Tag: HR staffing

CBSI India and staff to now operate as part of FirstMeridian

FirstMeridian, the HR platform, has announced 100 per cent acquisition of technology company, CBSI India. The information technology (IT) staffing business and its employees...

Severance package costs $640 million for 18000 laid off amazon employees

Last month, Amazon laid off over 18,000 employees and, as a result, the company incurred a cost of $640 million in severance packages in...

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How laid-off tech talent can be leveraged by non-tech sectors

In recent months, the tech industry has seen a significant number of layoffs as companies adjust to the economic impact of the pandemic. While...

41 companies have a woman CEO: Report

That organisations across the world are doing their bit to ensure equal representation and parity is clear from the 2023 Bloomberg Gender-Equality Index (GEI)....

Economic challenges & reduced spending leads to more layoffs

PayPal revealed that it is cutting 2,000 full-time positions globally, which makes up about 7% of its workforce. The digital payments company has said...

‘Revise wages periodically in public interest’: SC to public employers

According to the Supreme Court, State and public employers are obliged to revise wages for their employees periodically, considering the adverse effects of price...

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...