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EMPLOYEE TERMINATION
Chinese tech firm manager sacked after leaked payslip reveals his approximately Rs 5 crore salaryA manager in China has been fired after his 4.5 crore salary became publicly known, per SCMP. Tencent dismissed the employee, identified as...- Bandhan Bank employee from Valsad records video showing floodwater rising to his neck in Gujarat; district saw over 1,100 mm rain in 16 hoursA Bandhan Bank employee from Valsad, Gujarat has shared a video showing neck-deep floodwater outside his home, capturing the scale of flood...
- Telangana govt begins disciplinary action against engineer who allegedly worked in US for nearly two decades without approvalTelangana's roads and buildings department initiated disciplinary proceedings against an engineer. He allegedly worked in the United States...
- After 11 years at Kentucky Ford plant, diabetic worker was fired over a $1.95 cookie, later offered $33,000 in back wages after proving he paid, now plans to sue the carmakerKurt Kromm, a former Ford electrician, is suing after being fired for allegedly stealing cookies. He proved his payment with bank records, ...
- Meta employees' lawsuit shows that if AI fires you, proving it is the hard partA Meta Platforms lawsuit claims AI tools unfairly targeted employees for layoffs. Workers face difficulties proving AI discrimination due t...
- 'Resign or we will terminate you': HC advocate shares how to avoid this HR ultimatum and forced resignation trapCompanies often pressure employees into resigning to avoid legal obligations. As per a HC advocate, a forced resignation under threat is no...
- The Risks of Prioritizing Short-Term Revenue Over Customer FitMost startups measure success through top-line revenue growth. But beneath vanity metrics often lurks a hidden threat: sales debt. Like tec...
- Gratuity, leave encashment not part of CIRP cost: NCLATThe NCLAT dismissed an appeal regarding priority payment of gratuity dues. It upheld an earlier NCLT order concerning Duncans Industries' f...
- Salary has to be paid before 7th day of the succeeding month under new labour code; Know what else the new labour code says about salary timelineUnder the new labour code, employers must pay salaries by the seventh day of the following month. Daily wage workers must be paid at the en...
- MoS Shantanu Thakur reviews Deendayal Port's performance, infrastructure and green initiativesMinister of State for Ports, Shipping and Waterways Shantanu Thakur on Saturday reviewed the operational performance, infrastructure develo...
- Employee wrongly reported Rs 65.21 lakh VRS payout in ITR, lost tax relief; ITAT Pune rules the amount is not taxable and grants him reliefEmployee got Rs 65.21 lakh as VRS after company shut plant, but wrong ITR reporting led to tax dispute; ITAT Pune rules in his favour and g...
- Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
- US judge won't block Meta from laying off workers who filed AI discrimination lawsuitDistrict Judge William Orrick in Oakland, California, in a written order said he would not stop Meta from carrying out the layoffs beginnin...
- Woman informs her boss about pregnancy, 3 hours later she gets fired from the job. 'I trusted this manager'A woman has gone viral after claiming she was fired just three hours after telling her manager that she was pregnant. According to her, she...
- Wife seeks to stop Husband’s pension over unpaid maintenance; Madras High Court rejects plea for this reasonDespite court order husband did not pay maintenance to wife; she files case to stop his pension on this ground but loses case in Madras HC ...
- SBI rejects Rs 9.48 lakh VRS claim after employee dies a month before cut-off date; HC orders payment to family for this reasonSBI denied Rs 9.48 Lakh VRS benefits as employee died a month before VRS retirement cut-off date; Telangana HC grants relief to family and ...
- Bengaluru professor who gave 19 years to her college reinstated after one-line termination: Court rules in her favour after finding she was actively teachingAn assistant professor secured reinstatement after nearly two decades of service. Jain College terminated her employment with a one-line no...
- Wall Street banks rule on staff betting on prediction markets, sources sayIn a significant move, major Wall Street banks have revised their employee conduct guidelines. The updated policies impose restrictions on ...
- Goldman bans staff from participating in finance, politics prediction markets, source saysGoldman Sachs has prohibited staff from trading prediction market contracts. These contracts are linked to financial markets and political ...
- California co-founder of $8 billion asset management firm fired for skipping his own return-to-office rule, now seeks $30 millionA co-founder of California-based Bramshill Investments, an $8 billion asset management firm, has sued after being fired for allegedly viola...
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