Tag: severance package

Pristyn Care to axe 1700 roles

Pristyn Care, a surgery-focused hospital chain, has implemented a workforce reduction of seven per cent. The decision is said to be a part of...

Google’s ongoing job cuts: Over $700 million spent on employee severance...

Google's layoffs continue, with the tech giant already spending $700 million in severance charges this year after axing over 1,000 roles. This follows the...

Nielsen trims global workforce by 9%

In a bid to secure financial stability, Nielsen has announced workforce reduction. The company will reduce headcount by 9 per cent, globally. The company...

Google cuts severance pay; approved medical and maternity leaves also affected

After letting go of 12,000 staff members in January, Google may cut severance pay along with declining to honour several other leaves. As reported...

Ford India strikes final settlement deal with unions

Ford India has decided on a final severance package for its employees following the closure of its plant in Tamil Nadu. Earlier this month, it...

Ford India workers call off strike, factory operates on single shift

The workers at Ford India’s Chennai plant, who have been on strike since 30 May, demanding a better severance package, have called off the...

Ford India workers unhappy with severance package, demand higher compensation

About 2000 protesting workers, of Ford's Chennai plant, who were eagerly awaiting the announcement regarding their severance package, were disappointed with what was offered...

Laid off Ford India workers demand severance package

Since Monday, about 2000 workers at the Maraimalainagar plant of Ford India, in Chennai, are on a sit-in and sit-out protest. These laid off...

2 years’ salary as severance package to retiring CEO

Dave Wichmann, the CEO of UnitedHealth Group, who retired last week, after serving in the Company for over two decades, will be paid two...

Former McDonald’s CEO accused of covering up and lying

Nine months after Steve Easterbrook was ousted from McDonald’s, the former CEO of the fast-food chain has been accused of covering up his misdeeds...

Pfizer announces severance package for staff of Chennai, Aurangabad

Pfizer, the pharmaceutical company, has announced the job severance package for the employees of its Chennai and Aurangabad units, which are set to close...

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...
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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 employee vehicle ban

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...

Saudi Arabia expands saudisation programme in aviation

The Saudi Arabian Ministry of Human Resources and Social Development, in collaboration with the Ministry of Transport and Logistic Services, has announced the second...

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Siemens Smart Infrastructure gets Apeksha Jain as head-HR

Siemens Smart Infrastructure has appointed Apeksha Jain as its new head-human resources. Jain brings over 15 years of expertise in the realms of food...

Bumble to let go 350 to align future strategic priorities

In a move to enhance operational efficiency, Bumble has unveiled its recent restructuring plan. The company has announced to cut 350 jobs, constituting 30...

“Crafting optimal curricula for future skills in new-age industries,” Praveen Purohit

Talent tango: Fresh faces, sharp skills, or tech triumph? HR’s 2024 balancing act In the natural resources sector, our focus will remain on the following: •...

Byju’s employees left in limbo after rights issue

The processing of salaries for February at the Edtech major Byju’s has been delayed again. This time due to the funds raised through the...

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....
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