Tag: Restructuring
2,000 to be laid off at Jaguar Land Rover
Jaguar Land Rover is all set to shrink its global workforce by about 2,000 as part of a cost-cutting exercise. Employees have already been...
Wistron’s plant to resume operations under probation, hire 15,000
Wistron’s plant at Kolar, Karnataka, is all set to resume operations and hire about 15,000 workers for the purpose. The Company, which makes the...
Garbing layoffs as restructuring: it matters to those axed
Julie Sweet, CEO, Accenture, revealed mid-August that it plans to lay off five per cent of its global workforce, affecting around 10,000 in India....
The trend of garbing layoffs as restructuring
There has been a trend for companies, be it small organisations or big, to lay off people in the name of restructuring. While companies...
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.
Importance of the 3 new Cs — connection, communication and clarity
Speaking to clients, colleagues and business people alike, I notice that, now more than ever, it is important for us as personal, group and...
Ten key skills required in an age of digital transformation
As a growing number of organisations integrate digital technologies into all aspects of their business, digital transformation has come to be regarded as the...
ExxonMobil to slash 300 jobs in Singapore
About 300 employees of ExxonMobil in Singapore will be asked to leave, as part of a major reorganisation exercise. The American oil and gas...
Latest
“Focus on job sharing, internal talent mobility” – Raj Raghavan
2020: What to learn – what to erase
If someone had told me around this time in 2020, that the world will turn upside down...
Fidelity International announces ‘Family Care Leave’ policy
Fidelity International announced the launch of a 'Family Care Leave’ policy across the Company. It provides at least five days of paid leave per...
1.6 lakh Cognizant employees to get merit increments
Cognizant will reward its staff for their “professionalism, perseverance and client-centricity,” by giving out bonuses, promotions and merit-based increments, despite the challenges posed by...
4-month strike at Toyota plant in Karnataka ends officially
The workers’ strike at Toyota Kirloskar Motor (TKM) plant in Bidadi, Karnataka, which had been on for four months, has been called off officially....
DIALOGUE
Binding multi-faceted employees with Titan Values
Titan has different sets of employees for different functions and verticals, ranging from the shopfloor to the retail stores. How do you bring in...
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...
“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...
