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Tech Mahindra puts wage hikes and incentives on hold, but says no layoffs. Tech Mahindranbspis put...
Bajaj Auto on Sunday said in an internal letter to its employees that it will not implement its prop...
Bengaluru-based, Udaan, BB commerce online startup has laid off several employees working on a cont...
At a time of crisis when most of the companies have hit a pause on hiring, IT major Capgemini will continue to hire as per plans and digitally onboard new employees in India despite the challenges arising due to the COVID-19 outbreak. Already in last weeks, Capgemini made it clear that the company will honour […]
IT major Cognizant has linked the compensation of all top executives to its share performance relative to those of direct competitors and the company has also scrapped its ‘days sales outstanding’ metric, presumably in response to the Covid-19 pandemic. “Brian Humphries, CEO of Cognizant and other top executives obtain mounted parts like basic pay in […]
According to a report published in Business Today, Tata Consultancy Services (TCS) will ask 75 percent of its 4.48 lakh employees to work from home by 2025. The new secure borderless workspaces (SBWS) model has improved the company’s velocity by 25%. It means that TCS could shift to WHM as a ‘New-Normal’ once lockdown opens. […]
After the Government’s interference, IndiGo reverses plan to cut salaries of employees, drops March decision On April 23, in an e-mail, Ronojoy Dutta, CEO IndiGo said employees “In deference to our Government’s wishes of not reducing pay during the lockdown, we have decided not to implement the previously announced pay cuts during the month of […]
With the whole COVID-19 pandemic, the global economy is topsy turvy. Jobs are at stake, businesses are wading through troubled waters and livelihoods are being affected. With the onset of this current viral outbreak, the global workforce has been shoved into the realm of remote operations. Strict curfews and lockdowns have resulted in employees working from home (WFH), which is placing organisations […]
Online food delivery app Swiggy to cut about 1,000 jobs, most from its cloud kitchen division, as India’s top food delivery startup scales back some of its businesses in response to the coronavirus pandemic that has drastically affected millions of firms. The COVID-19 outbreak, which has severely hit the travel, hospitality, and aviation sectors the […]
Rajesh Padmanabhan, Director and Group CHRO, Welspun Group quits, planning new innings as an entrepreneur in Talent, Technology & Transformation areas. Rajesh is an influential senior global HR leader. He joined Welspun Group in February 2016 as Director and Group Chief Human Resources Officer. Here during his tenure, he has led Group HR, driven Cultural Transformation, advised […]
Oyo has asked some India employees to go on leave with limited benefits and cuts fixed pay of all by 25% Oyo on Wednesday asked some of its staff in India to go on leave with limited benefits from May 4 for four months, and also asked all employees in the country to accept a […]
Infosys Ltd, India’s second-largest IT company has suspended new hirings, promotions, and increments for FY21 to control costs in the wake of COVID-19. However, the company said it will honour all job offers already made. “Infosys intends to not only nurture its vast pool of digital talent in a high-productivity environment, but also honour the job […]
Kotak Mahindra Bank (Kotak) today announced a spree of activities that are being conducted for Kotak Group’s employee well-being in the wake of the ongoing lockdown to combat the pan-India COVID-19 pandemic. Under Kotak’s initiative ‘Health to the Power Infinity’, Kotak’s human resources (HR) division has launched several online offerings to support the health and […]
Maruti Suzuki India Limited (MSIL) has worked out an action plan with the detailed standard operating procedure (SOP) on maintaining social distancing, hygiene and employee safety for resuming operations post-COVID-19. For containment and awareness of the outbreak, Maruti Suzuki plans to provide OHC doctors, hazmat suits & PPE for the staff dealing with multiple people and […]
