Tag: profits

Is Swiggy preparing to lay off employees?

In addition to losses, Swiggy, the food-delivery platform has been grabbing headlines for the ongoing strike by its employees in Kochi. Now, according to...

Amazon to lay off 10,000 amidst increasing losses

That recession is looming large is quite certain now as there are reports of Amazon planning to ask about 10,000 of its employees to...

Shell earns bumper profits, gives 8% bonus to staff

There is much reason for the 82,000-strong workforce of Shell to rejoice. The energy company has witnessed record profits, and has decided to give...

Capcom shares profits with staff, hikes salaries by 30%

Having posted record sales and profits, Capcom, the Japanese video game developer and publisher, is all set to share its good fortune and success...

Crypto jobs, profits on the rise in the US

Crypto jobs are on the rise in the US. The cryptocurrency market is flourishing and making big profits. As a result, people with low-paying...

SBI posts profits, to give staff 15 days’ pay as PLI

State Bank of India will be paying its employees 15 days of pay as performance-linked incentive. The Indian public-sector bank recently reported an 80.15...

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...

Meta’s middle managers are now on notice

Having sacked over 11,000 employees in a layoff news that created waves, Meta is now looking to axe middle-management roles. The tech giant has already...

Latest

OLX, Intel, Impossible Foods, and Philips layoff globally

Intel is cutting 340 jobs at its Folsom, California campus, as informed to state and local officials.   The layoff is announced due to a ‘challenging...

Pension reforms being pushed forward: France goes on strike

A nationwide strike on Tuesday marched in opposition and caused disruptions in French public transportation as protests took place across the country in response...
video

IR Talks with Sarajit Jha, chief business transformation & digital solutions, Tata Steel

Sarajit Jha, chief chief business transformation & digital solutions, Tata Steel talks to Prajjal Saha, editor, HRKatha on Tata Steel's extraordinary approach on digitalisation...

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...

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...