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Netflix lays off employees in cost-cutting drive

The worlds leading streaming entertainment service, Netflix has laid off employees which ...

Layoffs

Latest news: Netflix lays off employees in cost-cutting drive - SightsIn Plus

Tesla lays off head of LGBTQ, diversity lead

Amid CEO Elon Musks woke mind virus concerns, Electric vehicle company, Tesla h...

Layoffs

Latest news: Tesla lays off head of LGBTQ, diversity lead - SightsIn Plus

myAvtar Virtual Job Fair for Women on July , freshers can also register

Indias leading diversity job portal myAvtar.com has announced that it is organizing its third...

Hiring

Latest news: myAvtar Virtual Job Fair for Women on July , freshers can also register - SightsIn Plus

Treebo ropes in Purvaja from McKinsey as Head of People Function

Treebo Hotels, India’s fastest-growing chain of budget hotels announced the appointment of Purvaja Prabhakar as its Head of People function. In her new role, Purvaja will be responsible for delivering on the company’s aggressive talent acquisition requirements, nurturing high-performing teams, and preserving and strengthening the company’s culture. She will be based out of the company’s […]

Jobs

IIIT-Delhi records campus placement rate of 98.10 per cent

Indraprastha Institute of Information Technology Delhi (IIIT-Delhi) has said it has surpassed the campus recruitment record for its current batch of students with a placement rate of 98.10 per cent. During the campus placement, the institute hosted 140 companies, among which 108 offered competitive salaries falling between Rs 11 lakh and Rs 47 lakh per annum. Several national and international companies […]

Smartphone solution provider Cashify bags $90 million in new funding

India’s first and largest end-to-end smartphone solution provider, Cashify, has raised $90 million in new funding. The company is looking to expand its business in the world’s second-largest smartphone market. Prosus Ventures and NewQuest Capital Partners led the seven-year-old Indian startup’s Series E funding, Cashify said on Thursday. The company said in a statement, “The […]

Hiring

Capgemini India is hiring across the country, Check Details

Capgemini, a French multinational information technology (IT) services and consulting, is hiring for various profiles in India. The positions are open across India like; Bengaluru, Hyderabad, Mumbai, Pune, Gandhinagar, Kolkata, etc., and the company is inviting applications for the same. Get The Future You Want at Capgemini in India! Click here to explore the opportunities, Or Click here for a job search. You can […]

Rolls-Royce workers reject £2,000 cash bonus

A union representing thousands of Rolls-Royce workers in the UK has rejected the engineering group’s latest pay offer, £2,000 cash ‘bonus’ offered to help with the soaring cost of living as it “falls far short”. Rolls-Royce lump sum was due to be rolled out in August. The company has to start with the 3,000 non-unionized staff before […]

US economy will likely fall into a mild recession by end of 2022: Nomura

The US economy will likely fall into a mild recession by the end of 2022 as the Federal Reserve raises rates to tame prices, according to economists at Nomura Holdings Inc. Nomura warns that financial conditions will tighten further, consumers sentiment is souring, energy and food supply distortions have worsened and the global growth outlook […]

Survey & Report

CEO salaries at 3-year high in FY22: Survey

According to the 2022 Deloitte India Executive Remuneration Survey, the average pay package for chief executives (CEO) of large companies in India reached Rs 11.2 crore with median remuneration at Rs 7. 4 crores. In FY21, the average CEO compensation was Rs 9.4 crore (Rs 6.4 crore median). In FY20, the average pay package stood at Rs 9. […]

Employee Engagement

The Role of Digital Learning in Modern Employee Experience

The global pandemic pushed our dependency and usage of technology to a greater extent. From shopping to cooking to learning, online platforms are now the go-to mediums and have given us a newer dimension to grow in all spheres of life. The pandemic is responsible for dynamic changes adhered by the organizations and employees. Employees have […]

Capgemini appoints Steffen Elsaesser as Chief Transformation Officer

Capgemini has announced the appointment of Steffen Elsaesser as Chief Transformation Officer and member of the Group Executive Committee, effective July 1, 2022. In this role, Steffen will be responsible for designing and implementing globally some of the Group’s key transformative initiatives. He will report to Aiman Ezzat, Capgemini’s CEO. “Steffen brings to this Group role […]

Mercedes appoints Paul Gao as Chief Strategy Officer

Mercedes-Benz Group has announced the appointment of Paul Gao to the newly created position of chief strategy officer, effective 1 July, 2022. He will report directly to Chief Executive Ola Kallenius. Prior to this, most recently he was working as a senior partner at McKinsey & Company in Hong Kong, serving both Chinese and global […]

Jun 22, 2022

Elon Musk said Tesla will cut the salaried workforce by 10% over 3 months

Elon Musk on Tuesday said that Tesla will reduce its salaried workforce by 10 per cent over the next three months. Addressing the Qatar Economic Forum organised by Bloomberg, the world’s richest man said that the electric car-maker will cut salaries by 10 per cent over the next three months, as the company navigates the global […]

Jun 22, 2022