HRD
IT companies look to cut jobs in India as hiring in US rises
11 Nov 2019
Forced to hire more in the United States, major IT companies, including TCS, Wipro and HCL, are doing a balancing act by cutting jobs in India and beefing up in new areas of digital technology and AI
Over 18,000 BSNL staff opt for VRS within days of roll-out
07 Nov 2019
The VRS option, which is open to employees of BSNL and MTNL above the age of 50 years - or about 121,000 of the 200,000 total number of employees - will remain open till 4 December
Employees strike to hit banking operations today
22 Oct 2019
Finance ministry wants BSNL, MTNL closed down: report
10 Oct 2019
In the event of closure of the two state-run telcos, which together employs nearly 1,65,000 people, the finance ministry feels that the VRS payout of Rs29,182 crore can be reworked while also saving 4G spectrum cost of Rs20,410 crore and the Rs13,202 crore capex required to roll out the 4G services
BSNL to offer VRS to 80,000 employees
06 Sep 2019
Nissan to cut over 10,000 jobs worldwide: report
24 Jul 2019
Nissan, which reported a 57 per cent year-on-year fall in its net profit to 319 billion yen ($2.9 billion) for the fiscal year ended 31 March 2019, expects profit outlook for the current fiscal to be even worse – at 170 billion yen
Deutsche Bank to lay off 18,000 Asia-Pacific jobs as it exits equity markets 08 July 2019
08 Jul 2019
Deutsche Bank expects the EUR 7.4 billion overhaul to result in a EUR 2.8 billion euro ($3.1 billion) net loss in the second quarter itself
“Employee growth drives Happy-ness at workplace”
26 Jun 2019
What makes people in any organisation happy? Payal Gupta, director and CEO of Mumbai-based development and change management organisation Celebratory Network, talks to domain-b’s Nithin Rao on an interesting survey it conducted recently to track ‘happy-ness’ at the workplace
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
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