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STAFF RETRENCHMENT
Meta employee laid off after 10 years shares gut-wrenching post: ‘Yesterday I was training a new engineer, today I lost my job’A Meta employee in Singapore, Gary Tay, shared his gut-wrenching experience on LinkedIn of being laid off after nearly ten years, having tr...- Air India set to lay off 200 staff to recast businessTata-owned Air India restructures, cutting 200 jobs. Compensation for retrenched staff. VRS schemes utilized. Air India Express part of the...
- Moonlighting: Staff can't take up work that's against company's interests, says govtMoonlighting refers to a full-time employee of a company taking up an additional job, usually without the employer's knowledge. There have ...
- CITU condemns mass retrenchment of IT employees"All these IT multinational companies have been earning huge profits and there is no reason to retrench employees. The firing operations ar...
- Air India buyer may be allowed to retrench staff in a yearThey will be retrenched through the government’s voluntary retirement scheme (VRS), where an employee gets an amount that’s equivalent to m...
- Vodafone offers ‘golden handshakes’ to retrenched staffA golden handshake is used to describe the severance package offered when an employee is retrenched, and is given only to those valued by t...
- China's state-owned banks cut thousands of jobsAs the economic slowed, China has announced that its plans to cut over-capacity in the steel and coal production could result in 1.8 millio...
- Anil Agarwal-led Vedanta Aluminium to lay off employees, no hope of revival of refineryAnil Agarwal-led Vedanta Resources' subsidiary VAL today said it is considering up to 100 job cuts in the next two months.
- Tata-led Neotel to retrench staff in South AfricaCompany proposes to pay retrenched staff one week's pay for every year of service. There was no detail on the number of staff that might be...
- Airport policy will ground workers, warn airlinesAirline companies have told the government that they will be forced to retrench staff if new ground-handling policy is implemented from Jul...
- ‘We don’t intend to retrench staff’Technical textiles and refrigerant gas maker SRF feels the worst might be over for the economy and the company. Managing director Ashish Bh...
- Airport strike from midnight: AAI makes contingency planAAI and security agencies held an emergency meeting in Kolkata on Thursday to chalk out a contingency plan to deal with the 48-hour all-Ind...
- Govt hikes retrenched staff's allowanceThe Centre has hiked the unemployment allowance cover under its key insurance scheme from six months to one year, in probably the biggest i...
- Govt to examine the reasons for retrenchment in IT ParkThe CPI-M led LDF government in Kerala on Saturday decided to initiate stringent steps by intervening on retrenchment of employees by certa...
- Retrenched staffs begin wilting under pressureEmployees facing difficult times are falling prey to ailments such as insomnia, loss of appetite, restlessness & depression.
- Goyal apologises, says no wage cut for reinstated staffUnder pressure, Jet Airways today took back the 1,900 sacked staff within 48 hours and its Chairman, Naresh Goyal, personally apologised fo...
- Jet Airways calls back retrenched staff to workNaresh Goyal, chairman of Jet Airways, announced the rescinding of the decision to sack 1,900 employees. Sacked Jet employees protest | Fir...
- Jet Airways calls back retrenched staff to workJet Airways chairman, Naresh Goyal asks employees to come back to work from tomorrow.Top airports | First ever aviation show
- Jet retrenched probationers: labour commissionerAltogether 700 of the 1,900 retrenched Jet Airways employees were on probation with less than one year of service record, Deputy Chief Labo...
- Reliance Retail says no job cutsReliance Retail on Wednesday said it is pressing ahead with its planned expansion and there was no retrenchment of its staff, rubbishing re...
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