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According to employees, during the Assembly elections, Reddy had promised to regularize the services of 19,000 Samagra Shiksha employees within 100 days of the Congress party coming to power in the state. However, one year into the government, this promise has yet to be fulfilled.
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The company has pledged to settle the outstanding balance as soon as it gains access to the funds from the recently concluded rights issue.
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Citing the global macroeconomic conditions, Big Tech firms and startups across the spectrum have fired employees, and layoffs continue to happen.
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There are 635 companies incorporated in India that are owned or controlled from the UK with a combined turnover of approximately Rs 4,88,840 crores and employing around 666,992 people.
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The Verge reports that the upcoming job cuts are expected to primarily affect Snap's augmented reality (AR) division.
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The performance of employees continued to hold 50 per cent of the weightage on salary increments while taking on additional responsibilities and receiving a promotion factored in about 20 per cent.
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SCCL Director (Finance) N Balaram has urged all employees to convert their savings accounts to Corporate Salary Account to get the benefit of 'Accident Insurance Scheme' being provided by banks
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While the anti-sabotage teams were conducting a check in the office, the employees were asked to move out of the building as a precautionary measure
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About nine in 10 Indian female blue collar employees are confident they receive equal pay
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Amazon CEO Andy Jassy has asked employees to return to office, starting with three days per week from May 1
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K-Labs will see an investment of $ 15 mn (about Rs 120 crore) to build new generation products combined with ML and AI.
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The decision will benefit about 4.4 lakh government employees and 2.88 lakh pensioners in the State.
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Google has sent an email to foreign employees, notifying them that the tech giant will pause any new filings of PERM, leaving foreign workers in a limbo.
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The number of workers to be fired wasn't specified at the moment, reports Bloomberg, citing sources.
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The sacking episodes have gained speed amid global economic meltdown and recession fears.
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In 2022, over 1,000 companies laid off 154,336 workers, as per the data from layoffs tracking site Layoffs.fyi.
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Coforge new office inaugurated by IT and Industries Principal Secreatry Jayesh Ranjan and Chief Relations Officer Amarnath Reddy Atmakuri.
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Zuckerberg mentioned during the last Meta earnings call that "Our plan is to steadily reduce headcount growth over the next year. Many teams are going to shrink so we can shift energy to other areas."
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This hyper-focus on productivity is impacting health and wellbeing as 47 per cent of employees and 58 per cent of leaders in India report that they're already burnt out at work.
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San Francisco: Apple employees have hit back at the tech giant’s return-to-office orders and launched a petition saying the firm risked stifling diversity and staff wellbeing by restricting their ability to work remotely, media reports say. The petition is in response to an all-employee memo from the CEO Tim Cook, who last week said workers […]