Tag: losses

Strike at Bokaro Steel Plant for pay revision

For the second time in about three months, the workers at the Bokaro Steel Plant (BSL) halted work to demand pay revision, which has...

Heineken incurs losses, lays off 8,000

Heineken, the Dutch brewing company, will be asking about 8,000 employees to leave after having posted net loss of $247 million in 2020. It...

Adidas may sell Reebok, thousands of jobs at risk

A decision is yet to be taken regarding whether to sell Reebok or not, but Adidas is reportedly considering it. The subsidiary, which was...

5,000 more may be laid off at Thyssenkrupp

Following huge losses, of up to €1.6 billion ($ 1.9 billion), the German multinational, Thyssenkrupp, is considering laying off 5,000 more people from its...

Shell to slash 9,000 jobs, shift to low-carbon energy

Royal Dutch Shell is set to slash about 7,000 to 9,000 jobs by 2022, that is more than 10 per cent of its workforce,...

Tata Motors to lay off 1,100 at JLR unit

Tata Motors is planning to lay off 1,100 temporary employees at its luxury Jaguar Land Rover (JLR) unit, in pursuit of a target of...

HSBC announces 35,000 job cuts as profit falls in 2019

Europe’s largest bank, HSBC, has reported a 33 per cent fall in 2019 pre-tax profit, to $13.35 billion after it took goodwill impairment of...

South African Airways in a hurry to cut jobs and reduce...

South African Airways (SAA) is planning to decrease its wage bill by cutting jobs as soon as possible. The state-owned airline had revealed in...

BSNL staff receive August salaries

Bharat Sanchar Nigam (BSNL) as well as Mahanagar Telephone Nigam (MTNL) have been incurring losses for some time now. As a result, the two...

Uber incurs losses, stops hiring in the US temporarily

Hiring for software and services has been temporarily frozen at Uber Technologies, for the US and Canada operations, in the face of growing losses. The...

Maruti Suzuki trims workforce, lays off 1,000 temp workers

In an attempt to cut costs and tackle the slowdown that has hit the automobile industry, Maruti Suzuki India has laid off more than...

Employees of BSNL awaiting February salaries

Bharat Sanchar Nigam (BSNL), the State-run telecom company, has not paid the February salaries to almost 1.76 lakh employees owing to a financial crisis....

BSNL cuts costs, freezes employee benefits, plans to offer VRS

Bharat Sanchar Nigam Limited (BSNL), the State-owned telecommunications company, which has been reporting losses since 2016, is taking severe measures to cut costs in...

How personalised & curated digital learning is the recipe for successful...

Personalised and curated digital learning can help create time-efficient, relevant and targeted corporate training programmes. In an evolving business landscape, learning and development (L&D) and...

Make mental health a part of your return-to-work plan

While people typically tend to resent change, the past year and a half has been fraught with changes and challenges, which were unavoidable. We...

Competing with Self

Job seekers can stay in Germany for 6 months to hunt...

The job-seeker visa for the Country is a long-term residency permit, which allows applicants six months to hunt for a job, and grants them...

Latest

Why is the world divided on work from home?

With the big giants in the IT sector, including TCS, Wipro and Infosys, already starting to bring back their workforces to the office in...

Why are apprentices in demand in the manufacturing and engineering space?

An apprenticeship or internship has been a staple step for those beginning their professional careers, irrespective of the field. While employers benefit because apprentices...

Employee interaction significantly down: Microsoft remote-work study

A study on the communication habits of Microsoft employees pointed to the lack of inter-team communication in the work- from-home era. The survey that...

What’s in Piaggio’s robust leadership development programme?

At Piaggio, there is a culture to identify the best of talent at a very young stage and provide them the platform to grow...

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...