(Reuters) – Match Group Inc (MTCH.O) on Wednesday joined a growing list of U.S. companies that are cutting jobs to rein in costs after it announced plans to lay off about 8% of its workforce, or about 200 employees, as spending on its dating apps slows. The company gave a lackluster quarterly...
SAVANNAH, Ga. (AP) — A Hyundai Motor Group supplier announced Wednesday that it will invest $76 million in a new plant near Savannah to manufacture parts for the automaker’s upcoming in plant in nearby Ellabell, hiring more than 500 workers. Seoyon E-HWA said it will build the plant to make...
(PTI) New Delhi: The unemployment rate in India has declined to a four-month low at 7.14% in January, the Centre for Monitoring Indian Economy (CMIE) data has revealed. According to the data, the unemployment rate during December 2022 was 8.30%, while in November, it was at 8% and 6.43% in...
Anirban Guha has joined Hyatt Regency as Assistant Director – Human Resources. He has confirmed this development through a social media post. Prior to this appointment, Anirban Guha was associated with Courtyard by Marriott Gurugram Downtown as Human Resources Manager for more than 1 year...
PayPal Holdings Inc. said it will cut 2,000 staffers as it contends with a macroeconomic slowdown that’s weighed on the firm’s business in recent quarters. The cuts, which will affect about 7% of staff, will happen in the coming weeks, Chief Executive Officer Dan Schulman told employees...
Tesco layoffs: Adding to the long list of companies that have announced layoffs, British supermarket chain Tesco became the latest to trim its workforce. Over 2,000 employees at Tesco may be laid off as part of cross-cutting measure, according to a report by Bloomberg. Managerial roles or those in...
The Employees’ Provident Fund Organisation (“EPFO“)issued circular on January 25, 2023, to stop over payment of pension to employees retired prior to September 1, 2014 without exercising any option under Para 11(3) of the Employees’ Pension Scheme, 1995, as existed prior to...
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Insurance company can be directed to pay compensation even if employee covered under EC Act: Gauhati HC
Gauhati High Court in The National Insurance Company Limited vs. Mr Omar Ali and Anr MFA/25/2019, on January 24, 2023 examined the question as to whether the insurance company can be directed to pay the compensation as the first instance awarded to a workman who is covered under the...
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Judicial enquiry or departmental proceeding against dead employee not permissible: Patna HC
Patna High Court in Kaushlya Devi vs. The State of Bihar [Civil Writ Jurisdiction Case No.9735 of 2021] reiterated settled proposition of law that judicial enquiry or departmental proceeding against a delinquent totally abates on death of an employee for the simple reason that in order to punish an...
Kerala High Court in the Secretary Sree Avittom Thirunal Hospital vs. State of Kerala W.P.C. No. 2502/2021, on January 23, 2023, while examining the issue as to whether the employer is allowed to file an appeal to the Regional Labour Commissioner against the order of the controlling authority...
