Tag: recession

No hikes for Microsoft’s full-time staff this year?

With an aim to invest in long-term opportunity, Microsoft is trying to align its spending with revenue and customer demand. As part of this...

Will Amazon lay off 17,000?

It is true that Amazon had plans to reduce the size of its workforce. However, the number of job cuts may be more than...

Job cuts at Goldman Sachs too?

In addition to the yearly weeding out of underperformers, this year Goldman Sachs is going to lay off hundreds of people as it braces...

HealthifyMe cuts 150 jobs amidst recession fears

HealthifyMe, an Indian startup, has laid off 150 of its staff at a time when the world is expecting recession fears. In its statement...

Quess Corp crosses 5 lac active associate mark; witnesses highest growth...

Quess Corp, the business service providing company and amongst the largest employers in the private sector in India, has crossed the 5,00,000+ active associate...

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...

Meta to cut costs, freeze hiring, restructure groups

Is Meta experiencing a crisis? That is the question uppermost in the minds of most people as the parent company of Facebook has announced...

Only 3.5% joblessness in the US, 5.28 lakh jobs added in...

While recession has not set in yet, it may not be too far away either feel some experts. At a time when economists were...

Amazon has laid off 1 lakh

With Amazon realising it has more employees than it requires — having hired more during the demand surge due to the pandemic, and to...

Layoffs begin at Tesla

It hasn’t been long since Elon Musk, CEO, Tesla had expressed concern over the state of the economy and that a 10 per cent...

Coinbase to cut 1100 jobs

Coinbase, the global trading platform for crypto currency, has announced that it will lay off 18 per cent of its workforce, that is, about...

Australia to spend A$11.3 billion on infrastructure to create jobs

The Government of Australia is planning to spend an additional A$7.5 billion (US$5.4 billion) on infrastructure projects, in an attempt to create more jobs...

Singapore experiencing worst recession, highest unemployment rate in over 10 years

Ever since the global financial crisis in 2009, the unemployment rate in Singapore has not been this high. The first quarter saw the rate...

Indian Gen Zs are keen on learning rather than stability at...

The employers of today are familiar with Gen Z— a generation born between 1996 and 2010. Though many of them are still aged around...

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...

Toshiba to let go 5000 in Japan

Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...

Latest

Uno Minda hires Rakesh Mehta for CHRO role

After serving as executive vice president and head-HR at JSW Energy, since 2018, Rakesh Mehta has joined Uno Minda as the chief human resource...

Vistara’s non-flying staff will get clarity about new roles in May-June

Vistara is in the process of being merged with Air India, and the former’s non-flying employees have been anxious about what their roles will...
Google layoffs

Google terminates 28 employees over Israel protests

Google terminated 28 employees following protests staged by a small group of Alphabet workers against the tech giant's collaboration with Israel. The protests, which...

Noventiq to hire 500 for AI team; opens office in Bengaluru

Noventiq, the IT solutions and services firm, has launched a new office in Bengaluru, to serve as a hub for its projects, both domestic...

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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