Tag: revenue

PVH Corp. to cut 10% jobs, reduce costs

PVH Corp., the American clothing company, is planning to lay off 10 per cent of its workforce. The Company, which owns brands such as Tommy...

Attrition rate at HCL Tech increases to 23.8%, net profit up...

As on 30 June 2022, HCL Technologies reported an attrition rate of 23.8 per cent. This is kind of alarming since the attrition rate...

Wipro to take on 17,000 from campuses

The rising attrition has forced Wipro to ramp up its hiring plan. It now intends to increase its hiring. Earlier, Wipro had announced that...

Strike at Bokaro Steel Plant for pay revision

For the second time in about three months, the workers at the Bokaro Steel Plant (BSL) halted work to demand pay revision, which has...

Leegality to hire from across India, double workforce

Leegality, the eSign, eStmap and document workflow platform, has set itself a target of 10x growth in revenue in a year’s time. Anticipating huge...

IndiGo employees to return to work, LWP removed across departments

Ronojoy Dutta, CEO, IndiGo, in a letter to his employees, announced the decision to give paid leave to all employees from January 1, 2021...

Q1 net profit falls by 13.8% for HR firm, TeamLease Services

The consolidated net profit of human resources firm, TeamLease Services, was Rs 18.8 crore, which indicates a drop of 13.8 year-on-year (YoY). The Company’s total...

Google employees  protest against mass layoffs

Google, the tech giant, recently fired approximately 12,000 employees in January, which resulted in protests from workers in both the US coasts. The workers...

Latest

Why global trends such as rage applying don’t take India by storm

Rage applying, the latest corporate trend, has taken Gen Z workers by storm. Similar to quiet quitting, rage applying started off as a TikTok...

Does Amazon time its employees’ toilet breaks?

Amazon is grabbing headlines for the wrong reasons yet again. During a protest by its warehouse employees in Britain, some employees have made certain...

Will global companies offshore cheap labour amidst a slowing economy?

With uncertainty around  economic conditions mounting with each passing day and markets slowing down, globally, companies are experiencing a dip in revenues. Naturally, this...

‘Revise wages periodically in public interest’: SC to public employers

According to the Supreme Court, State and public employers are obliged to revise wages for their employees periodically, considering the adverse effects of price...

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...