COVID-19 Impact: HR News, Trends & Workplace Insights

Latest COVID-19 Impact HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on COVID-19 Impact.

Updated on: Jun 2020
COVID-19 Impact on Service Sector
Coronavirus

COVID-19 Impact on Service Sector

The outbreak of COVID-19 has brought upon a standstill situation globally, affecting the lives across the globe in ways, more devastating than a world war. Well, according to the current hesitation of China in the matter of inspection initiated by the US in Wuhan; this idea is being re-established in a stronger way than before. […]

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Cleartrip has laid off 400-500 employees
Coronavirus

Cleartrip has laid off 400-500 employees

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. […]

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TCS top management takes pay cut as COVID-19 impact
Coronavirus

TCS top management takes pay cut as COVID-19 impact

TCS top management takes pay cut in financial year 2020 to conserve cash amid Covid-19 Tata Consultancy Services (TCS) has said in an annual report, Chief Executive Officer, Rajesh Gopinathan’s remuneration shrank 16.5% to INR 13.3 crore in 2019-20 compared to the previous fiscal. Gopinathan’s pay package is 214.65 times the median salary of TCS. In […]

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