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FINANCIAL RESTRUCTURING PACKAGE
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...- Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
- Meta told employees to work from home, then sent 4 am layoff emails to US staff, leaked memo reads: 'We’re now at the stage where...'Meta Layoffs: Meta has laid off approximately 8,000 employees globally, with many receiving termination emails early Wednesday. This move i...
- Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
- Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
- TCS CEO K Krithivasan takes home over Rs 28 crore in FY26 annual pay packageTata Consultancy Services CEO & MD K Krithivasan's remuneration reached over Rs 28 crore in FY26, a 6.3% increase year-on-year. This figure...
- A Silicon Valley CEO just sent the most savage staff memo ever, and the fallout is enormousCloudflare is making massive job cuts, impacting over 1,100 employees worldwide. The internet security firm is undergoing a significant res...
- Coinbase cuts 14% of staff: Is AI the real reason behind the layoffs?Coinbase is slashing approximately 700 jobs, around 14% of its global staff, as part of a major restructuring. This move aims to cut costs ...
- Boss put him on a PIP and handed him walking papers — employee then pulls off the most satisfying workplace revenge story of 2026Most professionals don't see a PIP coming because they're looking at the wrong signals. They track their output, measure their deadlines, c...
- Employee expecting 'good appraisal' gets shocked after salary decreases due to increment. 'There was nothing I could do'A Reddit user shared his experience of expecting a strong appraisal after joining a company just before the review cycle, only to receive a...
- Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...
- After layoffs, Microsoft targets 7% of US workforce for buyouts - who’s affected?Microsoft is offering voluntary retirement buyouts to approximately 7% of its U.S. workforce for the first time in its 51-year history. Thi...
- Spirit Airlines stock just shocked the market, jumped over 130% while airline stocks fall: is Spirit Aviation Holdings (FLYYQ) a real comeback or bailout-driven spike?Spirit Airlines stock just shocked the market. It jumped over 130% in one session. Shares of Spirit Aviation Holdings Inc. (FLYYQ) surged n...
- India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
- He was laid off from Snap two years ago. Though sad, he looked forward to new possibilities and more family time. What is he doing now?The company that operates Snapchat has unveiled another large-scale downsizing move. In an official update, Snap Inc. stated on Wednesday t...
- He was earning Rs 38 LPA, yet was more anxious than co-worker who got less than half of his salary. Expert decodes: ‘He was one layoff away from…’High incomes don't guarantee financial safety, as demonstrated by a product manager heavily reliant on his large salary. In contrast, a low...
- Sadbhav Lenders turn down NARCL offer, settle it out of courtSadbhav Engineering lenders have chosen an out-of-court debt restructuring. This decision bypasses an offer from NARCL. A consortium-led pl...
- CCEA may take up amendments to debt rejig package todayAs per the proposal, the state electricity boards of Jharkhand, Bihar and Andhra Pradesh will be allowed to convert their outstanding loans...
- Panel meet on Friday;to mull extending FRP deadline to June 30An inter-ministerial panel will meet on Friday to mull extending the deadline for the government's ambitious debt recast scheme to June 30.
- Financial restructuring package is finalized with 8 states: Jyotiraditya Scindia"Suffice to say that irregular tariffs revision mechanism is something that would be healthy and in order."
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