Edtech unicorn LEAD (formerly LEAD School) after Aug.22 has again terminated employees in another round. Although the company did not confirm the development, it has reportedly terminated around 60 employees from tech and product teams, according to media reports. In Aug. around 40%. In August...
India’s largest IT services exporter, Tata Consultancy Services (TCS), has rolled out 100 per cent variable pay for employees up to C2 grade, while employees above the grade would be awarded variable pay as per business performance, for the third quarter of FY 2022-23. “A decision has been taken to...
Equiniti India (EQ India), the India offshore arm of UK-headquartered shareholder management fintech company, EQ, has announced the appointment of VijayarajPalaniraj to lead Talent Acquisition in India. In his new role Vijayaraj will accelerate talent acquisition enabling EQ India’s growth...
Verily, a subsidiary of Alphabet, which also has Google and YouTube under its umbrella, has laid off 15 per cent of the workforce in a restructuring move. As per numerous posts on the job platform LinkedIn and reported by CNBC, the company has laid off roughly 240 employees. Verily specialises in...
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Enquiry Proceedings Cannot Be Quashed Merely Because ICC Failed To Complete Enquiry Within 90 Days: Delhi HC
Delhi High Court has observed that the complaint of sexual harassment and inquiry proceeding cannot be quashed mere because internal complaints committee (ICC) failed to complete inquiry within the time-frame of 90 days mentioned under section 11(4) of Sexual Harassment of Women at Workplace...
The Kerala High Court recently held that contractual employees cannot be terminated on the ground of ‘unsatisfactory performance’ of service without the issuance of notice or finding to that effect. Setting aside an order passed by Mananthavady Municipality by which the service of...
(PTI): Informal women workers in Indian construction and real estate sector earn 30-40 per cent less than male workers, according to a report that highlights about gender inequality in this sector. Consulting firm Primus Partners and World Trade Center on Monday released a report ‘Pink Collar...
Saraf Furniture, India’s solid wood furniture player announces its new 4-week work policy. The firm will become first company in Rajasthan and first company in Indian furniture industry to introduce the 4 Day Work Week Policy. The aim of the initiative is to promote healthy work-life balance for...
(PTI): E-commerce giant Amazon plans to terminate approximately 1,000 employees in India as part of its largest global retrenchment exercise, reported news agency PTI. Due to uncertain economic conditions, the company has announced the elimination of over 18,000 roles worldwide. On 5th jan.23, the...
A former sacked employee of a BPO firm in Sector 2, Noida allegedly shot at his boss in the office premises on 4th jan.23 evening, according to media reports. The injured person is the circle head of NSB BPO has been identified as Shardul Islam. He has been admitted to a private hospital in Noida...
