Tag: severance

Nike’s $400 mn in severance to save $2 bn in costs

While Nike is gearing to lay off hundreds from its workforce to cut costs of up to $2 billion, it will be spending about...

At least 150 may be laid off at Navi Technologies

Navi Technologies, the non-banking financial company (NBFC) — dealing in digital loans, home loans, mutual funds, health insurance and micro-loans — is set to...

Laid-off Googlers get more disappointing news

As if mass layoffs weren’t bad enough, Google managed to disappoint its laid-off employees yet again. The Company sent them an e-mail that indicated...

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...

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 upscales ‘Saudisation’ drive with HR jobs restriction

Saudi Arabia has taken a further step in its ‘Saudisation’ labour policy, reserving human resources (HR) positions for Saudi nationals only. This move, announced...

Latest

“It’s essential to learn new technologies and adapt them swiftly,” Sushil Baveja

Talent tango: Fresh faces, sharp skills, or tech triumph? HR’s 2024 balancing act The interconnectedness of growth, innovation and talent retention is undeniable. An organisation’s...

Retired workers of J&K Cements await payment of pending benefits

Approximately 600 retired employees of the disbanded J&K Cements have been tirelessly seeking justice since 2021, as the Department of Industries and Commerce (I&C)...

‘Growth in tier 3-5 cities to boost employment for talented professionals,” Sudakshina Bhattacharya

Talent tango: Fresh faces, sharp skills, or tech triumph? HR’s 2024 balancing act Prioritising talent acquisition and development remains a paramount trend. With the continual...

Dell announces workforce reduction amid sluggish PC demand

As a part of a broader cost-cutting initiative, Dell Technologies has announced a workforce reduction. The decision comes amidst a prolonged period of sluggish...

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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