Tag: Firing
FedEx will let go over 6,000 employees in Europe
American multinational delivery services company, FedEx, has decided to reduce its workforce by about 6,300 employees in Europe. The job cuts will be carried...
Employees continue to lose jobs worldwide
In Melville, US, the Newsday Media Group is all set to layoff a significant number of employees in the IT, advertising, marketing, security and...
Deutsche Bank to shut 200+ branches , 350 jobs at risk
Deutsche Bank’s retail banking sector plans to close 200 branches over the next two years. This means, about a 100 branches of Deutsche Bank...
Google in the dock for forcing Black tech co-lead to resign
Over 1,400 members of Google’s workforce have come together to protest the firing of Timnit Gebru, technical co-lead at the technology company’s ethical artificial...
VMware ‘rebalances’ workforce, lays off 200 employees
While layoffs are resorted to as part of cost-cutting measures by most organisations, there are also companies that lay off their employees as part...
Vodafone Idea sacks nearly 1500 employees as a cost-cutting measure
In a bid to cut operational costs, telecom operator, Vodafone Idea (VIL), has laid off nearly 1500 permanent employees.
Responding to the financial crisis at...
PayU lays off staff at credit lending unit, PaySense
PayU, the fintech company owned by Naspers, has slashed jobs at its digital credit-lending business, PaySense. Although the exact number of layoffs is yet...
Social-media posts allege forced termination of ICICI staff, Bank denies
Several social-media posts by people, claiming to be ICICI employees, seem to suggest that many ICICI staff have lost their jobs during the pandemic....
Cognizant to lay off nearly 18000, faces legal action from KITU
After receiving numerous complaints from employees of the IT firm Cognizant, Karnataka State IT/ITeS Employees’ Union (KITU) said it had initiated legal action against...
Tesla denies allegations of threatening employees with termination
After several Tesla employees alleged that the Company threatened to fire them for not returning to work, the electric car company has denied having...
Airbus to sack 15,000 employees, calls it ‘gravest crisis ever’
The impact of the coronavirus pandemic and the lockdown it triggered is clearly visible in the aviation industry. The latest to go for downsizing...
Press Council of India seeks clarification from The Hindu for sacking...
The outbreak of coronavirus has been devastating for many industries and the latest to feel the pandemic heat is the media industry. Enforcing pay-cuts,...
PaisaBazaar slashes over 1500 jobs
The lockdown has cost yet another mass job loss. This time it’s at SoftBank-funded PaisaBazaar.com, where 1,500 employees have been shown the exit door....
Sensitive dismissals are the need of the hour
Businesses across all sectors have had a tough time this year, with only a few of them beginning to get back on their feet....
Coronavirus impact: BookMyShow to lay off and furlough employees
Online ticket booking company, BookMyShow, has laid off or furloughed 270 employees, making it the latest addition to the list of well-funded consumer internet...
Uber cuts one fourth of its India workforce, lays off 600
Like many other businesses, companies such as Uber have been hit severely by the nationwide lockdown. In order to limit the damage, the vehicle...
Virtual exit for virtual employees
When it comes to layoffs, there is never an easy way to go about it. It is a complicated, time-consuming affair and one of...
Barclays to lay off 100 senior employees
In a bid to cut costs, Barclays, the British lender, is expected to lay off about a 100 senior employees. It is reported that...
Hero Motocorp fires 30 staff members on ethical grounds
These employees were not only found guilty of fudging travel-expense bills, but also of accepting personal favours, gifts and other benefits from some of the vendors, suppliers and dealers .
Apple fires employee for iPhone X leaks by daughter
The American multinational technology company has stringent policies wherein the staff is sworn to secrecy regarding product info.
Tesla Motors fires over 400 employees in annual appraisal process
The Company will also be hiring new employees considering the high demand for its vehicles.
Next qtr will see more hiring and firing: Survey
Around 38 per cent of participating companies plan to fire managerial-level employees, while there will be only 29 per cent reduction in the workforce in the current quarter. Speed of hiring is expected to go up from 62 to 88 per cent.
Importance of the 3 new Cs — connection, communication and clarity
Speaking to clients, colleagues and business people alike, I notice that, now more than ever, it is important for us as personal, group and...
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...
Infosys to hire 300 locals in Pennsylvania
Indian information technology multinational, Infosys, is expanding its Retirement Services Centre of Excellence in Pennsylvania, US. As part of the expansion process, it will...
Latest
Waah Jobs to let Lowe Lintas handle its rebranding
Waah Jobs, formerly known as Asaanjobs, has handed over all creative duties and responsibility of rebranding to Lowe Lintas.
Henceforth, Lowe Lintas will be responsible...
Deutsche Bank to slash about 400 jobs
About 400 jobs will be slashed at Deutsche Bank in Germany. This is part of the Bank’s restructuring plan that had begun in 2019...
100% placement at XLRI, avg. salary rises to Rs 25 lakh
XLRI Xavier School of Management has successfully placed all the outgoing students of batch 2019-21. In two days’ time, all 358 candidates of the...
Pankaj Poddar appointed AVP- HR , Aditya Birla Group , Ultratech, DCW
Aditya Birla Group has appointed Pankaj Poddar as AVP-HR for the Ultratech cement plant, at Dalla, in Sonebhadra, Uttar Pradesh. Poddar moves from AVI-Oil...
DIALOGUE
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...
“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...
Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...
