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...

What’s inside this cloud company’s in-house happiness portal

ESDS Software Solutions, a cloud services and data centre solutions company, has innovatively embraced the notion of employee satisfaction through a unique survey platform,...

How WOW uses eNPS surveys to foster a collaborative environment

The dynamics of trust and collaboration vary across organisations as everyone will have nuanced differences in their definitions of these terms. The same holds...

PARTNER POSTS

Future of talent acquisition in the age of generative AI

If you've been feeling a bit overwhelmed by the buzz surrounding generative AI, you're not alone. Let us face it, our industry is evolving,...

Innovation in insurance recruitment: Tata AIA’s journey towards high volume, top talent acquisition

Tata AIA Life is a joint venture between Tata Sons Pvt. Ltd and AIA Group. The venture merges Tata's leadership in India with AIA's...

Has AI really impacted employment in Europe?

A recent study to gauge the impact of artificial intelligence (AI) on employment in Europe, reveals that about 25 per cent of all jobs...

Latest

Gucci moves 153 workers from Rome to Milan; triggers worker strike

Gucci, the famous Italian fashion brand, is facing a worker strike because of a decision that employees believe is like a group firing. The...

World Bank Internship programme to start accepting applications

Come December, and World Bank will start accepting applications for its internship programme. Those possessing an undergraduate degree and enrolled in a full-time graduate...

ANZ bank to reduce bonuses for non-returning employees

ANZ Bank, one of the major Australian banks, has cautioned its employees that their bonuses may be reduced unless they dedicate half of their...

Taco Bell ex-worker forced to resign for reporting inappropriate activity at Christmas party

Alana Bechiom, a California Taco Bell ex-employee, has filed a lawsuit, claiming the company compelled her to resign after she reported a group sexual...

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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