Tag: financial crisis

The trend of garbing layoffs as restructuring

There has been a trend for companies, be it small organisations or big, to lay off people in the name of restructuring. While companies...

OYO reverses pay cuts from Aug 1

Hospitality company, OYO, has decided to restore the full salaries of its employees in India and South Asia. While those earning a fixed salary...

50% salary cut for Trujet staff

Hyderabad-based airline, Trujet, has decided to cut 50 per cent of its employees’ salaries. The decision has been conveyed to the employees via an...

South African Airways in a hurry to cut jobs and reduce...

South African Airways (SAA) is planning to decrease its wage bill by cutting jobs as soon as possible. The state-owned airline had revealed in...

Real estate sector expected to witness heavy job loss

Over half a million direct jobs are expected to be lost in the real estate space in the near future, according to the National...

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....

No July salary for BSNL, MTNL staff

Both Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL), who have been undergoing a financial crisis, have been unable to pay the salaries...

Air India employee unions against sale of national carrier

The employees’ and officers’ unions of Air India expressed their displeasure at the Government's attempt to sell the cash-strapped national airline. Ashwani Lohani, chairman, Air...

Jet Airways’ CEO, CFO, CHRO quit

Jet Airways stopped operating its airline business on 17 April, 2019. Several attempts were made by different bidders to salvage the situation, but none...

Pawan Hans holds back April salary of employees

Pawan Hans, the helicopter service company based in New Delhi, has been facing a financial crisis for some time now. An official circular recently...

Employees of BSNL awaiting February salaries

Bharat Sanchar Nigam (BSNL), the State-run telecom company, has not paid the February salaries to almost 1.76 lakh employees owing to a financial crisis....

Jet Airways seeks more time for September salary payment

Jet Airways has requested more time from its employees for payment of salaries for the month of September. However, it has assured the employees...

Facilitation, a leadership tool that cannot be used enough!

My consulting and coaching work allows me to look closely at the talent organisations and how they harness their potential. Most organisations have a...

Ten key skills required in an age of digital transformation

As a growing number of organisations integrate digital technologies into all aspects of their business, digital transformation has come to be regarded as the...

Companies in the US seek vaccination details of staff

Ahead of implementing ‘return to office’, many organisations are updating their employee records with the vaccination status of the staff. Equal Employment Opportunity Commission...

Latest

Indian students offered Rs 90 & 81 lakh p.a. package by Bloomberg London

Bloomberg London has hired two students from Indian Institute of Technology (Indian School of Mines), Dhanbad, offering them an annual package of Rs 90...

Corporate digital learning firm, Skillsoft, debuts on NYSE

Skillsoft, the corporate digital learning company, is all set to become the leader in the digital learning space with the announcement of its common...

Amazon’s robo to ensure safety at the workplace

Amazon is gearing up to introduce robo employees at its fulfilment centres across the globe, to make the workplace safer. With the robots in...

Morphisec Appoints Ajit Pillai as Regional Director for APAC region

Morphisec, a leader in cloud-delivered endpoint and server security solutions, today announced it has appointed Ajit Pillai as Regional Director for APAC. In this...

DIALOGUE

“If CEO is the father of an organisation, CHRO is the mother,” Pankaj Lochan

Q. You have been shuttling between HR and manufacturing roles. Was it a well-thought out strategy or did you just go with the flow...

Binding multi-faceted employees with Titan Values

Titan has different sets of employees for different functions and verticals, ranging from the shopfloor to the retail stores. How do you bring in...

The right people policy for startups – Madan Nagaldinne

You happen to have worked mostly with large organisations. How different is it working for a startup now? When you have worked for big...