Tag: lay off

Will KSRTC lay off 5,000 to cut costs?

The Kerala State Road Transport Corporation (KSRTC) has been considering getting rid of excess staff from across departments, as it lacks the financial strength...

Boeing to make workforce lean, lay off 600 employees

As part of Boeing’s efforts to ensure efficiency by operating as a leaner and more streamlined organisation, The Company will will begin outsourcing information technology...

Deutsche Bank may move 4,600 New York staff to smaller hubs

Deutsche Bank is deliberating moving from its bigger office in Wall Street, New York to a smaller office in Time Warner Centre near Central...

Delta Air Lines asks more workers to go on unpaid leave

More employees are being asked by Delta Air Lines to go on indefinite unpaid leave as the slump in air travel deepens across the...

Dentsu International to restructure, slash 12.5% of workforce

Dentsu International, the advertising and marketing unit of the Dentsu Group, will lay off about 6,000 employees from its existing workforce of 48,000, as...

Lufthansa to let go 29,000 in 2020, 10,000 in 2021

With no hope of returning to pre-COVID levels of demand for at least another five years, German airline, Lufthansa, has decided to let go...

GVK-EMRI to stop ambulance service, lays off 1000 employees

About 650 employees from the 1000-strong workforce of GVK-Emergency Management and Research Institute (EMRI) have been served termination notices quite unexpectedly, on September 11. Apparently...

Edelman lays off 390, cuts 5-20% pay of remaining staff

Edelman, the American public relations and marketing consultancy firm, has announced job cuts. It will be laying of about seven per cent of its...

Indiabulls sacks employees over WhatsApp calls, asks for resignations by May...

The pandemic has been taking its toll on businesses worldwide. The latest victim is the Indiabulls  Group, which is laying off over 2,000 employees...

Ola to lay off 25% of its workforce

Close on the heels of Uber laying off almost a quarter of its staff, cab aggregator, Ola, is also  asking nearly 1,400 employees to...

Ryanair to lay off 3,000, sees no hope of business improving...

Ryanair, the Irish budget airline, is planning to slash 3,000 jobs, as it does not see demand picking up before 2022. It is also...

Hughes crisis may lead to further job loss in telecom

Around 600 odd employees at Hughes India may lose their jobs, if the crisis around Hughes India, a majority-owned subsidiary of Hughes Network Systems,...

How should companies control layoff anxiety

Pick up the newspaper and there is bound to be at least one story about some organisation downsizing or slashing jobs in order to...

Telecom industry expected to lay off 60,000 employees

Sixty thousand employees may lose their jobs in the telecom sector by the start of 2019, as a result of consolidation activities, which are...

Coaching with emotional intelligence

There is a ‘chicken or the egg’ question when considering Emotional Intelligence or quotient (EQ) as a coaching tool. Must a coach be emotionally...

Latest

Walmart to call its corporate employees back to office by November 8

Walmart has asked its employees to return to offices from November 8, 2021. The Company, after operating remotely for a large portion of the...

What’s the ideal first job duration for the ‘career nomad’?

Traditionally speaking, a person’s first job gives them an avenue to explore their capabilities and build the necessary skills to succeed in their professional...

Facebook to pay $14.25 million in penalty for discriminatory hiring

Facebook will be liable to pay a large amount of $14.25 million in civil claims to the US government. The settlement comprises two separate...

Alex Augustine joins Waycool as CPO

Waycool has appointed Alex Augustine as its new chief people officer. Augustine will oversee best practices in human resources management, operations, organisational development, talent...

DIALOGUE

“If CEO is the father of an organisation, CHRO is the mother,” Pankaj Lochan

Q. You have been shuttling between HR and manufacturing roles. Was it a well-thought out strategy or did you just go with the flow...

Binding multi-faceted employees with Titan Values

Titan has different sets of employees for different functions and verticals, ranging from the shopfloor to the retail stores. How do you bring in...

The right people policy for startups – Madan Nagaldinne

You happen to have worked mostly with large organisations. How different is it working for a startup now? When you have worked for big...