Tag: Coronavirus
BMW to lay off 10,000 contract workers- Report
BMW has confirmed that the German manufacturer is looking at axing at least 10,000 contract workers, in an effort to reduce its capacity due...
Volvo announced to cut 4,100 white-collar jobs this year
On Tuesday, Truck- and Construction Equipment maker AB Volvo said in a statement that it plans to cut its white-collar workforce by around 4,100...
IRDAI: Insurance guidelines for claims under coronavirus
Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines for the general insurer and health insurers on the handling of claims reported under coronavirus.
Where coverage...
India to lose 130 million jobs amid lockdown: Report
According to a report by Genius Consultants, India is set to lose around 130 million jobs in the midst of the Covid-19 crisis....
JCB India has laid off 400 permanent employees
According to the ET report, JCB India, India’s largest construction equipment major has laid off almost 400 permanent employees as part of its rationalization...
BP to lay off 10,000 employees globally
Amid the coronavirus pandemic, Oil & Energy major British Petroleum to lay off 10,000 employees globally from its workforce globally by the end of...
Motilal Oswal announces bonuses and promotions to staff
Motilal Oswal Financial Services has announced the payment of bonuses and performance-linked variable pay to the entire 6,000-plus employees of the group.
Sudhir Dhar, Executive Director - Group...
COVID-19: GMR Group cuts employees’ salaries up to 50%
GMR Group cuts employees' salaries by up to 50% due to Covid-19, The reduction in compensation is maximum at the highest level.
Battling against COVID-19...
How ITC Infotech is fighting with Coronavirus Pandemic
In an exclusive conversation with Suchismita Burman, Chief Human Resources Officer, ITC Infotech India Limited on Talent Strategy during COVID-19
Suchismita Burman is the Chief...
Home Credit India lays off 1,800 employees
Consumer loan finance firm Home Credit India on Thursday said it has reduced its headcount by 1,800 employees due to slowdown caused by the...