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VOLUNTARY SEPARATION PROGRAMME
India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...- 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.
- 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 ...
- Coca-Cola rejigs top team as part of a sweeping global restructuring exerciseThe company’s marketing head Vijay Parasuraman is moving to a global role within the company, and will be succeeded by Arnab Roy, currently...
- Coke India to start voluntary separation exercise this weekThe exercise is part of the global reorganisation the world’s largest beverages maker announced in August-end, when it said it will replace...
- Senior executives quit Oyo, company extends furloughs for some employeesFor its employees on the leave with limited benefits plan, Oyo said it is offering a cash benefit equivalent to their notice pay basis last...
- Cognizant begins to rationalise top deckThe voluntary separation programme could be for 300-400 executives holding the title of a director.
- India pledges contributions of USD 13.36 mn for UN agencies, development activitiesFirst Secretary in India's Permanent Mission to the UN Mahesh Kumar said India has been a regular contributor to the UN since its founding ...
- 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.
- Cognizant relieving 6,000 Indians to hire in US? Techies up in armsA bunch from the workforce in Chennai is preparing for conciliation proceedings with the state labour department in what they claim is a fi...
- IISM set to be closed; staffers reject exit packageThe Indian Institute of Securities Management (IISM), promoted originally by the erstwhile UTI and which came under the Securities Exchange...
- AOL, Sony Ericsson to cut 4500 jobs in totalCuts are part of a plan to save $300 mn at AOL and return to profitability at the earliest for Sony Ericsson.
- 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...
- Fujitsu says cutting 1,750 Philippines jobsJapan's Fujitsu Ltd. announced plans on Wednesday to axe 1,750 jobs in the Philippines, blaming the global economic downturn.
- ArcelorMittal plans to cut 650 jobs in BelgiumThe World's largest steel maker, ArcelorMittal, on Friday said it plans to slash 650 jobs at its largest plant in Belgium, as part of its c...
- ArcelorMittal to cut over 1,550 jobs in Germany & BelgiumWorld's largest steel maker, ArcelorMittal, will cut over 1,500 jobs in Germany and Belgium in response to sagging demand. Europe, Japan sl...
- PSUs to hold hands even after golden handshakeCentral public sector enterprises employees opting for voluntary retirement have something to cheer about this Christmas.
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