Shooting at jewelry store in Bengaluru, store owner, employees injured

The police have rushed to the scene and are investigating the case Bangalore: This afternoon, four men on bikes stopped outside a jewelery shop in Bengaluru’s Kodigehali and opened fire to rob the shop. The owner of Lakshmi Bankers and Jewelers in Kodigehalli and one of his employees were injured in the shooting incident. The … Read more

Byju’s closes all offices except headquarters, asks 14,000 employees to work from home: report

Byju’s has asked its 14,000 employees to work from home (documents) New Delhi: Edtech company Byju’s has asked its 14,000 employees to work from home as it vacated all its offices except its Bengaluru headquarters amid the ongoing crisis. Sources told NDTV Profit that except for IBC Knowledge Park in Bengaluru, where over 1,000 employees … Read more

Spicejet to lay off 1,400 employees to save costs; details here

Budget airline Spicejet plans to lay off 1,400 employees, or 15% of its workforce, to save costs. economic times Report. The report quoted people familiar with the matter as saying that the layoffs have become necessary due to Spicejet’s salary bill of 600 million rupees. “People are already starting to get calls (for layoffs),” according … Read more

This Korean company pays employees $75,000 for every child they have

South Korea’s birth rate has been on a downward trend since 2015 (representative) New Delhi: An architecture firm in Seoul has come up with a unique way to help solve the country’s alarmingly low birth rate. Booyoung Group is willing to pay its employees 100 million won ($75,000 or Rs. 62,26,106) for every child they … Read more

OYO CEO Ritesh Agarwal told employees that PAT is expected to continue to grow in the coming quarters

Published by: Muhammad Haris Last updated: February 9, 2024 16:18 UTC Ritesh Agarwal, founder and CEO of hotel and travel technology company OYO, said it expects its profit after tax (PAT) to double sequentially to Rs 30 crore in the third quarter of fiscal 2024 and continue to grow thereafter. Agarwal shared the latest news … Read more

In these countries, companies cannot disturb employees after hours

The move echoes similar measures in France, Spain and Belgium New Delhi: Australia is set to join the ranks of several European countries giving employees the right to disconnect from the internet after get off work. The proposed legislation, part of the centre-left Labor government’s wider industrial relations bill and could be passed as early … Read more

Sharad Pawar Group employees condemn EC ruling on Real NCP; says people will give befitting reply

Last updated: February 7, 2024 16:58 UTC Supporters of Nationalist Congress party founder Sharad Pawar on Wednesday condemned the Election Commission’s decision to wear a black ribbon in Pune and nearby areas, recognizing the Ajit Pawar faction as the genuine Congress party. Sharad Pawar was stunned when the Election Commission on Tuesday recognized the camp … Read more

Former employees accuse Elon Musk’s SpaceX of sexual harassment, discrimination

SpaceX went to court last month to try to overturn the NLRB charges San Francisco: Former employees of Elon Musk’s SpaceX have expanded their legal action against the rocket-making company, which they accuse of discrimination and sexual harassment. SpaceX fostered a hostile work environment where jokes about sexual harassment were common, women were paid less … Read more

Snap joins Google and Amazon in laying off 10% of employees this year

January 2024 saw a slew of tech layoffs, and now it appears the company has no plans to slow down. Snap Inc is the latest tech giant to announce layoffs. The company behind popular social media app Snapchat will cut about 10% of its workforce, totaling about 529 employees. It’s worth noting that this isn’t … Read more

Zoom lays off 150 employees as tech companies continue to cut costs

Last updated: February 4, 2024 15:00 US Standard Time Zoom will lay off nearly 150 employees, accounting for less than 2% of the company’s total workforce. Zoom said the layoffs are not company-wide and that it will continue to hire for positions in artificial intelligence, sales, product and across operations through 2024. “We regularly evaluate … Read more