Tag: profits

Volkswagen trimming workforce in pursuit of profits

To enhance profitability, Volkswagen has announced its plans to reduce its workforce in the coming year. The decision comes as the car manufacturer aims...

The Washington Post to reduce headcount by 240 amidst dwindling subscriptions

Amidst dwindling subscriptions and advertisements, The Washington Post is looking to axe 240 jobs. It plans to bring these job cuts into effect by...

Japanese company’s family-friendly policies boost fertility and profits

Itochu Corp., one of Japan's leading trading houses, has defied the country's declining birthrate trend by effectively implementing measures to promote work-life balance and...

Wipro’s voluntary attrition rate falls; head count dips by 1,823 in...

As per Wipro’s financial results for Q4, the company witnessed a dip in employee count in the January to March quarter of 2023. The...

TCS, Infosys, HCL have hired less in Q4 than last year

It’s not just Alphabet, Salesforce, Amazon, Disney and Meta that are slowing down hiring, many Indian multinationals have also hired less than the previous...

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...

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Saudi Arabia upscales ‘Saudisation’ drive with HR jobs restriction

Saudi Arabia has taken a further step in its ‘Saudisation’ labour policy, reserving human resources (HR) positions for Saudi nationals only. This move, announced...

Latest

High Court upholds retrospective regularisation rights

In a recent judgment, the Srinagar High Court emphasised the rights of temporary employees. The court stated that those engaged continuously for more than...
WiseX hiring

Storable to expand in India; to increase team strength from 60 to 120

Storable, a US-based provider of self-storage technology solutions, has unveiled its new office space in Knowledge City, Hyderabad. With ambitious plans to double its...

“It’s essential to learn new technologies and adapt them swiftly,” Sushil Baveja

Talent tango: Fresh faces, sharp skills, or tech triumph? HR’s 2024 balancing act The interconnectedness of growth, innovation and talent retention is undeniable. An organisation’s...

J&K HC: No promotion denial for employees who avoid court during employment

The High Court of Jammu & Kashmir and Ladakh ruled that an employee shouldn't be denied promotion benefits just because they didn't go to...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

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....
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