Page 10 - Employees

Wipro fired 300 staff found working with rivals at same time: Rishad Premji

Wipro Chairman Rishad Premji on Wednesday said the company had found its 300 employees worked with one of its competitors at the same time, and added that action was taken in such cases by terminating their services. Premji asserted that he stands by his recent comments on moonlighting being a complete violation of integrity "in its deepest form". "The reality is that there are people today working for Wipro and working directly for one of our competitors and we have actually discovered 300 people in the last few months who are doing exactly that," Premji said speaking at AIMA's (All India Management Association) National Management Convention. Asked about the action taken again employees who were found to be working parallely for the company as well as for rivals, Premji, on the sidelines of the event, said that their employment had been terminated for "act of integrity violation". The definition of moonlighting itself is about having another job secretively. As part of transparen

EPFO sees over 1 million new subscribers for fourth straight month

Though fresh additions slip sequentially in July, women enrolment at a record high

Why are public sector companies unable to attract talent for higher posts

It is not just that state-owned company leadership are paid much less than what their smaller competitors are paid but their performance is not linked to rewards

CEO's advice to freshers to work 18 hours a day sparks huge outrage

Shantanu Deshpande, Founder and Chief Executive of Bombay Shaving Company, faced severe criticism on social media for his LinkedIn post on Tuesday that advised freshers to work 18 hours a day

Better.com fired around 250 employees in fourth round of layoff: Report

In a report published on TechCrunch, Better.com's list containing the names of the people who will be laid off from the company on Friday, was leaked internally on August 23, 2022

Indian companies changing rules to call employees back to office

Apart from Indian companies, Apple Inc has asked its employees to attend office three times a week. Employees have been asked to attend office on Tuesdays, Thursdays and a day depending upon the team

Gig work platform Awign raises $15 mn in funding round for expansion

Start-up assists enterprises in hiring high-skill talent on contract and manage such employees

Indian employees likely to see bigger salary hike in 2023, says report

Some of the sectors which have been included in the survey are- financial services, banking, and technology, media and gaming

HyperSocial CEO Braden Wallake slammed for crying after firing employees

"I know it is not professional to tell my employees that I love them. But from the bottom of my heart, I hope they know how much I do," he said.

Alibaba lays off nearly 10,000 employees to cut expenses amid poor sales

According to South China Morning Post, more than 9,241 employees left Hangzhou-based Alibaba during the June quarter, as the company trimmed its overall headcount to 245,700.

Air India offers to compensate staff facing eviction from housing colonies

Unions move Bombay HC to challenge the proposed ejection from colonies in Mumbai

When will the employee unrest in Indian aviation end?

Salaries have become a thorny issue in the Indian aviation sector. Employees remain dissatisfied as the wait for normalisation of wages continues to be uncertain. What is the reason for this delay?

Ten years on, ex-Kingfisher Airline employees wait for their dues

The Supreme Court has awarded a four-month sentence to the grounded airline's flamboyant owner Vijay Mallya in a contempt case

Phone tapping of NSE employees: CBI books ex-Mumbai top cop, Ramkrishna

The agency has alleged that under the guise of this study, top NSE officials had issued a work order to iSec for intercepting the phone calls of its employees by installing machines at NSE's office

Food firm iD Fresh grants ESOP, says it aims to create '100 crorepatis'

iD Fresh said it aims to create 100 millionaires in the next three years by offering employees high-value shares (ESOPS)

Ola may lay off up to 500 employees in order to drive cost-efficiency

Layoffs may take place across Ola departments amid challenging funding environment and delay in listing plans

Ford India Unions call off month-long strike, return to discussion table

Company revises severance package to 121 days from 115 earlier

Hybrid or WFO, rising coronavirus cases haven't disturbed India Inc

Alert to Covid situation, companies across sectors are continuing with existing work models for now

Cabin crew, guards among 1,600 Air India employees opting for VRS

Airline says it will reskill employees as expands terms of the scheme

Labour codes not to kick in from Friday even as states, UTs frame rules

The Centre has already finalised rules on all the four codes