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VOLUNTARY SEPARATION PACKAGE
Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the sameThe soccer coach had blocked himself from sportsbooks by the time he found prediction markets.- 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...
- Explained: Is Google asking people to quit?The voluntary exit package (VEP) is reportedly aimed at employees who may feel out of sync with the organisation’s transformation involving...
- YouTube-Google lay offs, job cuts news true? Here's all about 'voluntary exit program' announced by Alphabet's video streaming serviceYouTube's "voluntary exit program" comes days after Amazon had announced job cuts at the corporate level.
- YouTube offers ‘voluntary exit programme’ to US employeesYouTube has introduced a voluntary exit programme for US employees, offering severance pay as part of its first major leadership restructur...
- GM India gets conditional approval from Maharashtra govt for Talegaon plant closureIt paves way for settlement with the workers and brings GM India closer to signing a commercial deal with Hyundai Motor India
- Pune labour commissioner summons Amazon over mass layoffsThis is the second notice Amazon has received over its job cuts. In November, the labour ministry asked it to appear before the deputy chie...
- Amazon downplays India layoffs, terms them 'voluntary separation'ET on November 25 reported that the company had told the labour authorities in Bangalore that it has not sacked any employee, but only let ...
- GM India lays off 1,086 workers after non-acceptance of VSSThe workers union has filed a case at the industrial court in Pune on July 15, challenging the retrenchment of service and sought a stay on...
- 430 workers accept GM India’s final separation package, rest still to decideOver 400 of them were the non-unionised workers who had moved to Talegaon, Pune plant post the Halol, Gujarat plant closure of the US carma...
- Auto, manufacturing firms roll out VRS to streamline operations amid Covid-19Labour and employment lawyers said there has been an increase in VRS offers being rolled out by companies in the last few months after the ...
- Cognizant offers voluntary separation package for US staff as Covid hits bizNew Jersey headquartered Cognizant has announced a voluntary separation package (VSP) for its US employees. Due to the slowdown in demand a...
- Hero Motocorp comes out with VRS offering for employees above 40 yearsThe separation plan, valid until September 28, is applicable for employees above 40 years and those who have completed a minimum of five ye...
- 400 executives accept Cognizant's voluntary separation packageCognizant has a significant chunk of its total 2.56L workforce in India and it is estimated that of the 400 people, a large number could be...
- Employee separation offer first time in India and US: CognizantThe programme gives participants a chance to explore other opportunities while making way for the next generation of leaders to step up.
- Modi government decides to shut 3 HMT units, offer VRS to employeesThe decision to shut the units was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.
- Nokia Siemens Networks to shut down Kolkata telecom factory on July 31Telecom equipment-maker Nokia Siemens Networks (NSN) will close down its fixed-line manufacturing facility in the city from July 31.
- UPS to cut 1,800 jobs in US segment realignmentUPS says it will cut 1,800 management and administrative positions to streamline its US package segment.
- Nokia to cut 170 jobs worldwide: CompanyNokia, the world's leading mobile phone maker, said on Tuesday 170 more jobs would be cut globally as it reorganises its logistics, product...
- Airlines line up job cuts to tide over challenging timesReeling under the high fuel rates, country's leading airlines, including Kingfisher and Jet, are looking at downsizing staff strength, apar...
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