Sensitivity and Empathy Required During Layoffs
With startups like Localbanya, TinyOwl, Zomato, Helpchat letting go off employees, employees across the startup sector, where people were rushing towards until recently, are spooked. Indian startups require thousands of engineers and skilled workers, and now compete with large MNCs for talent, hence there is a huge demand and supply gap, which leads to salary hikes.
Things To Do In Your Last Month, Week And Day At Work
Leaving a workplace could both be an exciting or a sad situation, depending on the circumstances, whether asked to leave or moving on of your own accord. However no matter what the reason, doing a few things in your last few days in the company, will help ensure a smooth transition, save you a rushed last day, and help further in your career and personal relationships.
8 Signs You’re About To Get Fired
Getting fired is never pleasant, but it doesn’t have to come as a surprise. If your neck is truly on the line, you’ll have plenty of hints that you might be on the chopping block. Here are some signs that you’re about to get fired.
Ecommerce Logistics Startup Pickingo To Shut Following Failed Funding Deals
Bangalore-based hyperlocal delivery startup Pickingo will soon shut shop. In a series of setbacks, that first set foot when the funding deal with SAIF capital fell through, followed closely by cash-strapped Zomato pulling the plug on a potential investment, Pickingo is shutting operations according to a report by Livemint.
Local Banya Faces Cash Crunch, Employees Have Not Been Paid For 2 Months
Visitors to the Localbanya website are greeted with this message: “Your banya is upgrading his technology and services. We will be back shortly with more exciting features and a far better delivery experience. We can’t wait for you to experience the new and improved Localbanya”.
Meanwhile the inside story might be very different.
Wipro Media And Telecom Head Ayan Mukerji Quits
Ayan Mukerji, Chief Executive of Wipro’s Media and Telecom Strategic Business Unit has quit after a 28-year stint with the company.
Smartphones Stock Builds For Diwali Bonanza
Reputed Smartphone brands like Samsung, Lenova, Micromax, Xiaomi and One plus have gone on a stocking spree in anticipation of a grand Diwali, a period that accounts for 33% of their annual sales, according to Counterpoint Technology Market Research.
Rahul Yadav Has Words Of Support For TinyOwl Cofounders
Rahul Yadav, the erstwhile CEO of Housing.com, has come out in support of the beleaguered TinyOwl cofounders. The cofounding team of TinyOwl has been under fire over its recent layoffs, and one cofounder was held hostage in its Pune office for over 2 days by irate employees. However, Rahul Yadav, who’s no stranger to controversy himself, had words of encouragement for the TinyOwl team.
Reliance Moves To An Open Office; Mukesh Ambani Trades Cabin For A Workstation
The times, they are a-changing. Indian companies, which are infamous for their stodgy and bureaucratic ways, are slowly embracing new-age corporate ideas. And leading the way is Reliance, which has made a quiet but significant transformation to its corporate culture.