HRD
Reliance Jio cuts nearly 5,000 jobs, including 500-600 regular ones
31 May 2019
An estimated 75,000 jobs have been lost in the telecom sector in 2017 alone, due to financial stress faced by companies and ,more people are expected to lose jobs in the coming years as consolidation progresses
Infosys to allocate 50 million shares to employees
17 May 2019
The allocation of stocks that account for 1.15 per cent of the company’s equity shares will be made over a period of seven years, based on challenging performance criteria, including revenue growth and shareholder returns
Jet employees propose Rs7,000-cr bailout for grounded carrier
30 Apr 2019
As things stand, there are four bidders, including Etihad (which holds 24 per cent in Jet Airways) who are keen to acquire the company and with the bidding process set to conclude on 10 May, there are concerns that the lenders may have to take a large haircut on their Rs8000-crore exposure
DoT draft note clubs 4G spectrum to BSNL and MTNL with VRS
23 Apr 2019
Implementation of VRS for BSNL and MTNL, involving expenditure of Rs6,365 crore and Rs2,120 crore, respectively, is expected to lower the expenses of the firms and give them liquidity, but employees see it as a government ploy to cut down workforce and make it attractive for privatisation
BSNL has no money to pay its 1.76 lakh employees
13 Mar 2019
Pfizer to shutter two more plants in India
09 Jan 2019
JLR may slash 5,000 jobs next year to cut cost
18 Dec 2018
US jury clears Tata Consultancy Services of hiring bias claim
29 Nov 2018
TCS argued that the services of four former employees were terminated because they were unwilling to move to cities in the US where TCS needed more engineers, and not because of any bias
How to shift towards continuous performance management
08 Nov 2018
Employees aren’t the only ones dissatisfied with the traditional performance review process; a mere 4 per cent of HR professionals believe their organisation’s performance management system is actually effective, says Rae Steinbach