Tag: job cut

Fresh round of layoffs at Microsoft; 276 employees to lose jobs

Technology giant Microsoft, headquartered in Washington State, has decided to lay off 276 employees, primarily from its customer service, support, and sales teams. The...

StanChart resorts to trimming roles as part of cost cuts

Standard Chartered (STAN.L), the British multinational bank, is set to initiate staff layoffs in key hubs such as Singapore, London, and Hong Kong as...

Coinbase to let go 20% of workforce

Given the economic uncertainty and fears of recession, the crypto space had been witnessing very weak trading volumes. Now, Coinbase Global, the cryptocurrency company,...

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...

Wheels stop turning for Atlas Cycles, staff laid off

Atlas Cycles has admitted that it is unable to carry on manufacturing operations amidst financial limitations. On June 3, therefore, it laid off its...

750 jobs to be slashed at Apollo Tyres plant, in the...

Apollo Tyres is planning to slash about 750 jobs at its plant in the Netherlands, by 2022. The job cuts are aimed at ensuring...

Expedia to lay off 3,000

Online travel company, Expedia, will slash about 3,000 jobs worldwide following unsatisfactory performance last year. The Company’s websites are mainly travel aggregators and search...

Opel to slash 2,100 jobs in Germany

Opel, the German car manufacturer and subsidiary of Peugeot, is all set to lay off 2,100 workers in a bid to remain afloat 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...
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Engagement is outdated: The future of success lies in ‘employee involvement’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...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Saudi Arabia upscales ‘Saudisation’ drive with HR jobs restriction

Saudi Arabia has taken a further step in its ‘Saudisation’ labour policy, reserving human resources (HR) positions for Saudi nationals only. This move, announced...

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Uganda Government mandates weekly exercise for MDAs

In response to the escalating prevalence of lifestyle diseases, the Uganda government has mandated ministries, departments and agencies (MDAs) to conduct weekly physical-exercise sessions...
DA Hike

Central govt lifts wage rate for MGNREGA workers

The Central government has announced the latest revision in wages for many MGNREGA workers, under the Mahatma Gandhi National Rural Employment Guarantee Act for...

Improve quality of jobs: India Employment Report 2024

The India Employment Report 2024 suggests five important missions that India should take on in earnest. One is to make production and growth more...

Ericsson to axe 1,200 jobs amidst falling demand

Ericsson AB, the manufacturer of 5G networking equipment, is all set to axe about 1,200 jobs in Sweden. Why? Because it is not receiving...

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....
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