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EMPLOYEE SEVERANCE BENEFITS
Microsoft voluntary retirement scheme: What happens if employees say no to the exit offer?Microsoft has announced a voluntary exit programme allowing approximately 60,000 employees to leave the company with support. The offer inc...
Bill Gates warns next 20 years to be the most tumultuous in human history as Microsoft offers buyouts to 60,000 employeesMicrosoft Layoff News: Bill Gates has warned that the next 20 years could be among the most tumultuous periods in human history as artifici...
Microsoft buyouts: Which 60,000 employees in the US, UK and Canada qualify, benefits, severence package and more. Read the full memoMicrosoft buyouts: Microsoft is offering voluntary buyouts to eligible employees in the US, UK, Canada and India. Employees have until earl...
'I am so torn on what to do': Microsoft employee returning from maternity leave offered voluntary exit, turns to internet for adviceA Microsoft employee in Canada says she was offered a voluntary exit package worth around 10 months of pay just before her maternity leave ...
What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workersMicrosoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Ca...
Walter Koenig dies at 90: ‘Star Trek’ actor won 2026 acting award for short film 'Mr. Fleischmann' months before deathWalter Koenig, the American actor best known for playing Pavel Chekov in the ‘Star Trek’ television series and films, has died at 90. He al...
AI narrative needs to change for India: K Balasubramanian, CEO, Citibank IndiaLong-term capital-gains tax is a big factor on the equity side. On direct investment, the trade agreements are going to be a big positive. ...
YC-backed healthtech startup BioStack raises $9.5 million from Peak XV, DCVC, othersThe Y Combinator-backed startup, which operates across India, the US, Brazil and Argentina, has access to more than 100 million de-identifi...
NPS subscribers are less swayed by short-term market movements now, says Axis Pension Fund CEO Sumit ShuklaAxis Pension Fund intends to enhance its National Pension System offerings to provide better retirement savings options. The introduction o...
The fake commute: How China's unemployed save faceUnemployed individuals in China are pretending to be employed to avoid family concerns about their jobless situation. Many are sharing tips...
India-New Zealand FTA kicks in October 20, gives all Indian goods zero-duty accessIndia's free trade agreement with New Zealand will begin on October 20 and provide duty-free access for Indian goods. This agreement aims t...
Manager approved employee’s medical leave, but company declared he quit without notice and demanded 3 months salary; Patna High Court orders to restore his jobPatna High Court has quashed the State Bank of India’s decision to treat an employee as having voluntarily vacated his service after prolon...
ESOP Muddle: 7 ways ESOPs are used to trick accounts, taking minority shareholders for a rideCompanies do not always pay employees through salaries and bonuses. Sometimes, they reward them with shares – or the right to buy shares at...
“They don’t understand how business works,” Publicis Sapient global CPO on hiring fewer freshersKameshwari Rao says graduates need business knowledge to assess AI-generated work, as clients push for fewer people and more outcome-based ...
US proposes ending deference policy for H-1B extensions; Indian workers may face closer scrutinyThe US Department of Homeland Security proposes to eliminate a policy regarding visa extension approvals. Immigration officers may reassess...
The number of Americans filing for jobless aid remain at historically low levels below 200,000U.S. unemployment benefits applications slightly increased, with initial claims rising to 199,000 for the past week. Despite the increase, ...
Social Security scam warning: How to spot fake messages and protect your informationSocial Security beneficiaries are being warned about scam messages that promise extra payments or threaten problems with benefits. Learn ho...
Office critical illness cover: How well does it protect employees and their families?The distinction matters for how HR teams design the benefit. A fixed benefit CI policy addresses income replacement and non medical costs t...
What is CalPERS? California's richest pensioners revealed - Retired public employees reportedly collecting over $400K a year without workingCalifornia's public pension system has resulted in over 63,000 retirees collecting annual pensions exceeding $100,000. These significant pa...
‘You have a green card of your own’: US' new PERM rules expose a job trap of 'rewards' that employees get stuck in for years, warns IIM alumnusAn IIM Lucknow alumnus has drawn a parallel between the US green card restrictions affecting Indian professionals and a career trap that ma...