With the National Company Law Tribunal fixing the next hearing of the Byju’s case on 6 June, the employees continue…
Browsing: Financial Crisis
Employees of Byju’s may have expected layoffs and may even have been mentally prepared for the same given the financial…
Except for the Bengaluru headquarters, situated in Knowledge Park, Byju’s has shut down all its offices across India. It has…
Due to financial constraints, Byju’s, the edtech startup had been delaying the payment of salaries. It has processed the February…
While the employees of Byju’s have received their January salaries before the promised date, they have also been apprised of…
The cash crunch at Byju’s, the Indian edtech startup seems to be continuing. Latest media reports say that Byju Raveendran,…
Indian quick-grocery delivering company, Dunzo has been in the news for delaying the salaries of its employees. Admist a major…
Go First has been facing financial difficulties for some time now. Its employees, including crew members have not been paid…
It hasn’t been long since the news of Byju’s considering another round of layoffs amidst financial challenges came out. Now,…
Many pilots of Go First have reportedly started looking out for jobs elsewhere, what with the low-cost airline filing for…
Since the company’s failure to launch its satellite in January, Richard Branson’s satellite launch company, Virgin Orbit has not been…
In a bid to cut costs, Twitter has reportedly not paid up the rent for its global offices and its…
With the country in lockdown for a third time, the British government has offered additional help to the retail, hospitality…
Post July, when Air India had asked its senior officials to draw a list of employees who may be sent…
With no hope of demand picking up this holiday season, Lufthansa is seriously considering reducing its fleet of planes by…
National carrier, Air India, which had reportedly evaded depositing the TDS and PF of its retired employees since January 2020,…
The pilots of Air India have expressed their displeasure at the unfair pay cuts imposed across the board. In a…
The pandemic has robbed many people of their livelihood. Even the scooter-rental platform, Bounce, has laid off almost 22 per…
It is not just companies going into deep losses that are laying off staff, but even those witnessing growth in…
According to the BSNL employees’ union, despite almost 79,000 BSNL employees opting for the voluntary retirement scheme (VRS) – considerably…
According to the New Democratic Labour Front (NDLF), an IT employee union, the US- based IT major, Cognizant, has begun terminating…
Amidst the recent developments in the aviation industry, SpiceJet has introduced a new salary structure for its pilots. For the first time…
Qatar’s Finance Ministry has instructed all government bodies and state-funded organisations to cut spending on its foreign employees by 30 per cent…
AirAsia India is imposing an average pay cut of 40 per cent on its pilots for the months of May…
Edelman, the American public relations and marketing consultancy firm, has announced job cuts. It will be laying of about seven…
Amara Raja Group has announced that the salaries of the junior- and senior-management levels of its workforce will be deferred…