyds Banking Group and Virgin Money are going to downsize. While...

Jaguar Land Rover to lay off 500 in the UK

Jaguar Land Rover (JLR), owned by Tata Motors, will be laying off about 500 employees—10 per cent of the workforce— at its factory in...

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

US Securities finds lack of integrity in EY employees

Ernst & Young (EY), has been penalised by the US securities and exchange commission (SEC) for $100 million. It has been found that audit professionals...

Latest

Netflix hires Rohit Suri as head of talent, India

Rohit Suri is the new head of talent, India at Netflix. Previously, Suri was the CHRO at Dentsu International and had joined Dentsu in...

Paytm founder tries to attract talent by providing remote work option

The founder of Paytm, Vijay Shekhar Sharma, has tweeted that Paytm allows remote working for certain roles and has urged people to check out...

Layoffs continue in edtech: Whitehat Jr fires 300 employees

Edtech company Whitehat Jr, which was acquired by BYJU’s in 2020, has laid around 300 employees. The downsizing would affect employees both in India...

How Max Life Insurance is bridging the generational gap in staff

In India, most discussions and initiatives pertaining to diversity always boils down to gender diversity. However, ‘diversity’ is not just restricted to gender alone,...

DIALOGUE

“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...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...