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The outbreak of COVID- has brought upon a standstill situation globally, affecting the lives acros...
Textiles and apparel major Raymond has fired hundreds of employees across the board, since February....
An Indian e-commerce company, Snapdeal has put about of its full-time workforce, or - individ...
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 […]
Indiabulls has asked nearly 2,000 employees to resign from the company. The Company, however, said this was part of the annual attrition cycle and claimed these were not lay-offs The Financial Services Group Indiabulls, On May 15, the group’s Indiabulls Housing Finance asked many of its employees to resign and consider May 31 as their […]
Tech Mahindra puts wage hikes and incentives on hold, but says no layoffs. Tech Mahindra is putting on hold incentives and wage hikes until there is more clarity on business as the coronavirus outbreak has disrupted operations worldwide. However, its junior associates will get their remuneration packages in full. Besides, undisclosed salary cuts also have been […]
Bengaluru-based, Udaan, B2B commerce online startup has laid off several employees working on a contract basis as the company’s non-essential business has been shut due to the nationwide lockdown in the wake of the COVID-19 situation. Udaan is an online marketplace that facilitates buying and selling fashion products, groceries, and electronics among manufacturers, brands, and […]
EPFO and ESIC have been advised to collate the data on job losses and wage cuts. As soon as information is collated a report can be introduced to the Prime Minister’s Office (PMO). This labour ministry initiative comes as stressed economic situation has raised fears of widespread layoffs/salary reductions in India’s organized sector and in […]
Coronavirus global pandemic has affected every workplace, in one way or another. The employers have closed their doors temporarily due to lockdown and asked their employees to work from home, Companies have given extra paid or special paid leave or unpaid leave to employees with health concerns. While the worst of the coronavirus outbreak will […]
No one alive has experienced a global crisis like the Coronavirus and its unprecedented impact on personal and professional lives. Personal and family health will always have priority. We all mourn with those that mourn and we take care of our loved ones. However, with a global time out -caused by travel restrictions, social distancing, closed restaurants […]
