Tag: inflation

Swiggy employees in Kochi continue strike demanding better pay

Employees of Swiggy, the food-delivery app, have been on a long strike in Kochi, Kerala, demanding better pay, amongst other things. Presently being paid at...

Britain’s postal workers’ union to avert disruptions due to strike

Leaders of the trade union, Communication Workers’ Union (CWU) representing postal workers in Britain who are on strike, were scheduled to meet executives from...

PVH Corp. to cut 10% jobs, reduce costs

PVH Corp., the American clothing company, is planning to lay off 10 per cent of its workforce. The Company, which owns brands such as Tommy...

8-day strike at Britain’s biggest port

With over 1,900 workers at Felixstowe, Britain’s largest container port, going on an eight-day strike, massive disruptions are expected in the country’s supply chain. Hutchison...

DA formula revised for Central government employees

Considering the inflation, the Government revises the base year off and on, for calculation of dearness allowance (DA). The formula has been changed again,...

Shell earns bumper profits, gives 8% bonus to staff

There is much reason for the 82,000-strong workforce of Shell to rejoice. The energy company has witnessed record profits, and has decided to give...

Amazon has laid off 1 lakh

With Amazon realising it has more employees than it requires — having hired more during the demand surge due to the pandemic, and to...

4% DA hike likely for government employees

Government employees can expect a four per cent increment in dearness allowance (DA) this time. The hike will reportedly come into effect from 1...

UAE firms considering giving 10% mid-term hike to staff amid inflation

Given the high inflation in the country, combined with fuel prices rising steadily since January 2022, the common man’s pocket in the UAE is...

Rolls-Royce workers reject £2,000 cash bonus

Thousands of Rolls-Royce employees have rejected the auto giant’s offer of £2000 cash benefit, citing that the money is far too less to enable...

50,000 railway employees will join Britain’s biggest rail strike

The railway network in Britain is set to face a lot of disruption given the strike call by the railway employees. This is the...

Labour shortage amidst record high vacancies in the US

Wages across the US are witnessing record hikes. While vacancies are at a record high, about 4.5 million people have quit their jobs. That means,...

IndiGo CEO admits salary raise remains a delicate & difficult issue

While IndiGo’s pilots have been expressing their discontentment at the low-cost carrier’s failure to restore their salaries, Ronojoy Dutta, CEO, IndiGo admits that the...

Will Britain roll out laws to minimise disruptions during strikes?

With ambulance workers and nurses in England and Wales threatening to go on strike later this month, that is, December 2022, the British prime...

Latest

8% GCCs will double their workforces in India in 12 months

Given the surge in demand for services in the post-pandemic era, and attempts to build a cost-efficient workplace, global captive centres or GCCs in...

‘Learning Tuesdays’ at Barco are not just about learning

Growth of employees has become a priority for most organisations today, and growth does not only happen through promotions and pay raises alone. Upskilling...

Why do we need a chief encouragement officer?

Encouragement at the workplace is the most underrated concept. Is it necessary? Yes, of course. Is it provided? No, not really. Leaders today also need...

One’s loss is another’s gain – The positive side of layoffs

The tech sector has been gripped by a flurry of layoffs. The mood is far from upbeat as bad times are being predicted. With...

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...