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Sad Christmas: Paytm To Layoff 1,000 Employees; Who All Are At Risk?

Sad Christmas: Paytm To Layoff 1,000 Employees; Who All Are At Risk?

It is a sad Christmas for Paytm employees. In response to ongoing financial challenges, Paytm, an Indian multinational financial technology company, has laid off around 1,000 employees.  One 97 Communications – an Indian multinational technology

UNESCO Offers US $138,996 For Executive Director Job In Italy; See Details

UNESCO Offers US $138,996 For Executive Director Job In Italy; See Details

Do you know that UNESCO (United Nations Educational, Scientific and Cultural Organization) is paying US $138,996 for an Executive Director job in Italy, a country in Europe? Yes, you heard it right!  There is a

Elon Musk’s X Violated Contract By Failing To Pay Millions In Bonuses To Employees

Elon Musk’s X Violated Contract By Failing To Pay Millions In Bonuses To Employees

Twitter (now called X) violated contracts by failing to pay millions of dollars in bonuses to employees, a federal judge in the United States ruled on Friday. Twitter, now called X Corp, had promised its

Spain’s Telefonica To Lay Off Over 3,400 Workers; Who All Are At Risk?

Spain’s Telefonica To Lay Off Over 3,400 Workers; Who All Are At Risk?

Telefonica, a Spanish multinational telecommunications company, is set to lay off more than 3,400 workers over the next two years in order to reduce costs. The Unión General de Trabajadores (UGT), a major Spanish trade

Uber To Raise Minimum Wage For Drivers In France

Uber To Raise Minimum Wage For Drivers In France

Uber — a technology company that provides ride-hailing services, food delivery, and freight transport — is set to raise the minimum wage for drivers in France, a country in Europe, under a wider wage agreement.

Tesla Alters Employee Compensation Strategy; What To Expect?

Tesla Alters Employee Compensation Strategy; What To Expect?

Tesla, an American multinational automotive and clean energy company, has altered employee compensation strategy. The company has informed salaried employees that they will not be getting merit-based equity awards this year.  According to a Bloomberg

Bay Area: Intel To Lay Off 235 Employees; See Details

Bay Area: Intel To Lay Off 235 Employees; See Details

Intel, an American multinational corporation and technology company, is set to lay off 235 employees in its fifth round of job cuts this year. Santa Clara-headquartered company has said that employees will be laid off

Amazon Founder Jeff Bezos Spends $42 Million To Build A Clock, Here’s Why

Amazon Founder Jeff Bezos Spends $42 Million To Build A Clock, Here’s Why

Jeff Bezos, the founder, executive chairman, and former president and CEO of Amazon, has spent $42 million to build a colossal clock, designed to tick for 10,000 years.  Referred to as "The Clock of the

Tesla To Raise Pay For Hourly Nevada Gigafactory Workers; See Details

Tesla To Raise Pay For Hourly Nevada Gigafactory Workers; See Details

Tesla, an American multinational automotive and clean energy company, is set to raise pay for the set-rate hourly workers in January. Electric vehicle (EV) maker Tesla Inc will increase the pay for hourly workers from

Is AI Really Your Savior? Deloitte Using AI To Prevent Layoffs

Is AI Really Your Savior? Deloitte Using AI To Prevent Layoffs

Amid the rapid expansion of technology, AI (artificial intelligence) has become a savior for employees and employers. Deloitte, the largest professional services network by revenue and number of professionals in the world and is considered