Tag: punishment

Headmaster faces pay cut for not dressing like a teacher

The district magistrate of Lakhisarai, Bihar, ordered the salary of the headmaster of a high school in the district to be cut for turning...

$6 -$10 mn pay-cut for Goldman Sachs’ CEO, COO and CFO

David Solomon, CEO, Goldman Sachs saw his salary being cut last year, by $10 million to $17.5 million, in consultation with the board of...

Huawei employees punished for tweeting blooper

When two employees of Chinese phone maker, Huawei, decided to use their iPhone with a roaming SIM card to send a new-year message at...

Employers need to change work contracts warns UAE

The United Arab Emirates (UAE) has recently announced a change to its labour law, requiring employers to transfer their employees to limited-term contracts. The...

Latest

Who would like to join Twitter now?

Post Twitter’s acquisition by Elon Musk, the social-media company has been on a layoff spree. Not only did the Company fired many people from...

General Motors CEO and executives sued by employee union for failure to pay court

The employee union of the General Motors plant in Maharashtra's Talegaon has filed a lawsuit against the company's global CEO, Mary Barra, and other...

IBM misses cash target, axes 3,900 jobs

IBM is gearing to axe 3,900 jobs as part of an asset divestment exercise. The Company has been unable to achieve its cash target...

Godrej announces plans to hire 800-1000 employees in 2023

Godrej Properties, a leading real estate developer, has announced plans to hire 800-1,000 employees in 2023 as part of its robust land acquisition pipeline....

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...