Tag: termination

Has FIS asked 400 Pune employees to leave?

Fidelity National Information Services (FIS), Pune, the Indian arm of the American multinational fintech firm, is on a layoff spree, to deal with redundancy....

Thousands may be laid off at Meta this week

Meta, which is Facebook’s parent company, is all set to lay off thousands of employees this week. As per Wall Street Journal, a formal announcement...

Employment basis false info can be terminated: SC

Employees who produce false information regarding their suitability for a job or get appointed basis their suppression of their past records or history, such...

Assam Fisheries Development Corp. may terminate 217 staff members

The future of 217 employees of the Assam Fisheries Development Corporation (AFDC) hangs in balance, as it has been alleged that they got their...

“Get jab by Jan 14 or lose job”: Citigroup to staff

To ensure that its employees get vaccinated, Citigroup, the American investment bank and financial services company has issued an ultimatum to its workforce in...

Presence at US Capital riots cost many their jobs

When videos showing rioters storming the US Capitol surfaced on social media, little did some of the rioters know that their companies would terminate...

Deutsche Bank to shut 200+ branches , 350 jobs at risk

Deutsche Bank’s retail banking sector plans to close 200 branches over the next two years. This means, about a 100 branches of Deutsche Bank...

Google in the dock for forcing Black tech co-lead to resign

Over 1,400 members of Google’s workforce have come together to protest the firing of Timnit Gebru, technical co-lead at the technology company’s ethical artificial...

Will terminating underperformers safeguard the remote working setup from toxicity?

The pandemic has led to a majority of the workforce working from home. With remote working come several challenges, most of which revolve around...

GVK-EMRI to stop ambulance service, lays off 1000 employees

About 650 employees from the 1000-strong workforce of GVK-Emergency Management and Research Institute (EMRI) have been served termination notices quite unexpectedly, on September 11. Apparently...

The trend of garbing layoffs as restructuring

There has been a trend for companies, be it small organisations or big, to lay off people in the name of restructuring. While companies...

Fixed-pay contract staff cannot be terminated without inquiry: Gujarat HC

A ruling by a two-judge HC bench states that charges cannot be levelled against employees working on fixed-pay contract without a proper departmental inquiry. The...

150 asked to resign at HDB Financial Services, based on performance...

HDB Financial Services has asked almost 150 employees to resign following a performance review. However, the employees who were asked to submit their resignations...

Fareportal fires employees, Govt seeks clarifications

Despite notices issued by the Maharashtra government that employers should refrain from laying off employees during the lockdown, US-based travel company, Fareportal, has gone...

Offboarding process for those terminated

Resignations can be of two types, voluntary and involuntary. In the former, employees leave on their own for various personal reasons. In the latter,...

Google terminates employee for leaking official documents to media

Taking strict action against its employees for violating company policy and participating in activism at work, Google has terminated one employee and sent two...

Employees stage protest against Ford India for terminating a co-worker

An employee, who was terminated for misconduct at Ford India’s plant at Sanand, Gujarat, happened to be a union leader too, and therefore, his...

Terminated contractual nursing officers sit in protest

Having been terminated from their jobs, contractual nursing officers of Safdarjung hospital, New Delhi, sat outside the residence of Union Health Minister Dr Harsh...

Pregnancy costs Netflix employee her job

An ex-employee of Netflix has filed a lawsuit against the Company, wherein she accuses the American media services provider of terminating her after she...

Contractual employees on sick leave can’t be sacked: Delhi High Court

Alliance Air did not renew the contract of its air hostess, Chitra Sharma, who was on sick leave due to back pain.

Ricoh India shows the door to CFO and COO; CEO’s resignation...

They were held responsible for having caused grave loss to the company and its stakeholders.

When layoffs become inevitable: The painful story

Loss of job is undoubtedly an emotional time when people feel alone, scared and vulnerable. It is important for an employer to smoothen the termination process, show compassion and empathy and re-instate trust. The employees must see the decision as a necessity for business rather than a witch hunt!

Google employees  protest against mass layoffs

Google, the tech giant, recently fired approximately 12,000 employees in January, which resulted in protests from workers in both the US coasts. The workers...

Latest

Economic challenges & reduced spending leads to more layoffs

PayPal revealed that it is cutting 2,000 full-time positions globally, which makes up about 7% of its workforce. The digital payments company has said...

Health workers go on indefinite strike in Karnataka

Over 23,000 employees of the Karnataka State Health Contractual and Outsource Employees Association (KSHCOEA) have announced an indefinite strike starting today, due to the...

Tasmac raises salary for its finance staff in Tamil Nadu

Tasmac has met the long-awaited request of assistant engineers (accounts) in the corporation by raising their annual increment from 1,250 to 2,500. This boost...

Hein Schumacher to take over as CEO, Unilever in July, 2023

Unilever has found its new CEO after a widespread global hunt. Hein Schumacher will be appointed Unilever CEO designate on 1 June 2023 and...

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...