Tag: reduction
SolarEdge to reduce global workforce by 16%
SolarEdge Technologies is implementing a substantial workforce reduction, impacting approximately 16 per cent of its global employees, as a key element of the company's...
Delhi job market grows by 52,420, while Bangalore’s drops by 41,208
From September 2022 to July 2023, unicorn companies in Delhi increased their total workforce by 52,420. Meanwhile, according to reports, Bangalore companies reportedly decreased...
Ericsson to implement job cuts in North America amid global workforce...
Ericsson, the multinational technology company, has announced plans to carry out job cuts in North America affecting up to 750 individuals, later this year....
Twitter’s parental leave to be down from 4 months to 2...
Twitter, under the leadership of Elon Musk, has announced changes to its paid parental leave policy. Previously, Twitter had offered its employees an impressive...
Delhi HC dismisses petition challenging allowance reduction of Air India staff
The Delhi High Court dismissed two petitions filed by India Aircraft Engineers' Association and Air India Aircraft Engineers' Association which alleged that Air India...
What’s high on the agenda for CHROs?
What is the top priority for the heads of human resources of Indian companies in the post-COVID era? If your answer is ‘compensation and...
GVK Group slashes up to 30% salaries w.e.f May
GVK Group has slashed up to 30 per cent salaries of over 1800 employees across verticals. The Indian conglomerate dealing in energy, resources, airports,...
Volkswagen to cut 4000 jobs in Germany
In an endeavour to bring about a digital transformation in the organisation, Volkswagen AG has decided to cut 4000 jobs in the administration department...