Tag: SoftBank

Is SoftBank laying off 30% of Vision Fund team?

The investment division of SoftBank, the Vision Fund, is reportedly being downsized. About 150 people from the 500-strong team may lose their jobs reported...

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...

Krish Shankar debuts as an author with ‘CATALYSE—Power up your people...

Krish Shankar, group head-HR, Infosys, has turned author with his debut book, CATALYSE—Power up your People Ecosystem. The book talks about the secret sauce to...

Work-from-office thrice a week for Flipkart staff

Come December, employees of Indian e-commerce firm, Flipkart, will return to office for three days a week. By then, the Company hopes to achieve...

Unacademy triples valuation to $1.45 bn; enters unicorn club

Gaurav Munjal-led Unacademy tripled its valuation to 1.45 billion after raising funds to the tune of $150 million from Masayoshi Son-led Softbank’s Vision Fund 2. The...

Livspace lays off 450; WeWork slashes 20% jobs

Bengaluru-based home design and decor startup, Livspace, has reportedly laid off close to 450 employees from its 2,800-strong workforce.  This news of layoff comes...

Former SoftBank employee accused of spying

Police in Japan have arrested a former employee of SoftBank for spying for Russia. The employee in question has been accused of stealing proprietary...

SoftBank offers $20 million to employees to buy stakes in second...

SoftBank, which invests in startups across the world, desires its employees to buy stakes in its second Vision Fund worth $108 billion. To make...

SoftBank appoints Hunt Partners for senior talent search

The mandate involves identifying and onboarding the right leadership talent in the Indian market.

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

Hirect fires 40% workforce as part of strategic changes

As part of organisational restructuring and strategic changes in its business model, Hirect, a chat-based direct-hiring platform for startups, has laid off 40 per...

Dentsu India ropes in Unmesh Pawar as CPO

Denstu has appointed Unmesh Pawar as the new chief people officer for India and South Asia. Before Pawar, Rohit Suri who moved on to...

‘Work from office 4 days a week’: Snapchat to employees

Snapchat has asked its employees to come in to office for 80 per cent of the time, that is, four days a week. The...

ASHA workers protest in Bengaluru, demand timely salary, incentives

On 30 November, 2022, the Accredited Social Health Activists (ASHA), who work in Bengaluru Urban limits, held a protest to draw attention to their...

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...