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Nike announces likely job cuts, $790 million loss due to COVID-19 on its business globally. Nike Inc. an American multinational corporation, warned of job cuts as the world’s largest footwear maker ramps up efforts to sell directly to customers through its online and retail channels. Nike, Inc. is engaged in the design, development, manufacturing, and worldwide […]
Boeing appoints Michael D’Ambrose as Executive Vice President of Human Resources, effective 06 July 2020 He will succeed Wendy Livingston, who has served in an interim capacity since April. In this role, D’Ambrose will be responsible for the company’s leadership and learning, talent planning, employee and labor relations, total rewards, and diversity and inclusion initiatives. […]
District judge orders work from home, judges not to call staff to courts amid the rise in COVID-19 cases New Delhi, Jun 26 (PTI) District Judge of Rohini Courts here has asked all the judicial officers to work from home and not to ask staffers to come to courts in view of the rising number […]
Fidelity International rolls out an equal parental leave of up to 26 weeks for all staff globally. Fidelity International has announced up to 26 weeks of paternity leave globally, including India. Currently, the company offers 10 days of paternity leave and 26 weeks of maternity leave which is on par with the central government’s parental […]
Accenture to curb hiring and halt some promotions as cost cutting measures Accenture Plc, one of the world’s largest consulting firms, will curb hiring and halt some promotions in the midst of the coronavirus pandemic. New hiring will focus on the replacement of subcontractors, Chief Executive Officer Julie Sweet said Thursday on an earnings call. […]
Hindustan Unilever Limited (HUL) has completed the acquisition of VWash from Glenmark Pharmaceuticals Today, Hindustan Unilever (HUL) said it has completed the acquisition of VWash from pharma major Glenmark Pharmaceuticals. The company, however, did not disclose the value of the transaction. ‘VWash’ was launched by Glenmark in 2013 and the brand has established itself as […]
Exclusive Conversation with Biplob Banerjee, Chief People Officer, ABD India Ltd Biplob joined ABD in November 2018 and presently serves as Chief People Officer, leading human resource functions including talent acquisition and retention, learning and development, employee engagement, and welfare, rewards, recognition, compensation, and benefits. Biplob has over 25 years of experience in the fields […]
Today, 25 June, Tech giant IBM has rolled out ‘SkillsBuild Reignite’, a platform to provide job seekers and entrepreneurs with access to free online coursework and mentoring support, designed to help them reinvent their careers and businesses, said a statement issued. According to the India Skill Report (2019), only 45.6% of the youth graduating from […]
Tata Group plans layoffs to save fixed costs as profit dips- Report According to The Times-News Network (TNN), as the COVID-19 crisis continues, The Tata Group may eliminate jobs at some businesses to save fixed costs as it grapples with falling profits due to the pandemic, and global economic projections pointing to a challenging time […]
GoDaddy announced restructuring plan, says to impact 814 employees Web hosting company GoDaddy Inc on Wednesday announced a restructuring plan that will affect about 12% of its total workforce, or about 814 employees, due to the fallout from the coronavirus crisis. The world’s largest domain registrar said the employees will either be let go or […]
Landmark Group appoints Sandeep Batra as President- Group HR, he replaces Venkatramana B who is superannuating on 30 June. Sandeep Batra joins Landmark Group as President- Group HR. He replaces Venkatramana B who is superannuating on 30 June 2020. However, he will remain with the Group till September 2020 as an advisor. Prior to joining Landmark Group, Sandeep […]
