(IANS): More than 1,600 tech employees are being laid off per day on average in 2023 globally including in India, and the sacking episodes have gained speed amid global economic meltdown and recession fears. In 2022, over 1,000 companies laid off 154,336 workers, as per the data from layoffs...
(IANS): Hiring by Indian start-ups declined by 44 per cent during the last quarter of 2022 as compared to the first quarter that year, said human resources consultancy company CIEL HR Services. According to a study by the company, hirings among Indian start-ups had been on a steady decline...
(PTI): India Inc is likely to see an average salary increment of 9.8 per cent in 2023, slightly higher than a 9.4 per cent hike in 2022, and for top talent the increase will be much more, says a survey. According to Korn Ferry’s latest India Compensation Survey, organizations are focused on...
(Reuters): Global employment growth is expected to slow down sharply to 1per cent this year compared to 2per cent in 2022, hit by the economic fallout of the war in Ukraine, high inflation and tighter monetary policy, the International Labour Organization (ILO) said on Monday. At the same time, the...
Anushree Singh has joined Avery Dennison as HR Director-EMEA, Apparel Solutions. She has confirmed this development through a social media post. Prior to this appointment, Anushree Singh was associated with AkzoNobel as Global Project Manager- EVP for about 3.6 years. Also read: Adoption of...
Advantage Club, a global employee engagement platform, has recently released a report on employee benefits trends and outlook for 2023. Employee engagement is slated to take the frontline role in steering the future of the workplace – engage, reward, and celebrate the employees proactively...
AU Small Finance Bank, India’s largest Small Finance Bank, today joined the list of Indian firms that offer menstrual leave policy for its women employees. Besides, the bank also announced ‘AU Forever Pass’ an industry first initiative for exiting employees. ’Diversity & Inclusion’ are at the...
Blue Monday, which falls on the 16 January this year, is often recognised as the most depressing day of the year and a difficult time for many. Those that are facing the winter months, with colder weather and shorter daylight, may be susceptible to experience Seasonal Affective Disorder (SAD). With...
New Delhi: The year 2023 began on a bad note for tech workers globally and 91 companies have laid off more than 24,000 tech employees in the first 15 days this month, signalling worse days ahead. About 24,151 tech workers lost their jobs, dominated by companies like Amazon, Salesforce, Coinbase and...
Reliance Retail-backed grocery delivery startup Dunzo said it is extending the best support possible to help the employees during this transition. Reliance Retail-backed grocery delivery startup Dunzo laid off 3% of its workforce last week. However, the specific number of laid off employees is yet...
