Tag: IT Layoffs

FITE moves to labour court against Tech Mahindra, Vodafone & Wipro

FITE is working closely with the affected employees to ensure organisations take responsibility for their illegal actions and employees get their job back, since the beginning.

Top Cognizant executives accept VRS

The Company is attempting to increase its cost margins and revenue growth.

Tech Mahindra’s top executives take salary cut due to company’s underperformance

Around 20 executives have written a letter to the CEO and chief people officer of the company, intimating their decision to take a pay cut ranging from 10 per cent to 20 per cent.

Maharashtra Government committee to probe alleged IT layoffs

The mass layoffs in the IT sector have resulted in nationwide protests.

ExxonMobil hikes pay for CEO, CFO, senior VPs

Exxon Mobil Corp XOM.N has decided to raise the base salaries — that make up 10 per cent of overall compensation — of its...

Latest

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...

Oyo to cut 600 jobs as part of organisational restructuring

Oyo is undergoing major restructuring, with some teams being merged and functions being integrated. The hospitality chain is letting go 600 employees, but is...

The blue collared industry has maximum job seekers in 18-30 age group: Report

According to data shared by a blue-collar recruitment platform, top metropolitan cities like Mumbai and Delhi account for 4.15% and 0.49% people, applying for...

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...

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...