Tag: furlough
Virgin Orbit furloughs staff, grapples with financial crisis
Virgin Orbit has paused operations and sent almost its entire staff on unpaid furlough. A part of Richard Branson’s Virgin Group, the company helps...
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...
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
H-1B visa holders can fight visa-denial case if employers commit fraud
If Indian H-1B visa holders find that their visa is about to be revoked just because their employer has been found to have indulged...
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Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
10% of Brevan Howard Asset Management to be laid off
Brevan Howard Asset Management is all set to reduce its workforce by a 100 people. This is part of a cost-cutting exercise at the...
AI Engineering Services staff call off strike planned for today
Thanks to the technicians of AI Engineering Services calling off a strike that they had earlier called for today, that is, 23 April, 2024,...
Polmor Steel to expand in Telangana, create 100 more jobs
Polmor Steel, a wholly-owned subsidiary of the Polish company Polmor is gearing to expand in Telanga, where it already has facilities in the Automotive...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
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....
