Page 4 - Jobs And Employees

Twitter bankruptcy possible if cash burn doesn't stop, Musk tells employees

Confidence in the company has eroded so rapidly that, even before Musk's bankruptcy comments, some funds were offering to buy the loans for as little as 60 cents on the dollar

Facing deportation, sacked workers on US visas say Meta abandoned them

The affected workers have now created a WhatsApp group to share their concerns. A majority of the about 300 people in the group are from India, the report said

9 in 10 Indians believe hybrid job improves work-life balance: Survey

More than 9 in 10 Indian employees believe that a hybrid work environment improves work-life balance and over 7 in 10 say that the hybrid work model is more productive, a report showed

After firing half of Twitter's workers, Musk now asks some to return

Some of those who are being asked to return were laid off by mistake, according to two people familiar with the moves

Job cuts at Twitter spur concerns about US midterms, human rights

Product and engineering teams were gutted by well over 50%, according to two sources, and other groups - like communications, marketing, human rights and diversity - were almost completely eliminated

As job cuts begin at Twitter, Elon Musk decries 'massive' sales drop

The global workforce reductions are expected to affect 3,700 jobs - about half of the company.

Twitter fires majority of employees in India as part of global layoffs

The lay-offs in India were across segments such as policy, communication, engineering and development, said sources in the know

Truly sorry to those who'll have to leave Byju's, says Raveendran to staff

The edtech giant has to sever 2,500 employees to avoid role duplication across businesses, says founder in a letter to employees

Disapprove moonlighting, but issue not a big problem in company: HCL Tech

HCL Technologies on Wednesday weighed into the issue of moonlighting, that has created quite a stir in the industry, and said while it does not approve of dual employment, the issue is not a major one within the company. Put simply, moonlighting refers to employees taking up side gigs to work on more than one job at a time. "Dual employment while working for HCL Tech...we do not approve of that. Everybody who signs up to work for HCL Tech is signing up employment contract which requires exclusivity. The requirements around confidentiality, and non compete... all those provisions that are there we expect our employees to honour those commitments," Ramachandran Sundararajan, Chief People Officer of the company said during the Q2 earnings briefing. Fortunately, he said, moonlighting has not come up as a big problem within HCL Technologies. "We don't have that as big problem that we have too many people indulging in dual employment. It is not a big problem. We have had one or two stray

A viral tweet explains how Wipro caught its employees moonlighting

Taking a tough stand against those involved in moonlighting, IT services giant Wipro sacked 300 employees in September; here's how they caught the moonlighters

Peloton planning to cut additional 500 jobs to reverse losses: Report

To cut costs, the company cut hundreds of jobs, shuttered stores and outsourced delivery to third parties this year

Productivity 'hyper focus' hurting employees, causing attrition: Report

Only 9% of managers say hybrid work model gives them confidence that employees are productive

How can India Inc stay ahead of the curve on moonlighting?

While most IT firms discourage employees from taking up side jobs outside regular working hours, some like Swiggy or CRED are encouraging it. Can India Inc stay ahead of the curve on moonlighting?

Job creation, reduced inequality should be key targets for India: Report

Study says growth in prosperity also needs to be environmentally sustainable and must be solid and resilient in the face of external shocks

Swiggy allows employees to work outside company to make more money

It said this could encompass activity outside of office hours or on weekends that does not impact their productivity on full-time job or have a conflict of interest with company's business in any way

Since Jan, over 150,000 people left Sri Lanka for jobs abroad amid crisis

Amid uncertainty, Sri Lankans are lining up at the passport office in Colombo to get a new passport or get their old one renewed, desperate for a way out of the crisis-marred country

Meet the CEO who is putting in overtime to shorten your workweek

Joe O'Connor heads a nonprofit helping companies around the world to adopt more flexible work schedules.

Upskilling, reskilling of workforce topmost priority for India HR: Study

Mercer's 2022 Global Talent Trends study highlights that difficulty in hiring the right talent, at the right price, and in time remains a top concern in 2022

Two out of three employees in India prioritise health over work: Survey

Microsoft's Work Trend Index findings reveal that 70 per cent of Gen Zs and Millennials in India are somewhat or extremely likely to consider changing employers this year

Chhattisgarh to set up employment mission to create 1.5 mn jobs in 5 years

The Chhattisgarh government has decided to set up an employment mission headed by Chief Minister Bhupesh Baghel to create around 15 lakh job opportunities in the state in the next five years