Tag: Employees

The EPFO also anticipates that switching to this new system will result in large cost savings in terms of pension payouts. (Representational Image/Pixabay)
Posted in Business

EPS pensioners will be able to get pension from any bank or branch from January 1, 2025

Sep 06, 2024 09:16 AM IST The proposed Centralized Pension Payment System (CPPS) has been approved, allowing a national centralized system of pension payouts through…

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Elon Musk had previously assured X employees that they can cash out the stock, just like SpaceX employees
Posted in Business

Elon Musk’s email to X staff says they’ll get their stock option grants, but with a catch: Report

Aug 28, 2024 02:18 PM IST This comes when promotions were delayed without explanation at X, leading to tensions between the staff and leadership, making…

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Unified Pension Scheme: Employees' body wants minimum service period cut to 20 years
Posted in Economy

Unified Pension Scheme: Employees’ body wants minimum service period cut to 20 years

The central government employees‘ organisation has demanded several enhancements to the Unified Pension Scheme (UPS), including reducing the required service period to 20 years from…

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The Cisco logo is displayed in front of Cisco headquarters on February 09, 2024 in San Jose, California (Getty Images via AFP)
Posted in Business

Cisco to lay off thousands more in second job cut this year: Report

Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas,…

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The total number of employees in Reliance Industries was 347,000 in 2023-24, but was 389,000 in 2022-23. (ANI)
Posted in Business

Reliance Industries cut workforce by 11% in 2023-24, retail segment sees highest number of cuts

Reliance Industries Ltd, has reduced its workforce by 11% or by 42,000 people during the financial year 2023-24 compared to the year prior, the Economic…

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A sign is displayed on a Google building at their campus in Mountain View, California, on Sept. 24, 2019 (Jeff Chiu/AP)
Posted in Business

‘I scream every time it’s lunch’: Google employee shows what Google’s canteen in Gurgaon offers

A Google employee has shared a glimpse into the search engine giant’s canteen at its Gurgaon office, showing the various food options as well as…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

startups: Worst of layoffs likely over, startups hand out fewer pink slips in H1

Indian startups fired fewer employees in the first half of 2024 compared with the previous six months and a year earlier, an indication that the…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

WayCool Foods: Agritech firm WayCool Foods lays off over 200 employees

Agritech startup WayCool Foods has let go of over 200 employees in its third round of layoffs in roughly a year, sources in the know…

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WayCool layoffs: Layoffs have affected employees across Chennai, Bengaluru and Hyderabad, and its subsidiaries CensaNext and BrandNext.(Freepik)
Posted in Business

WayCool layoffs: Startup fires 200 employees in 3rd round of layoffs in 1 year

Jul 26, 2024 12:13 PM IST WayCool layoffs: The company previously laid off over 300 employees in July last year followed by termination of 70…

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Union Budget 2023: Are you richer or poorer? Here's the bottomline
Posted in Finance

Inclusion of foreign workers in PF unconstitutional: High Court

(This story originally appeared in on May 07, 2024) New Delhi: Fifteen years after the law was amended to include international workers within the ambit…

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