Tag: Workforce

Amdocs lays off 3% of its workforce 

Amdocs, a large global tech company, has announced plans to lay off 3% of its workforce, a total of 700 employees. This includes 100...

Lyft to reduce workforce by 13%

Nasdaq listed ride-hailing technology company Lyft Inc. has said that it will reduce its workforce by 13 per cent. This means around 683 people...

Cars24 lays off 600+, 6% of workforce

Over 600 employees from the currently 9,000-strong workforce at Cars24 have been laid off. The six-year old used-car marketplace has let go about six...

How happy is India’s workforce?

It’s a well-established fact that happy employees are more productive, and it’s not because they spend more time at work, but they achieve a...

Permanent remote work for 90% of Zerodha’s workforce

Zerodha, an online stock broking platform, has announced that it will allow most of its employees to work remotely either from their homes or...

What’s prompting the Indian workforce to resign?

It is estimated that around 86 per cent of professionals in India are planning to resign from their job in the next six months....

Moneyboxx plans to double its workforce by 2023

Moneyboxx Finance or Moneyboxx, an NBFC that provides small ticket-based loans to micro and macro businesses has announced that it’ll hire 300 new employees...

Walmart to expand workforce by 50,000 in the US

Walmart is gearing to hire 50,000 workers in the US in about a month’s time. The American retailer is reportedly hiring workers for its...

MoEngage’s workforce strength crosses 500, will hire 300 more this year

MoEngage, the leading insights-led customer engagement platform, has managed to achieve a workforce strength of over 500 in the past year or so. "We had...

Why Bharat Serums & Vaccines needs more women in its sales...

Ensuring gender equality at the workplace is one of the biggest challenges for any organisation. While many companies are struggling to have equal representation...

77% of HEM Agarbatti’s workforce comprises women

HEM Agarbatti, a company that manufactures and exports incense and home aroma products, has 70 per cent women in its workforce. Most of its...

Vistara to expand its workforce to 5, 000 by the end...

Vistara, the Indian full-service airline has announced that it will be expanding its workforce to a total of 5, 000 employees by the end...

Mphasis partners with BITS Pilani to upskill IT workforce

Leading Indian multinational information technology services and consulting company, MPhasis, has partnered with BITS Pilani’s Work Integrated Learning Programmes (WILP) division. Through this collaboration,...

NYC issues new return-to-work rules for vaccinated workforce

The New York State Department has released new guidelines for healthcare workers and other essential workforce who have tested positive for Covid-19 and are...

Wells Fargo delays employee return to office indefinitely

In view of the growing threat of the Omicron variant of the COVID-19 virus, American multinational banking company, Wells Fargo, has decided to delay...

Mirchi goes digital, upskills creative workforce in 3 steps

Mirchi, India’s leading radio station, has been one of the top employers in the field of entertainment in the country. Formerly Radio Mirchi, the...

Celonis to expand India operations, hire 1,000 for its workforce

Celonis, the German process mining company, with 16 offices worldwide, is gearing to expand operations in India, where it presently has a 50-strong staff. The...

How Lenovo’s ‘ASAP’ trains its workforce for new vertical

Lenovo, one of the leaders in electronic products, has been expanding its presence in India over the years. As part of its continuous evolution,...

UFlex’s internal academy to ensure upskilling of workforce

The packaging industry is one of the few exceptions that saw growth during the pandemic. As people started to rely more on delivery systems...

Ola Cars to expand workforce by 10,000, begin operations in 100...

Expanding into the vehicle commerce business, Ola Cars has revealed its plan to hire 10,000 employees in the coming 12 months. The Company will...

Tesla may have to produce race, gender details of workforce

Days after Tesla ended up paying $137 million in damages to a former employee who accused the car manufacturing company of racial discrimination, the...

PwC makes WFH permanent for 40,000 employees

PricewaterhouseCoopers (PwC), the multinational professional services network of firms, has announced that it will have 40,000 employees from its US workforce working from home...

Marico launches hybrid work framework for its workforce

To allow its employees to enjoy better work-life balance, Marico, the Indian FMCG company, has announced a hybrid model of work for its Indian...

U GRO Capital to double its workforce and fulfil diversity agenda

U GRO Capital is expanding its operations across several regions in India, to be able to extend credit to more micro businesses. The Company...

Tulip tries a 4-day week with its workforce

Tulip, the cloud-based retail mobile solutions company, is all set to offer its employees more flexibility. The Company is of the belief that as...

Online financing marketplace, Biz2Credit, to hire 150+ techies

Biz2Credit, the online marketplace for small business funding, is all set to expand its technology team by taking on at least 150 people this...

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

Intel implements pay cuts; CEO to take 25% cut

It hasn’t been long since Intel announced the layoff of about 340 people in California. And now, it is reportedly resorting to pay cuts....

Severance package costs $640 million for 18000 laid off amazon employees

Last month, Amazon laid off over 18,000 employees and, as a result, the company incurred a cost of $640 million in severance packages in...

Google fires head of mental health and wellbeing

The tech sector has experienced layoffs in the last quarter of 2022 and this trend has continued into 2023 with the announcements of significant...

CFO highest paid CXO amongst BSE 100 companies

The chief technical officer (CTO) is the second highest paid CXO amongst BSE 100 companies. So, who earns more than a CTO? It is...

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...