Jobs And Employees

Bira 91 employees write to central government over salary, PF dues

Around 90 employees have written to multiple ministries alleging unpaid dues, PF and TDS violations, and non-payment of gratuity, urging an immediate probe

AI will reshape jobs but first cause 'a ton of disruption': LinkedIn CEO

According to LinkedIn CEO Ryan Roslansky, the platform has seen a sharp increase in AI-related job requirements - up sixfold in the past year

Panasonic to cut 10,000 jobs globally as profits fall, demand weakens

Panasonic will slash its global workforce by 10,000 people, half in Japan and half overseas, to become a more efficient, lean company, the Japanese manufacturer said Friday. The job cuts, amounting to about 4% of its 230,000 workers, will include early retirement offers in Japan and closures and consolidation of various operations, according to the Osaka-based maker of home appliances, such as washing machines and refrigerators. Panasonic also makes solar panels, delivery robots, facial recognition technology, fuel cells for homes and EV batteries for Tesla cars. Also Friday, Panasonic reported a 17.5% drop in profit for the fiscal year through March at 366 billion yen ($2.5 billion), down from 443 billion yen in the previous fiscal year. It sales totaled 8.46 trillion yen ($58 billion), down 0.5% year-on-year. The company said the slowing global economy and weaker demand for electric vehicles were a factor behind its weak results. But sales of air-conditioners and consumer ...

Most employees of Indian companies considering changing jobs in 2025: Study

Aon's 2025 Employee Sentiment Study also found that only 7% of employees in India feel undervalued, compared to 13% globally

Back to office? Not so soon: Nearly 50% workers prefer flexibility

Post-pandemic, work-from-home (WFH) has emerged as a key priority for employees, with human resource (HR) professionals struggling to strike a balance between remote and in-office work

No surety of a good job even you study at the Harvard Business School

Harvard Business School reported that 23 per cent of its 2024 MBA graduates were still job-hunting three months after graduation, up from 20 per cent the year before

CWC MT Recruitment 2024: Notification for 179 multiple posts and more

The Central Warehousing Corporation (CWC) under the Ministry of Consumer Affairs, Food & Public Distribution has announced the recruitment notification for 179 positions on its official website

YesMadam fires employees after stress survey, HR's email sparks outrage

Noida-based YesMadam has faced backlash after firing over 100 employees who reported high-stress levels in a recent survey. HR's email notifying terminations has gone viral, drawing criticism online

'No sick leaves': Company restricts employees from taking offs, viral photo

Netizens were not pleased with a boss's notice about vacation limits, which included 'not taking any sick days.' People are disappointed by the sad conditions that employees usually face at work

Bhavish Aggarwal-led Ola Electric plans restructuring; to impact over 500

The restructuring looks to enhance operational efficiency and improve profit margins as the company works towards achieving profitability

Why did EY fire dozens of US staff for attending mandatory training events?

Several of the fired employees expressed disbelief, arguing they were unaware they were breaking any rules and that their intention was merely to attend interesting sessions

Boeing prepares layoff notices for thousands of workers as turmoil deepens

While Su has previously spoken with Boeing and the striking West Coast factory workers' union, it is her first time in Seattle meeting both sides in person

Most Indian employees seek self-harm coverage in health insurance plans

In India, 43 per cent of organisations reported that their group medical insurance plans do not include any mental health benefits, a report stated

Employee background verification discrepancies surge 44% in key industries

The rise in remote work and the prevalence of fake employment verification services led to the employment verification discrepancies rising to 14.26 per cent in FY24 as opposed to 9.9 per cent in FY21

Japanese bonds yields rise in step with US peers after blowout jobs report

The two-year JGB yield was up 3.5 bps to a two-month high of 0.4 per cent

Byju Raveendran apologises to employees, pledges support amid challenges

As a small token of appreciation, Raveendran said he has managed, against all odds, to borrow some funds and to compensate the employees and urged them to continue teaching

Empathy, inclusive upskilling key to foster thriving work cultures: Report

The 2024 Global Culture Report highlights that employees are six times more likely to be engaged when their leaders demonstrate genuine empathy and not merely as 'understanding'

Fresh formal hirings face marginal decline in June, shows EPFO data

The data is signalling a slowdown in the formal labour market

India's top 5 IT firms continue headcount decline for 7th straight quarter

In the first quarter of FY25 ending June 30, the total number of employees at Tata Consultancy Services, Infosys, Wipro, HCLTech, and Tech Mahindra fell by 2,034 compared to the previous quarter

Employer-employee hiring expectations gap continues to grow: Report

Around 34 per cent of organisations in the country struggle to find the right talent and one in three grapples with retaining existing employees as the gap between employer expectations and employee realities regarding hiring and retention continues to grow, according to a report. Even as employers and job seekers agree that flexibility, higher salaries and career progression are top priorities, employees value company culture and ethics more than the organisations realise while organisations overvalue the importance of brand and incentives, said Michael Page 'Talent Trends 2024 - India Expectation Gap' report. Coming out of the pandemic, a convergence of factors resulted in a subtle but transformative change in workplace dynamics, with people thinking more holistically about the value their job gives to their lives, said Nicolas Dumoulin, Michael Page Senior Managing Director for India, Thailand, Philippines, and Vietnam. Michael Page 'Talent Trends 2024 - India Expectation Gap' .