The Supreme Court has said that a daily wage worker cannot be regularised if his appointment has not been made by the competent authority against a sanctioned post. A bench of Justices S Ravindra Bhat and Sudhanshu Dhulia dismissed an appeal filed by a daily wager, Vibhuti Shankar Pandey against an...
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Apple Inc. is hiring its first chief people officer and shifting human resources duties from its head of retail, overhauling the way the tech giant hires and supports employees. The company is naming Carol Surface to the new role, Chief Executive Officer, Tim Cook said in a memo to employees. That...
Yahoo Inc. will eliminate about 1,000 jobs beginning this week, or roughly 12% of its employees, the first round of cuts in a larger plan to restructure its advertising tech division amid a wave of layoffs in the industry. The company, owned by Apollo Global Management Inc., plans to reduce...
Chinese video app TikTok has apparently slacked off its whole Indian workforce. As per a report by the Economic Times, the China based ByteDance-owned application has given pink slips to 40 people this week after a call. The report stated that a severance pay of nine months would be given to the...
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Worsening margins and high cost put high salaried IT sector employees under scrutiny: Report
IT employees who were hired at exorbitant salaries last year will have to justify it through their performance and contributions, according to analysts as reported by the Economic Times (ET). This comes on the back of worsening margins and a tougher economic environment for the IT sector worldwide...
