HRD
Apple settles with U.S. government for $25 million in immigration hiring dispute
10 Nov 2023
In a groundbreaking settlement, technology giant Apple Inc. will pay $25 million to resolve allegations by the U.S. Department of Justice (DOJ) that the company engaged in discriminatory hiring practices favoring immigrant workers over U.S. citizens and green card holders for specific job positions.
Amazon announces the latest round of job cuts in recent layoffs
09 Nov 2023
E-commerce giant Amazon.com has confirmed that it has started to let go of some employees in its music division. This new round of job cuts is the latest among the many rounds prior to this that have affected over 27,000 people in the past year.
Citigroup considers significant job cuts in its ongoing CEO-backed restructuring
07 Nov 2023
Citigroup's top management, working under CEO Jane Fraser's reorganization initiative, has reportedly contemplated job cuts of at least 10% in key business segments.
Goldman Sachs announces promotion of 608 new managing directors, a decrease from 2021 numbers
03 Nov 2023
In a recent development, Goldman Sachs, the renowned Wall Street firm, announced its plan to promote 608 executives to the position of managing director in 2023.
Musk fires almost all Twitter staff in India in global downsizing
07 Nov 2022
The US-based microblogging platform on Friday fired nearly 180 of its 230-odd employees in India, reports citing employee and other sources said
BPCL offers 2% shares to employees at one-third of market rate
07 Sep 2020
The PSU is offering two per cent of its shares through stock options to eligible employees out of the 'BPCL Trust for Investment in Shares' that the company holds