Tag: reduction of workforce

Exxon Mobil to slash 1,900 jobs in the US, 14,000 globally

Amidst the drop in demand and pandemic-induced crisis, Exxon Mobil is planning to let go one fourth of its workforce in the US. This...

Additional fines for violating worker safety regulations: Amazon

The U.S. Occupational Safety and Health Administration (OSHA) has issued citations to three Amazon warehouses for hazardous working conditions leading to serious worker injuries. Inspectors...

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Hein Schumacher to take over as CEO, Unilever in July, 2023

Unilever has found its new CEO after a widespread global hunt. Hein Schumacher will be appointed Unilever CEO designate on 1 June 2023 and...

Bangladesh Government to review salary for garment workers

The Bangladesh government is preparing to evaluate the minimum monthly salary for garment workers. The Department of Labour, under the Ministry of Labour and...

mCaffeine ropes in Neetha Thomas as head – people function

Neetha Thomas is head – people function, mCaffeine. Before joining the Indian caffeinated personal care brand, Thomas was vice president – human capital &...

3% of global workforce laid off from Workday

Workday Inc., a provider of business software solutions, has announced that it will be cutting 3% of its worldwide workforce due to the current...

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...