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...
