Tag: severance

Will Amazon layoffs spill into 2023?

According to a note sent by Andy Jassy, CEO, Amazon, to the employees, it has been mentioned that Amazon will continue to reduce headcount...

Seagate to lay off 3,000 as part of restructuring

With revenues dipping 35 per cent in quarter one of financial year 2023 and demand for falling too, Seagate Technology has decided to undergo...

Ford India makes final severance package offer to Chennai factory workers

Ford India has offered a final severance package to its workers at the Company’s Chennai factory unit. The package includes 130 days of gross...

Meesho cuts 300 jobs, closes Superstore

Meesho, the Bangalore-based Indian internet commerce startup, has had to let go about 300 employees, as it shut down Superstore, its supermarket chain, in...

Is Better.com gearing for another layoff round?

Better.com, digital mortgage lender hadn’t really recovered from the flak it received for way it had conducted layoffs earlier, and now there is news...

Sacked employee sues Tesla for ‘unprofessionalism’

A former Tesla employee, Roosevelt Jointer, from Reno, Nevada, has filed a case in a Texas court because the auto company sacked him without...

Unacademy lays off 6,000 as part of cost cutting

Unacademy, the Indian edtech startup, has let go of about 600 employees from its almost 6,000-strong team — about 10 per cent of its...

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

Karnataka Skill Connect Portal launched; to create 10 million jobs

The Karnataka Skill Development Corporation (KSDC), in association with the Karnataka Digital Economy Mission (KDEM), has launched the Karnataka Skill Connect Portal (KSCP), an...

MoD seeks reservation for ex-Agniveers in corporate jobs

Ministry of Defence (MoD) organised an interaction session on 30 November, 2022 with the Indian Defence Industry, under the aegis of the Society of...

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...

Zaggle announces 12-week fitness challenge for employees

Zaggle, a SaaS fintech company and a pioneer in digitising business spends has announced a 12 week-long fitness challenge for its employees to promote...

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...