Tag: revenue
Meta to slash more jobs and projects to mitigate costs
Meta is reportedly seeking help from lawyers, financial consultants and human resources personnel to prepare plans to shrink the hierarchy within the firm.
The parent...
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...
How this energy company is championing employee inclusivity & engagement
In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...
Trident’s Asmita leaves blossom into inclusive workplaces
Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
Engagement is outdated: The future of success lies in ‘employee involvement’
In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel: Journey through excellence in talent acquisition
Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...
Toshiba to let go 5000 in Japan
Toshiba is contemplating a significant downsizing of its workforce in Japan, eyeing a reduction of about 5,000 positions. The move is said to affect...
Latest
AuthBridge gets Payal Aggarwal as VP-HR
AuthBridge Research Services has appointed Payal Aggarwal as its new vice president-human resources. In her new capacity, Aggarwal will play a pivotal role in...
Hiring rose 46% for ML engineers, 23% for full-stack AI scientists
There was a significant 46 per cent growth in hiring for machine learning engineers’ roles in India, while hiring for full-stack AI scientist roles...
Marvel to cut roles across departments
Marvel, the Hollywood entertainment chain, has initiated a workforce reduction, letting go of employees across various departments. This strategic move aligns with Bob Iger,...
Santosh Rai appointed head-HR, L&T, Precision Engineering and Systems
Santosh Rai is now head-human resources, Larsen & Toubro Precision Engineering and Systems IC. He will be based out of Mumbai, Maharashtra.
Till now he...
DIALOGUE
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
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....
