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STAFF COST OPTIMIZATION
Tata Communications flags role cuts, takes Rs 44.78 cr chargeTata Communications is restructuring its organization, incurring a one-time staff cost optimization charge. The company reported a decline ...- The Project-Driven OrganizationIn an era when adaptability and innovation are paramount, organizations are recognizing the pivotal role of projects in driving success. In...
- Samsung cuts US jobs, offers relocations ahead of HQ moveSamsung Electronics has reduced jobs in its United States consumer electronics divisions. Many workers in New Jersey and Texas were affecte...
- Time to score own goals: India's GCCs create world-class research, but rarely own the IP that generates future wealthIndia's innovation challenge lies in foreign ownership of research assets. Global Capability Centers generate significant revenue but do no...
- World Cup glory hinges on collective effort: Former hockey player Sardar SinghFormer captain Sardar Singh expressed confidence in the Indian men's hockey team's recent performance gains. He believes consistent team ef...
- Indian business optimism weakens as margin pressures weigh: HSBC surveyIndian private sector firms show reduced optimism for the year ahead. Companies are scaling back hiring plans due to rising costs and compe...
- Coursera to cut jobs in post-Udemy merger restructuringThe company expects to incur charges of $8 million to $11 million, primarily from severance and related benefits for affected staff.
- In an Automated World, Human Hospitality Is a Competitive AdvantageAs the adoption of AI to provide customer service accelerates, managers would be well advised to remember that the human touch still matter...
- Why Great Innovations Fail to ScaleScaling innovation today demands contributions from multiple partners. Many innovations fail not because of flawed ideas but because teams ...
- Could China’s 6-tonne autonomous aircraft change who controls tomorrow’s skies, as the Lanying R6000 signals a dramatic aviation shift ahead?China’s 6-tonne autonomous tilt-rotor aircraft is one of the largest unmanned aircraft developed for low-altitude transport and heavy-lift ...
- Techie called ‘money-minded’ by CEO for asking salary hike after cutting down AI costs by 95%. 'You broke the manager's heart'A Reddit post by an AI engineering intern has gone viral after he claimed he was fired from a small startup shortly after requesting a sala...
- Indian employers turn cautious for July-September quarter amid global uncertainties: ReportLooking ahead to the July-September period, India's hiring scene is poised for a slowdown as employers adopt a wait-and-see stance amidst g...
- Kerala’s healthcare gold rush: How private equity is reshaping hospitals and raising fears over costsPrivate equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...
- Iran war dampens India private sector growth, services pick up, PMI showsIndia's private sector growth slowed in May. Manufacturing faced a slowdown, impacting new orders and production. Services saw a marginal i...
- Layoff realities: Why top performance doesn't guarantee job securityMany workers assume that strong performance ensures their position is safe. Yet, unexpected company changes like mergers or financial const...
- India services growth picks up in April on strong domestic demand, PMI showsIndia's services sector saw growth in April, boosted by strong domestic demand. This rise followed a dip in March. However, global orders s...
- Services activity rises back in September; optimism improves to the highest in over nine yearsIndia's services sector showed strong growth in September, with the S&P Global India Services PMI Business Activity Index rising to 61, its...
- Tata Sons restores salaries, could offer pay hikes soonCompensation of top management executives is being restored by the end of this month and pay increases are being finalised across group com...
- Tens of thousands of jobs go as China’s biggest banks cut costsLenders from Citigroup to Deutsche Bank AG have cut staff and costs in revamps since the global financial crisis.
- Railways to hire audit firm to rationalize staff strengthOne of the four private companies shortlisted by the state-run transporter -- Ernst and Young, Deloitte, PWC and KPMG - will be hired for t...
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