Explore the latest Coronavirus news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
The outbreak of COVID- has brought upon a standstill situation globally, affecting the lives acros...
Google has set July the date for its employees to return to office in a gradual, phased manner and...
Consumer loan finance firm Home Credit India on Thursday said it has reduced its headcount by , ...
“Hardships often prepare ordinary people for an extraordinary destiny.”–C.S. Lewis It is one and a half months, that we are all in this lockdown due to the Covid19 pandemic; and together we are coping well with this situation. At Magicbricks too, our teams are now used to this new way of work and life. We […]
After twitter, Square Inc. also announces permanent work from home policy Jack Dorsey founded a mobile payments company, Square Inc. has recently announced its permanent work from home policy for most of the employees. The recent announcement comes just a week after Twitter CEO and Co-founder Jack Dorsey did the same for Twitter employees. A […]
Cognizant Technology Solutions has announced a voluntary separation package (VSP) for its US employees. The Coronavirus crisis has pushed many companies to take tough decisions, with the same line, Cognizant is laying off employees without active projects. The Company is offering a voluntary separation package for US employees who move to the bench between May […]
Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after some employees tested positive for Covid-19. Nokia did not disclose how many workers at the plant in Sriperumbudur in Tamil Nadu tested positive, but a source familiar with the matter said they were at least […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Cleartrip has laid off 400-500 employees. the company’s spokesperson said the Covid-19 crisis has caused severe business disruption in the travel industry. The spokesperson said, “we have had to reluctantly downsize our workforce. We are providing all necessary support to affected employees.” When TOI asked about the number of employees affected, the company declined to share details. It has around 1,000 employees. […]
IT firm, HCL has emphatically declared that despite the slowdown, and the economic impact of coronavirus, they will pay all promised bonuses all 150,000 employees, will honour the nearly 15,000 job offers already made to freshers, and no salary cuts for any employee. Apparao VV, Chief Human Resources Officer, HCL said that HCL won’t roll […]
