Pizza maker Domino’s Pizza Inc recently announced that the company’s flagship stores and its franchisees would hire about 20,000 people to fulfil the increasing demand. According to a Reuters report, the pizza maker said it would hire people in various roles including delivery experts and chefs in the United States. The recent development at the…
Indian food delivery unicorn, Zomato recently announced that it would introduce a 10-day leave program or “period leave” for its female and transgender employees. The company says that it is a part of the brand’s efforts to combat the stigma associated with menstruation in the country. According to a Reuters report, Zomato is currently leading…
Uber announced that it will recruit 140 more engineers for its tech teams in Bangalore and Hyderabad to build cutting-edge products in areas such as rider and driver growth, delivery, marketplace, customer service, digital payments, risk and compliance, safety, and finance technology. “These expansion plans are in line with our vision to make mobility and…
Just months after it laid off 1100 employees across various markets in May, food tech unicorn Swiggy recently announced that it has decided to let go of another 350 employees, in what is being termed as the second wave of layoffs at the company. According to the foodtech giant, the industry has recovered only to…
Bengaluru-based cloud services provider G7 CR Technologies recently announced that it has decided to pass on the various benefits to its employees for a safer and healthy work environment. The company has announced a work from home allowance of ₹18,000 for all its employees. The intent is to aid the purchase of UPS and office…
British department store chain John Lewis recently said that it would close about eight stores in the UK. The move is expected to put around 1,300 jobs at risk in another blow to the UK retail sector. The recent layoffs and cost cutting measures in the retail sector are a result of the impact of…
Largest German airlines Lufthansa will reportedly cut 20% of its leadership positions and 1,000 administrative jobs in a restructuring plan that it announced recently to cope with fallout from the coronavirus crisis. The company had earlier in June had said that it would cut about 22,000 jobs due to impact on business caused by the…
British coffee chain Pret A Manger has recently said that it will not reopen 30 of its shops in the United Kingdom post the coronavirus lockdown. It further said that it is planning to cut around 1,000 jobs. The recent development at the coffee chain is an outcome of the decline in customer demand due…
Workers at India’s biggest two-wheeler exporter Bajaj Auto, are reportedly demanding the temporary closure of one of its plants after 250 employees tested positive for coronavirus. The recent demand by the union comes at a time when the company is struggling to ramp up operations. India went into complete lockdown in late March to curb…
France’s flag carrier Air France recently confirmed plans to cut about 7,500 jobs including 1,000 at its sister airline HOP!, amid protests from staff over its response to the collapse in travel due to the coronavirus pandemic. The French airline, part of Franco-Dutch group Air France-KLM, said it had lost 15mn euros a day during…
Israeli software giant Amdocs is reportedly laying off about 1,000 employees in Israel and globally due to the impact of the coronavirus pandemic. According to a report by news website Calcalist, with $691mn of Amdocs’s $1bn quarterly income coming from U.S. clients and the uncertainty surrounding the financial recovery in the world’s largest economy due…
Kalyan Jewellers on Thursday announced the appointment of Sanjay Raghuraman as its first chief executive officer. Along with Sanjay’s appointment, the company also inducted Salil Nair and Anil Nair as directors on its board. Raghuraman was earlier serving as the chief operating officer of the company, Kalyan Jewellers said in a statement. Additionally, Salil Nair…
Ireland-based multinational professional services company, Accenture will reportedly cut upto 900 jobs in the United Kingdom. According to a Guardian report, the consultancy firm is set to lay off about 900 employees in the UK to reduce costs as the coronavirus pandemic lowers demand for its services. The company employs 11,000 people in offices across…
British luxury department store Harrods recently said that it is planning to cut about 672 jobs due to the impact of the coronavirus pandemic. The store’s flagship branch on Brompton Road in Knightsbridge, London was closed for about three months amid the COVID-19 pandemic and subsequent lockdowns. The store which is now owned by the…
The airline industry has been in a soup since the coronavirus outbreak in China. As the outbreak turned into a pandemic, the aviation sector came to a total halt bringing the aerospace companies’ nightmares into reality. The tourism and aviation industry has been one of the most impacted industries in the economic ecosystem due to…