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  EPFO hikes interest rate to 8.25 per cent on employees' provident fund, highest in three years

  Business | February 10, 2024 12:55 IST

  The EPFO's apex decision making body Central Board of Trustees (CBT) has decided to provide 8.25 per cent rate of interest on EPF for 2023-24 at its meeting on Saturday, a source said.

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  INTERESTING! Pharma company owner gifts 'cars' to employees ahead of Diwali in Haryana's Panchkula

  Trending | November 04, 2023 10:38 IST

  Trending news: The pharma company owner said he plans to increase the number of cars from 12 to 50. The employees, meanwhile, are pleasantly surprised to receive the gift. A few of them don't even know how to drive.

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  'On alert, employees safe': Adani Group on safety of Israel's Haifa Port amid war with Hamas

  Business | October 09, 2023 20:44 IST

  "We have taken measures to ensure safety of our employees and all of them are safe," said the Adani Group's spokesperson. Over 700 people have been killed in Israel after Hamas launched a barrage of rockets.

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  China: Police detain employees of cash-strapped real estate developer Evergrande amid crisis

  World | September 17, 2023 18:38 IST

  The real estate crisis in China exacerbated by Evergrande's failure to pay over $340 billion in debts has raised concerns of impacting global economy.

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  Jharkhand: Six vehicles torched, two private firm's employees assaulted by Maoists in Palamu

  India | August 24, 2023 11:21 IST

  Jharkhand news: The incident took place in the Haldiya Ghati area under the Chhatarpur Police Station limits which is around 220 km from the state capital Ranchi, on Wednesday (August 23) evening, he said.

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  BYJU'S lays off 100 employees citing 'poor performance', taking tally to 3,600

  Business | August 19, 2023 12:17 IST

  In February 2023, the company laid off 2,500 employees. The latest round of layoffs brings the total number of employees that BYJU'S has laid off in the past year to over 3,600.

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  Mobile Premier League lays off 350 employees | Know FULL DETAILS here

  Business | August 09, 2023 9:50 IST

  MPL Co-Founder Sai Srinivas in an email to employees said that it was confirmed last week that a 28 per cent GST will be levied on the full deposit value rather than on Gross Gaming Revenue.

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  Mumbai: BEST contract workers go on flash strike, bus services to be affected today

  Maharashtra | August 02, 2023 10:04 IST

  BEST workers strike in Mumbai: The protest is taking place at Azad Maidan in Mumbai by contract workers of BEST.

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  86% of Indian workers feel sense of pride at work, says Report

  Business | June 18, 2023 20:37 IST

  According to the Great Place To Work report, about 89 per cent of senior employees felt most positive of pride.

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  Meta reduced several office perks, employees expressed their unhappiness

  Technology | April 13, 2023 20:00 IST

  Numerous employees at Meta have expressed their dissatisfaction with the reduction in cafeteria options and other office perks.

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  7th Pay Commission: Central govt employees likely to receive salary hike with 4% DA increase in July

  Business | April 10, 2023 15:01 IST

  The DA and Dearness Relief (DR) are reviewed twice a year, in January and July. Additionally, it has been reported that the hike in DA is expected to be based on a revised formula for calculation.

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  Central Govt employees to get 4% increase in dearness allowance

  India | March 25, 2023 12:41 IST

  A 4% increase in dearness allowance and dearness relief has been approved by the Union Cabinet for 47.58 lakh central government employees and 69.76 lakh pensioners. The current dearness allowance stands at 42%.

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  EPFO: How to apply for extra pension benefits under the EPS system - DETAILS

  Business | February 21, 2023 11:36 IST

  EPFO publishes guidelines for additional pensions under the EPS system. Applications for additional pension benefits may now be submitted till March 3, 2023.

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  Amazon asks employees to work from office at least three days a week

  Business | February 18, 2023 12:07 IST

  Amazon is changing its policy, requiring corporate employees to work in the office for at least three days per week. The move aims to improve collaboration and innovation, but it remains to be seen how employees will respond to the change.

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  Yahoo layoffs: 'Beneficial for overall profitability of company', says CEO Jim Lanzone

  Business | February 10, 2023 14:28 IST

  Yahoo layoffs: The layoffs will help the company to go on offense and invest more in businesses that are profitable. According to the company, 12 per cent of the workforce (around 1,000 employees) would be laid off on Friday.

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  Yahoo to fire 1,000 employees this week under cost-cutting campaign

  Business | February 10, 2023 14:03 IST

  Yahoo would lay off over 20% of staff in a major restructuring effort. Technology giant has announced job cuts in its advertising technology division, affecting nearly half of its ad tech employees.

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  Disney to lay off 7,000 employees to cut costs, reward shareholders for company's transformation

  Business | February 09, 2023 9:37 IST

  Disney employees lay off: Entertainment giant Disney is laying off 7,000 employees to cut costs, its CEO Bob Iger has announced.

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  Why did Spotify layoff 600 employees globally?

  Technology | January 24, 2023 9:58 IST

  Spotify has said that they have around 9,800 full-time employees, out of which the organisation is planning to remove around 6 per cent workforce. The average employee will get a maximum of 5 months of severance that will be calculated based on local notice period requriements.

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  Facebook CEO Mark Zuckerberg confirms laying off thousands of employees today: Reports

  World | November 09, 2022 10:28 IST

  Facebook employees lay off: According to reports, the company is anticipated to let off thousands of employees from Wednesday. This will likely be the biggest layoff in the tech industry this year.

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  Elon Musk to 'remodel' Twitter, plans to lay off employees

  World | October 30, 2022 7:51 IST

  Elon Musk twitter: The Tesla CEO also instilled suspicion amongst social media users when he tweeted on his Twitter "Let the good times roll" shortly after he acquired the social media platform and closed the deal.