Tag Archives: Employees’

Job cuts in Deutsche Bank: From NYC to Bengaluru, employees’ careers end in an envelope, a hug and a cab ride

A Deutsche Bank employee in Bengaluru told Reuters that he and several colleagues were told first thing that their jobs were going. (Reuters) Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of ... Read More »

Amazon’s offer to employees: Quit your job, take $10,000 and start a business

NEW YORK: Amazon, which is racing to deliver packages faster, is turning to its own employees with a proposition: Quit your job and we’ll help you start a business delivering Amazon packages. The offer, announced on Monday, comes as Amazon seeks to speed up its shipping time from two days to one for its Prime members. The company sees the new incentive ... Read More »

Here’s How Employers Can Prevent Their Employees From Job Hopping

The days of casually picking a candidate to fill a role at your company and expecting them to stay long-term are over. If you are an employer or manager and you don’t have a strategy to retain your employees, you can’t expect them to stay. Millennials no longer need to apologize for job hopping, so it’s on employers to not only ... Read More »

Workplace wellness programmes benefit healthy employees more than others

A number of studies have pointed to the potential benefits of workplace wellness programmes — from increased gym use to decreased health-care spending. But what wasn’t clear was whether wellness programs are really making people healthier, or whether healthier people are more likely to enroll in them. A new study suggests it’s the latter. Long before this insight was revealed by science, it was ... Read More »

Make Wellness Travel a Staple in Company Trips for Happy, Productive Employees

The world has become obsessed with the pursuit of wellness, and the travel industry is far from immune. In fact, wellness travel is one of the fastest-growing tourism industries today, with predictions that it will rake in $680 billion in 2017 alone. Related: 6 Ways to Curb Jet Lag and Travel Fatigue Wellness travel is popular, of course, because it seeks to push “pause” ... Read More »

Embarrassed, Upset Over Handful Of Employees, Says Axis Bank Chief Shikha Sharma

New Delhi: “Embarrassed and upset” over the conduct of a handful of employees bringing the organisation into disrepute, Axis Bank MD and CEO Shikha Sharma on Sunday said the bank has hired KPMG to conduct a forensic audit for enhanced due diligence and building more safeguards. Assuring that the fundamentals of the bank is on a “solid footing’, Ms Sharma ... Read More »

Suspicious Deals: Axis Bank Suspends 24 Employees, 50 Accounts

The raid was conducted at an Axis Bank branch situated in Noida Sector 51. Mumbai: In the wake of disclosure of transgressions in its network, including a case in Noida which came to light today, private sector lender Axis Bank said it has so far suspended 50 accounts and 24 employees for suspicious activities. Asserting that investigating agencies acted on ... Read More »

Lenovo Confirms New Layoffs, Says Less Than 2 Percent Employees Affected Globally

  Lenovo has confirmed the latest round of layoffs in the company, saying that it’s part of the “ongoing strategic integration between Lenovo and its Motorola” smartphone business. In a statement, Lenovo claimed that the new layoffs only impact 2 percent of the entire 55,000 employees globally. Unfortunately, the Chinese company hasn’t revealed many details about the layoffs. Droid-Life in ... Read More »

Five Lakh Bank Employees To Go On One-Day Strike

Employees of PSU banks, private banks, foreign banks and co-operative banks will join strike Chennai: Around five lakh bankers will go on strike on September 2 protesting against the central government’s economic polices and anti-labour reform measures, the All India Bank Employees’ Association (AIBEA) said on Thursday. In a statement, the AIBEA said at the call for the National General ... Read More »

Freedom 251 Now Ringing Alarm Bells Over Employees’ Situations

The Indian makers of a $four cellphone hope its low price will permit tens of millions of the poorest people to personal a mobile smartphone in a marketplace with only 10 percent penetration. However labour rights campaigners worry that push to churn out cheap handsets and drugs may also lead to greater abuse of Employees’ rights in India, the sector’s ... Read More »