Ritu Rakhra has joined Broadridge India as Head of Human Resources. Rakhra will be based out of Bengaluru and will jointly report to Sheenam Ohrie – India Managing Director and Richard Stingi – Global CHRO. Prior to this appointment, Ritu Rakhra was associated with Dell Technologies as...
By Saeed Azhar, Lananh Nguyen and Niket Nishant Companies and households are feeling better about the economy despite recession predictions, the heads of top U.S. banks said on Tuesday, although elevated economic uncertainty means lenders are tightly controlling costs. Goldman Sachs Group...
Neiman Marcus Group said on Tuesday it would lay off about 5% of its workforce, or around 500 employees, as the luxury department store chain looks to cut costs in a tough economy. The company joins a growing list of firms in corporate America – from Wall Street banks and tech companies to...
Digital Lending Platform mPokket plans to expand its team strength by March 2023 across all verticals, as part of its mission to empower India’s youth and maintain its growth trajectory. Founded by Gaurav Jalan in 2015, mPokket is an instant loan app that provides loans to college students and...
(IANS): Aman Bhutani, CEO of global web hosting platform GoDaddy, has announced to lay off 8 per cent of the workforce amid increasingly challenging macroeconomic conditions. In an email to employees, Bhutani said that most impacted roles are in the US, affecting multiple levels in the company and...
CapGrid, a B2B cloud manufacturing start-up for the automotive industry, has appointed Ruchi Rai as Head HR and Admin. Prior to this appointment Ruchi was associated with Archetype as Head HR & Admin and internal communications for less than one year. Ruchi has spearheaded HR & Admin for...
As a leader in pre-hire skill assessment tech, Xobin helps over 700 companies in 35 countries to with online assessment tests for pre-hire screening and training. The company tracks multiple data points to keep a pulse on the shifting trends in recruitment. The world has been hearing of constant...
The gig economy is growing every year at a rapid pace, it is expected to expand to 2.35 crore by 2029-30. The mutual benefit of companies and workers from the gig economy is a major reason behind moonlighting, mass resignation, and layoff waves. Both companies and workers are now opting for gig...
Punjab and Haryana High Court in Bhajan Singh vs. PRTC CWP 13281/2017, while responding to the question as to whether a notional break of 1 (one) day between the employee’s temporary service and regular service can be read to the peril of the employee to reject his claim for counting of the...
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Criminal proceedings not sustainable against VP-HR for not depositing PF contributions: Karnataka HC
Karnataka High Court in CH K.S. Prasad @ K S Prasad vs. State of Karnataka & Anr. CP No.195/2020, quashed the proceedings initiated against an employee appointed as asenior vice-president, human resources in the establishment under Section 409 (criminal breach of trust) and Section 420...
