Tag: low sales

Over 1,100 employees laid off at Shoppers Stop

Around 1000 frontline workers at one of India’s oldest retail chain, Shoppers Stop, have lost their jobs to the covid-19 pandemic. As is the...

Job cuts at CNN, affected staff to be informed soon

A ‘gut punch’ is what Chris Licht, CEO, CNN rightly described the announcement of layoff plans as. Licht recently sent a memo to the...

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Casagrand takes 700 employees to Switzerland

Casagrand, the real-estate development firm from South India, is rewarding its employees for their hard work and for helping achieve the sales target last...

Prismforce raises $13.6 million in Series A round

Prismforce, a vertical SaaS firm focused on enabling IT companies to build a digital first, agile talent-supply chain, has raised funds to the tune...

Will wage ceiling for EPFO’s retirement saving scheme be revised?

As per media reports, there is a likelihood of the Government revising the wage limit for the retirement saving scheme of the Employees’ Provident...

Sudden layoff of entire team of 2,700 at US furniture company shocks workforce

About 2,700 staff members of a furniture company in Mississippi were sent a text close to midnight informing them that their services were no...

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...