Tag: slow

Microsoft’s ‘realignment’ exercise results in 1% reduction in headcount

That the economic environment is unfavourable is clear now, with even Microsoft downsizing. The tech major has cut 1,800 jobs as part of an endeavour...

Meta to reduce hiring of engineers

Expecting a recession, Meta Platforms Inc. has decided to hire lesser number of engineers than it had initially planned. Instead of 10,000 new engineers that...

Spotify slows hiring amidst uncertainty

Spotify, the global audio streaming platform — which reportedly already has a workforce of over 8,000, globally— plans to go slow in terms of...

Recovery for India’s ‘labour force participation’ to remain slow in the...

In the ‘World Employment and Social Outlook: Trends 2022’ report, the International Labour Organisation’s (ILO) comprehensive research team predicts that the labour market, which...

Wipro to utilise existing staff; defer campus offers, hikes, promotions

Wipro will be putting a stop to the hiring process for this financial year. It will instead focus on utilising the current staff effectively...

Chinese crane manufacturer distributes Rs 70 crore as bonus

A Chinese company sparked controversy by piling up 61 million yuan (around $9 million) in banknotes on a stage and giving it to employees...

Latest

SAP, Hasbro, Sirion Labs, Tier lay off employees

SAP SAP announced on Thursday that it will be cutting 2.5 per cent of its worldwide workforce. The decision has been taken as a step...

Bombay HC: Financial crisis is no excuse for not paying employee

A city labour court ruled that  financial crisis cannot serve as a reason for not paying employee salaries and ordered a computer services company...

Geetika Mehta is Ananta Capital’s new group CHRO

Ananta Capital has roped in Geetika Mehta as group chief human resource officer. An alumna of XLRI, Jamshedpur, Mehta began her HR journey with Mondelez...

EPFO may amend pension scheme

The Ministry of Labour and the Employees’ Provident Fund Organisation (EPFO) are planning to re-examine the Employee Pension Scheme (EPS) so that it becomes...

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...