Tag: Germany

Siemens Energy to slash 7,800 jobs, cut costs, increase margins

Siemens Energy has revealed its plans to shrink its workforce by about 7,800 employees, with the majority of the layoffs to take place by...

340 branches,10,000 jobs to be axed by Commerzbank

As part of a digitalisation and restructuring process, Germany's Commerzbank plans to slash about 10,000 jobs, that is about one-fifth of its total employee...

Amazon workers on strike in Germany, demand better pay, working conditions

Employees at an Amazon logistics centre in Bad Hersfeld, Germany, declared a strike on December 21 with the Verdi trade union announcing that at...

Germany’s anti-COVID restrictions may lead to job loss of about 2,50,000

In Germany, with the latest round of lockdown being clamped from December 16 to January 10, about 2,50,000 jobs are at risk. Considering that...

No need for 4-day work week, existing cost-cuts will suffice: Volkswagen

Volkswagen in Germany has claimed that it sees no need to shift to a four-day work week in order to counter the effect of...

Esprit to slash 1200 jobs, close 50 stores in Germany

Esprit has announced its decision to lay off 1200 employees, which means, 20 per cent of its workforce. The international fashion house will be...

Lufthansa to slash 22,000 jobs, strikes bailout deal with German govt

Lufthansa announced its intention to lay off about 22,000 full-time employees, as it sees no hope of demand for travel recovering any time soon,...

India and Germany formally collaborate for skill development and vocational education

India and Germany have entered into two formal agreements, to collaborate in the areas of skill development and vocational education. The formal agreements will...

9000 expected to be laid off at Deutsche Bank

Deutsche Bank is reported to be planning to lay off about 9000 employees in Germany, mostly back office and support staff. The objective is...

Over 15000 jobs to be cut at Deutsche Bank

Deutsche Bank, the German multinational investment bank and financial services company is planning a revamp estimated to cost $5.6 billion, which will see more...

Siemens to lay off 2,700 employees

With demand for renewable power increasing by the day, Siemens is experiencing low demand for gas turbines. Therefore, the Company plans to lay off...

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...

Busyness to Business

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...

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Amazon disrupts Future-Reliance deal, 11 lakh may lose jobs

Reliance Retail, the wholly-owned subsidiary of Reliance Industries, has been eyeing a stake in Future Group’s retail empire across the country. However, with Amazon...

Develop new-age future-ready HR leadership skills and competencies

Effective HR leaders play the role of catalysts in high-performing sustainable organisations. Today’s dynamic and disruptive environment is resulting in a business context that...

ZS to expand India team by 3,000

The 5,500-strong workforce of ZS in India will soon see an addition of 3,000 new hires. The global professional services company is looking to...

The Accountability Clock: Building Accountability in the Workplace

The book is the result of two years of work by authors Paramjit Singh and Sandeep Koul, who firmly believe that until each and...

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...
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“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...