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FEATURED NEWS

‘Capability over pedigree’: Rajkamal Vempati, Group Head – HR, Axis Bank, on hiring global talent
Talent Management/Samriddhi Srivastava

‘Capability over pedigree’: Rajkamal Vempati, Group Head – HR, Axis Bank, on hiring global talent

Axis Bank’s ARISE Homecoming initiative seeks to attract globally educated Indian professionals by focusing on capabilities, career growth and opportunities to contribute to India’s evolving business landscape.

BMW HR portal crashes as 40,000 employees check voluntary exit offers
HR Technology/Samriddhi Srivastava

BMW HR portal crashes as 40,000 employees check voluntary exit offers

BMW’s voluntary severance programme faced an IT disruption on launch day as eligible employees accessed their individual offers, amid plans to cut 8,000 jobs in Germany by 2027.

Strategic HR/Samriddhi Srivastava

Netflix layoffs: Streaming giant may cut around 800 jobs next week

Netflix is reportedly planning to reduce its workforce by 5%, potentially affecting around 800 employees, as the streaming company seeks faster growth.

Business/Samriddhi Srivastava

Flipkart IPO may be delayed by 1-2 years as former employees seek liquidity

Around 1,000 former employees of Flipkart and its group companies have approached Walmart and Flipkart’s boards, seeking clarity on when they can cash out vested employee stock options.

TCS denies quarterly bonuses to senior employees after missing targets
Compensation Benefits/Samriddhi Srivastava

TCS denies quarterly bonuses to senior employees after missing targets

TCS will withhold quarterly variable pay for employees in C3A grade and above, while eligible junior-level employees will receive 100% of their allowance.

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