Tag: severance package

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...

Job cuts at CNN, affected staff to be informed soon

A ‘gut punch’ is what Chris Licht, CEO, CNN rightly described the announcement of layoff plans as. Licht recently sent a memo to the...

Latest

Airtel to hire women engineers, offer WFH options

Having rolled out its 5G Plus services in about 12 cities across India so far, Airtel is now all set to have more women...

Why Future Generali staff walked in the shoes of the specially abled for a...

A lot has been said about how people should be empathetic towards the specially abled and how they should be treated as equals. However,...

Amazon may let go hundreds in India as it closes verticals

Amazon India is expected to render hundreds of people jobless as it winds up Amazon Distribution, its wholesale e-commerce website. The e-commerce company is...

In the age of specialists, how important are transferable skills?

Transferable skills, also known as ‘core skills’ or ‘soft skills’, are developed by people over time. These skills not only add versatility to an...

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...