Tag: lay off

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...

Millennials are serious about their social responsibility

Nothing is ‘usual‘ about 2021, so it is not surprising that many leaders have started examining their own approaches to managing people, leadership, and...

Ten key skills required in an age of digital transformation

As a growing number of organisations integrate digital technologies into all aspects of their business, digital transformation has come to be regarded as the...

Greeks protest against labour reforms

Athens witnessed thousands of Greeks protesting against the Government’s planned labour reforms. The protest marches and strikes saw overwhelming participation with at least 10,000...

Latest

Piaggio extends insurance cover to family of deceased for up to 5 years

Like many other corporates, Piaggio Vehicles (PVPL) has also taken several measures to provide security to its employees amidst these challenging times. Not only...

UKG acquires EverythingBenefits, expands into benefits tech space

HCM software group, UKG, has acquired EverythingBenefits to expand into the benefits technology sector. EverythingBenefits is a platform that connects employers to all information pertaining...

COVID vaccination: Colorbar, Viridian Group, Narayana Health do their bit

Colorbar, the Indian beauty brand, organised a three-day vaccination drive in association with Apollo Hospitals, New Delhi, for its employees and their dependents. The...

Allow WFH for nursing moms for a year: Centre to States

Realising that nursing mothers are highly vulnerable and need to be protected from COVID-19 infection, the Labour Ministry recently issued an advisory to all...

DIALOGUE

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...
video

“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...

Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...