Tag: furlough

Furlough scheme ends, Britain to spend $678mn to help jobless get...

Ever since the pandemic began, Britain’s furlough scheme has helped pay the salaries of about 11.6 million workers. It kept them from feeling the...

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...

Why furlough is more apt than layoff

Companies across the world are laying off employees or asking them to go on furlough in order to survive the economic downturn. For the uninitiated,...

OYO: No job cuts in India, but furloughs in the US

OYO has officially announced that while the Company will go ahead with furloughs and temporary leaves in the US and some other markets, no...

Work is less? Furlough the staff!

Businesses cannot produce same results consistently. They go through cycles of high to low profits, and vice versa. And as they cannot run in...

Chinese crane manufacturer distributes Rs 70 crore as bonus

A Chinese company sparked controversy by piling up 61 million yuan (around $9 million) in banknotes on a stage and giving it to employees...

Latest

‘Employer cannot impose COVID-19 vaccination’: Delhi HC

Much to the relief of a government school lecturer, the Delhi High Court ruled that no employer can force an employee to get vaccinated...

Wages of Pak government staff may suffer, IMF refuses funds

The International Monetary Fund (IMF) has refused to provide financial aid to Pakistan, which is currently experiencing a severe economic crisis, at a time...

Geetika Mehta is Ananta Capital’s new group CHRO

Ananta Capital has roped in Geetika Mehta as group chief human resource officer. An alumna of XLRI, Jamshedpur, Mehta began her HR journey with Mondelez...

Mass layoffs causing burnout for HR

Layoffs are becoming increasingly common in today's business environment, and can create a difficult and unpleasant situation for both the organisations and the affected...

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...