Tag: stores

Best Buy to replace 5,000 full-time staff with 2,000 part-timers

Despite surging sales and demand, Best Buy, the American multinational consumer electronics retail company, is planning to eliminate 5,000 full-time positions. It intends to...

714 jobs to be lost, as Arcadia closes 31 more stores

The ongoing pandemic has forced the Arcadia Group to shut about 31 more stores. The British multinational retail group owns popular high-street retail clothing...

Debenhams, Arcadia to close stores; 25,000 jobs may be cut

Debenhams, the 242-year old British clothing retailer, with department stores in Denmark and the UK, is gearing to shut down its stores in Britain....

Esprit to slash 1200 jobs, close 50 stores in Germany

Esprit has announced its decision to lay off 1200 employees, which means, 20 per cent of its workforce. The international fashion house will be...

Walmart to expand its technology group by 2,000

American multinational retail company, Walmart, is all set to recruit 2,000 technology experts in 2019 to support the expansion of its stores and online...

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

Raj Raghavan joins CoreStack as CHRO

A seasoned HR professional, who has led HR for companies such as Indigo, Amazon and GE, Raj Raghavan has now joined CoreStack, the next-gen...

Ford, Gemini, Innovaccer, and Inmobi lay off employees

Gemini Gemini, a US-based crypto exchange, announced that it will  let go of 10 per cent of its employees. The reason given for the layoffs...

Did Elon Musk give away laptops to ex-employees?

In  recent months, Twitter has been undergoing frequent changes and updates, causing some instability. In the midst of this, Individuals who were laid off...

Will global companies offshore cheap labour amidst a slowing economy?

With uncertainty around  economic conditions mounting with each passing day and markets slowing down, globally, companies are experiencing a dip in revenues. Naturally, this...

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...