Tag: lays off

Celsius lays off 150 employees

Having already put a stop on withdrawals and transfers due to the unfavourable market conditions, Celsius Network, the crypto-lending platform has now laid off...

Vedantu lays off 424 more

The news of Vedantu laying off 200 employees had hardly sunk in and the edtech company has again let go about seven per cent...

Cars24 lays off 600+, 6% of workforce

Over 600 employees from the currently 9,000-strong workforce at Cars24 have been laid off. The six-year old used-car marketplace has let go about six...

Vedantu lays off 200 full-time & contract workers, teachers

It hasn’t been very long since Vedantu, the Bengaluru-based ed-tech firm, achieved unicorn status following a $100 million funding round last year. Now, it...

OkCredit lays off about 40 employees

OkCredit, the Bengaluru-based bookkeeping app, has laid off around 30-40 employees in a period of over a month. However, the affected employees — primarily...

Royal Enfield lays off 100 as part of performance review

Earlier this month, Royal Enfield launched its Classic 350 and made headlines by starting to deliver the enhanced and upgraded model to its customers....

Chinese crane manufacturer distributes Rs 70 crore as bonus

A Chinese company sparked controversy by piling up 61 million yuan (around $9 million) in banknotes on a stage and giving it to employees...

Latest

Uber Freight to sack 3% of its workforce

Uber Freight announced on Tuesday that it will be cutting around 150 jobs, which is roughly 3 per cent of its total workforce. As...

Future Generali India gets Reena Tyagi as CHRO

Reena Tyagi has joined Future Generali India Life Insurance as its new chief human resources officer. Tyagi has been a human resource professional for...

Bombay HC: Financial crisis is no excuse for not paying employee

A city labour court ruled that  financial crisis cannot serve as a reason for not paying employee salaries and ordered a computer services company...

Zomato announces openings for 800 people across 5 roles

Zomato's founder, Deepinder Goyal, announced in a LinkedIn post that the company is planning to hire 800 people for various positions including engineers, product...

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...