HRD
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
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