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Coronavirus

Cognizant offers the voluntary separation package for US employees

May 27, 2020

Raymond has fired hundreds of employees, since February

Textiles and apparel major Raymond has fired hundreds of employees across the board, since February....

Industry

May 27, 2020

Raymond has fired hundreds of employees, since February

Order on full wages withdrawn Centre informs Supreme Court

The Centre on Tuesday informed the Supreme Court that it had withdrawn a contentious March order ...

Labour Law

May 27, 2020

Order on full wages withdrawn Centre informs Supreme Court

Nokia shuts plant in TN after test positive for Coronavirus

Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the c...

Coronavirus

May 27, 2020

Industry

Lakshya Digital to hire 12-15% more workforce in India

Lakshya Digital, India’s leading Game Art Services companies, has announced that it will be hiring 12-15% more employees over the next 1 year amidst COVID-19. This increase in hiring is due to the new business in the last couple of months. Currently, Lakshya Digital has a team of about 500 people and plans to hire […]

May 26, 2020

Coronavirus

Uber India Lays Off 600 Employees Amid Slowdown

Uber India lays Off 600 employees amid slowdown, a 25% of total workforce 2,400 in the country Uber India on Tuesday, 26 May, announced to lay off around 600 full-time employees due to the impact of the coronavirus crisis, a week after Ola slashed its workforce. The affected employees would be from across driver and rider support among […]

May 26, 2020

Coronavirus

TVS Motor announces to cut staff salaries for six months

On 23 May 2020, Two-wheeler manufacturer TVS Motor Company has announced to cut the salaries of its employees starting this month, May 2020, as it grapples with a steep fall in sales, common across the industry. Though the company has clarified there will be no salary reduction at the workmen level. The company’s CEO, KN […]

May 26, 2020

Press Release

SHRM announces Virtual Conference on 29 & 30 July 2020

The global environment is in flux like never before and unprecedented shifts are taking place in the workspace. With organisations having to transform and explore new ways of working and engaging with employees, HR systems and organizational structures are forced to adapt to the changes. With technology once again becoming the savior, organisations must look […]

May 26, 2020

Learning & Development

E-learning in Era of Social Distancing

As I recall, about 20 years back GE Capital started the concept of Work From Home which created ripples around the factors like technology, controls, and ease of management and lesser that anyone derived the cultural barriers which made people think against some of the forward-looking work practices. I clearly relate this to the concept […]

May 26, 2020

Labour Law

EPFO Clarification on EPF contribution from 12% to 10%

Frequently Asked Questions: Reduction in statutory rate of EPF contribution from 12% to 10% Union Finance Minister Nirmala Sitharaman announced details for the total Rs 20 lakh crore financial package in a press conference on 13th May 2020, Wednesday. To increase the demand in the country and more take-home salary, the government has decided that […]

May 25, 2020

Coronavirus

Tata Group top execs to take up to 20% salary cut

Tata Group top execs to take up to 20% salary cut in an effort to conserve cash For the first time in the Tata Group’s history, Tata Sons chairman N Chandrasekaran and Tata Group companies’ chief executive officers (CEOs) will take around a 20 percent compensation-cut in an effort to reduce the cost to tide over […]

May 25, 2020

Coronavirus

Snapdeal furloughs 50-55 staff whilst demand picks up

An Indian e-commerce company, Snapdeal has put about 7% of its full-time workforce, or 50-55 individuals on a three-month furlough, The e-commerce agency has 750 employees on its payroll whereas one other 800 of staff are on contract. A Snapdeal spokesperson confirmed the event without offering any details and stated in an emailed response, “In […]

May 25, 2020

Culture & Behaviour

Leaders need a makeover in the new normal

Even though COVID-19 refuses to budge and continues to play havoc across the world, the corporates are not worried. Steering forward with able leadership, they are proving to be more resilient than ever. Recently, on a Wednesday afternoon, keeping lethargy at bay, five diverse leaders took part in an energizing virtual round-table conversation organized by […]

May 25, 2020

CHRO Move

InterContinental Hotels Group appoints new Head HR

InterContinental Hotels Group (IHG®) appoints Vinay Jaswal as a new Head HR, South West Asia effective from May 2020 Vinay is a senior HR leader with rich experience in business building, culture transformation, and he has been successfully anchored HR initiatives in the areas of OD, business restructuring, talent management, shared services, and succession planning in Telecom, […]

May 25, 2020

Coronavirus

An employee at Maruti plant tests positive for Covid-19

An employee at Maruti Suzuki’s Manesar plant has tested positive for COVID-19, according to a company spokesperson. The company is also looking at “a possibility of a second case” of infection at the facility but has ruled out any impact on the business part due to the situation. The country’s largest carmaker, Maruti Suzuki India […]

May 24, 2020

Coronavirus

IBM confirms global layoffs, India employees hit with it too

IBM confirmed, it is cutting an unspecified number of jobs, but wouldn’t provide details related to location, departments, or the number of employees involved. The company framed it in terms of replacing people with more needed skills as it tries to regroup under new CEO Arvind Krishna. Several business media sites, including the Wall Street Journal and […]

May 23, 2020