Tag: severance pay
Air India sets aside up to 200 crore worth severance pay...
Air India, a Tata Group-owned airline, is reportedly offering a voluntary retirement scheme (VRS) to almost 2,000 employees and has assigned up to Rs...
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...
Severance package costs $640 million for 18000 laid off amazon employees
Last month, Amazon laid off over 18,000 employees and, as a result, the company incurred a cost of $640 million in severance packages in...
Cutting 10,000 jobs; decisions are difficult, but necessary: Microsoft CEO
On January 18, 2023, Microsoft announced that it will be cutting 10,000 jobs by the end of the third quarter of 2023. In a...
Ex-employees will get severance pay: Twitter
On January 8, 2023, Twitter gave severance agreements to the ex-workers who left in November 2022.
In early November 2022, Twitter laid off almost half...
170 out of the 250 left at Twitter reportedly fired on...
Since Elon Musk acquired Twitter in late October of this year, it has been difficult for the company's employees. Days after the acquisition Musk...
Will Twitter deny severance pay to cut costs?
In a bid to cut costs, Twitter has reportedly not paid up the rent for its global offices and its San Francisco headquarters. The...
Accenture to offer 7-month severance pay
About four weeks ago, Accenture had decided to lay off about five per cent of its global workforce, which means about 10,000 employees in...
Hundreds of Walmart jobs being cut at its 5 e-commerce fulfillment...
Walmart has been in the news lately for laying off several employees at its five e-commerce fulfillment centres across the US due to a...
Latest
“HR focus will dwell upon operating at lower costs and raising productivity,” Ramesh Mitragotri
2022 was a volatile year for HR & workforce
The year for many businesses did not look bright as had been envisaged in the previous...
Chip slowdown compels chipmaker, Marvell, to cut 4% of workforce
Citing industry slowdown as the reason, Marvell Technology has announced a workforce reduction of approximately 4 per cent. The cut translates to around 320...
Min.salary Rs 43 lakh for foreign service officers in Canada
Those keen to work as foreign service officers with the Immigration, Refugees and Citizenship Canada (IRCC) may apply before 30 June, 2023. The job...
Dixon Technologies gets a new CHRO in Arjun Singh
Arjun Singh has been appointed as the chief human resource officer (CHRO) of Dixon Technologies, a leading electronics manufacturer in India. Singh brings with...
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...
