Tag: Restructuring

Harley-Davidson to slash 500 jobs as part of five-year recovery plan

With sales plunging in the US, Harley-Davidson is planning to slash 500 jobs this year. These layoffs are part of a restructuring strategy being...

Salary restructuring at Yes bank amidst Covid menace

On May 31, Yes Bank announced the restructuring of salaries for its senior leadership team, and also mandated that nearly a third of their...

450 BBC newsroom employees to be laid off

Close on the heels of Tony Hall, director general, British Broadcasting Corporation (BBC), stepping down, the British public service broadcaster has decided to let...

HP India to slash 7000 – 9000 jobs globally in 3...

Multinational information technology company, Hewlett-Packard (HP), is expected to lay off 500 employees in India. The Company is gearing up to restructure globally and...

Over 15000 jobs to be cut at Deutsche Bank

Deutsche Bank, the German multinational investment bank and financial services company is planning a revamp estimated to cost $5.6 billion, which will see more...

Cathay Pacific set to cut overseas jobs as part of restructuring

The airline is attempting to slash HK$4 billion from its books to reverse two consecutive years of losses.

Tesla to layoff 9% workers

Employees to be affected by this layoff will be informed by end of this week. Tesla will provide significant salary and stock vesting to those affected.

Coca Cola’s corporate restructuring plan to create more jobs

HCCB intends to maintain a leaner corporate office, while strengthening the sales and supply chain.

Tata Motors to restructure its workforce, tone down hierarchies

 

From a 15–16 level hierarchy, the organisation is moving to a five-level one.

 

Mona Cherian is president & group head-HR, Thomas Cook

With over 30 years of professional experience, Cherian began her career as an associate professor at Sophia College.

Restructuring at Isuzu Motors India

Naohiro Yamaguchi has taken over from Takashi Kikuchi as the new managing director of Isuzu Motors India.

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With four generation of employees at the workplace, the game has changed drastically for organisations today. There is a greater need for the leaders...

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7 Employee Engagement Strategies to Adopt Post Lockdown Period

The ongoing pandemic has pushed many businesses into a state of turmoil. Several countries had to initiate lockdown procedures to stop the spread of...

The undeniable link between employee benefits & engagement

With most of the millennials already in the workforce and Generation Z slowly increasing its footprint in the corporate world, Employee Perks and Benefits...

5 Employee Benefits Your Workforce Actually Wants

Retaining employees is a marathon and not a sprint. We have moved past the age when a handsome  salary was all that employees sought....

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OIL gives jobs to family members of deceased firefighters

After a massive blowout at the Baghjan Oil Field in Assam’s Tinsukia district, two firefighters lost their lives on duty. As a tribute to...

Rules for Code on Wages to be implemented by September 2020

The Centre will implement the rules for Code on Wages 2019 within two months. Post amendment and consolidation of wage-related laws, the draft rules...

ICICI rolls out 8% salary hike for its 80,000 frontline employees

Close on the heels of several social-media tweets claiming that ICICI Bank had forcefully terminated some of its employees, the private-sector bank has gone...

TCS to honour 40,000 offers made to fresh recruits

Tata Consultancy Services has begun contacting its fresh hires, whose onboarding had gone on hold due to the delay in the academic year of...

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The right people policy for startups – Madan Nagaldinne

You happen to have worked mostly with large organisations. How different is it working for a startup now? When you have worked for big...
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“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...

Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...

“Traditional organisations use ‘startups’ as proxy to build an agile organisation,” Rahul Garg, founder,...

Moglix offers a variety of products from safety and electronics to office tools. The Company aims to make an impact worth $100 billion dollars...