Tag: Economic Slowdown

900 laid off at Xiaomi amidst revenue drop

Xiaomi, the Chinese smartphone manufacturer, has laid off about 900 people, affecting about three per cent of its over-32,000-strong workforce. The reason is the...

Ban on layoffs in Argentina to end in December

Due to the economic slowdown resulting from the pandemic-induced mobility restrictions and lockdowns, the Government of Argentina had brought into effect two measures —...

Few things employees should do during an economic slowdown

Thousands of jobs have disappeared in a flash as employees are being laid off in auto, textile and now even in the FMCG sector....

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,”...

Boeing to outsource jobs to TCS

In a virtual meeting, Boeing has conveyed to its non-unionised corporate employees that it is all set to outsource its finance and accounting jobs...

Latest

96% Wipro staff to get hike from 1 Sept

Despite economic pressures in the last quarter, Wipro is giving annual salary increments to 96 per cent of its staff, with effect from September...

Bert Labs appoints Sameer Rajpal as human capital leader

Sameer Rajpal has taken up the role of human capital leader at Bert Labs, the global AI-IoT powered deep tech company. Rajpal makes this...

ESOPS worth $500,000 for eligible staff of ExperienialEtc

ExperientialEtc, a five-year old startup, has announced employee stock options (ESOPs) worth $500,000 for its employees. The shares will be distributed free of cost...

How can hiring managers steer clear of interview bias?

A 2019 study by the Journal of Occupational and Organisational Psychology revealed that 60 per cent of interviewers know within the first 15 minutes...

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...