Tag: NASDAQ

Lyft to reduce workforce by 13%

Nasdaq listed ride-hailing technology company Lyft Inc. has said that it will reduce its workforce by 13 per cent. This means around 683 people...

Paycor shares increase 20% in NASDAQ debut

Shares of Paycor, the human capital management company, went up 20 per cent in its Nasdaq debut on July 21. The human capital management...

Severance package costs $640 million for 18000 laid off amazon employees

Last month, Amazon laid off over 18,000 employees and, as a result, the company incurred a cost of $640 million in severance packages in...

Latest

CFO highest paid CXO amongst BSE 100 companies

The chief technical officer (CTO) is the second highest paid CXO amongst BSE 100 companies. So, who earns more than a CTO? It is...

SAP, Hasbro, Sirion Labs, Tier lay off employees

SAP SAP announced on Thursday that it will be cutting 2.5 per cent of its worldwide workforce. The decision has been taken as a step...

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...

Economic challenges & reduced spending leads to more layoffs

PayPal revealed that it is cutting 2,000 full-time positions globally, which makes up about 7% of its workforce. The digital payments company has said...

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...