April 22nd, 2020Online hotel room booking platform OYO informed employees about their 25 percent salary cut and asked some staff to go on a four-month leave amid Coronavirus breakdown.
September 20th, 2018After the Flipkart-Walmart deal, many steps have been taken by Walmart in favor of the merger. This time the company has planned to purchase from Flipkart employees ESOPs worth nearly $800 million. The worth of Flipkart’s total Esop is about $1.5 billion based on the per-share purchase price.
Flipkart announced to its current...
July 3rd, 2018PolicyBazaar.com has announced that it will employ more people in the current financial year. The number of jobs that the company intends to create will be around 2,500 which will take the total count of the employees to 6,000.
The purpose of the company behind this move is to increase the customer base and expand the revenues. The...
Gurgaon based HR Technology startup Benepik that provides a mobile-based solution for Employee Communication, Engagement, Rewards and Recognition, has raised an undisclosed amount in seed...
July 9th, 2017The shortage of housing in California's Silicon Valley has gotten so severe that Facebook Inc on Friday proposed taking homebuilding into its own hands for the first time with a plan to construct 1,500 units near its headquarters.
The growth of Facebook, Alphabet Inc's Google and other tech companies has strained neighborhoods in the...
June 26th, 2017British lender Royal Bank of Scotland said today that it is cutting 443 UK jobs dealing with business loans, and plans to shift many of the roles to India.
The UKs largest government-owned bank said it was moving the jobs, which help handle loans for small businesses, as part of an ongoing cost-cutting drive.
"As we become a...
June 24th, 2017Chinese police have arrested 16 employees of an Apple contractor for selling personal information of iPhone users from eastern Chinas Zhejiang Province.
In January, police in Cangnan county Zhejiang Province suspected several employees or former employees of an Apple distributor and a contractor of stealing user data, the county...
