Tag: severance pay
Pristyn Care announces workforce reductions
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...
Twitter is facing another lawsuit
Elon Musk's Twitter is currently facing its second lawsuit this month, filed by an ex-Twitter employee who worked as an engineer at the social...
Former employees of Twitter Africa abandoned without severance pay
Former employees of Twitter Africa in Accra, Ghana, who were laid off after Elon Musk's acquisition, claim they have been ‘ghosted’ by the company....
Twitter in a soup for violating severance plan
Twitter, a social media company, is facing a lawsuit after allegedly failing to provide promised severance payments to thousands of employees laid off following...
LinkedIn axes 700+ jobs, will withdraw InCareer app in China
Microsoft-owned LinkedIn, the employment-focussed social-media network, has revealed its plans to axe about 716 roles. Additionally, it has decided to withdraw its local jobs...
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...
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...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
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...
Freixenet to cut 80% roles
In a stark response to the relentless drought crippling Catalonia's Penedes region, Freixenet, the Spanish cava (wine) producer, unveils a drastic plan. The company...
Latest
Spotify’s layoff fallout: CEO admits challenges despite profits
Spotify, the music-streaming platform, made headlines last December when it executed its largest ever round of layoffs under the leadership of Daniel Ek, CEO,...
Harness.io: Cultivating a talent powerhouse in the tech crucible
The tech scene, be it in India or San Francisco, is equally crucible, fiercely competitive and unforgiving. In both the landscapes, attracting and retaining...
Kimbal Technologies names Jaya Suri as CHRO
Jaya Suri has joined Kimbal Technologies (formerly Crystal) as its chief human resource officer (CHRO). An alumna of IBM, Suri has completed her bachelor’s...
Non-compliance to return-to-office mandate results in lower pay hikes for TCS staff
The regular office goers have received better hikes at the tech multinational
Tata Consultancy Services (TCS) reportedly granted pay hikes to its employees based on...
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....
