Tag: freeze

Amazon to lay off 10,000 amidst increasing losses

That recession is looming large is quite certain now as there are reports of Amazon planning to ask about 10,000 of its employees to...

Snapchat plans jobs cuts

Snapchat, the multimedia instant messaging app and service, is reportedly gearing up to reduce headcount. Its parent company, Snap reported losses of almost $10...

Spotify slows hiring amidst uncertainty

Spotify, the global audio streaming platform — which reportedly already has a workforce of over 8,000, globally— plans to go slow in terms of...

Coinbase to cut 1100 jobs

Coinbase, the global trading platform for crypto currency, has announced that it will lay off 18 per cent of its workforce, that is, about...

Hiring freeze at Intel’s client computing division

The prevailing uncertainties in the economy and global market have led to many companies pausing hiring. Intel is the latest to join the list....

Twitter decides to freeze hiring

After Uber, it is now Twitter that is imposing a hiring freeze. In an internal memo, Parag Agrawal, CEO, Twitter, has announced this momentary...

JPMorgan Chase & Co. to freeze salaries of seniors

JPMorgan Chase & Co intends to freeze salaries for employees from the rank of vice president and above as the bonuses for some traders...

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....

Latest

Prosus and its parent company join layoff spree

Dutch technology investor Prosus and it's South African parent company, Naspers, has announced that they will be cutting up to 30 per cent of...

Future Generali India gets Reena Tyagi as CHRO

Reena Tyagi has joined Future Generali India Life Insurance as its new chief human resources officer. Tyagi has been a human resource professional for...

Bombay HC: Financial crisis is no excuse for not paying employee

A city labour court ruled that  financial crisis cannot serve as a reason for not paying employee salaries and ordered a computer services company...

Air India deducts salary of employees for not vacating staff quarters

Air India began deducting the pay of employees who have not left their company-provided housing in Vasant Vihar, Delhi and the Air India Colony...

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...