Bengaluru-based scooter rental startup Bounce has recently laid around 20% of its workforce in as a cost-cutting measure, as an Entrackr report. Most of these lays are from mid and senior-level with high salary packages. According to the report, the company has decided to let go of about 120 employees primarily from an internal project…
Tag: coronavirus outbreak
Coronavirus Pandemic: Aviation industry braces for impact
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•The novel coronavirus outbreak, which originated in the Wuhan City of China, has now become a global headache. So far, the pandemic has claimed more than 8,900 lives and infected more than 200,000 people in 160 countries. But it’s not just individuals who are infected with the virus, businesses have been facing tremendous losses. The…
HCL invokes contingency plan as Noida employee tests COVID-19 positive
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•After one of its employees tested positive for the novel coronavirus, IT major HCL Technologies have assured its other employees about their safety. According to a report by MoneyControl, the Noida-based company issued a circular to its employees informing about the happenings inside the company. As per the circular, which was accessed by MoneyControl, the…
Covid-19 crisis: Vohra Wound Physicians allows increased access to its telemedicine program
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•Vohra Wound Physicians announced increased access to its longstanding telemedicine program in response to the CDC’s efforts to slow the spread of coronavirus (COVID-19) and Medicare’s move to waive restrictions on telemedicine provisions. At a time when older adults are vulnerable to the virus and access to care is limited due to the CDC’s COVID-19…
Covid-19 crisis: Calendly offers free Zoom and GoToMeeting integrations to help remote workers
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•Calendly, the global leader in meeting scheduling software, is offering free integrations with Zoom and GoToMeeting through June 30th to help remote workers endure the public health crisis. Calendly will also be providing free premium plan access to researchers and teams helping to solve the COVID-19 crisis. As many meetings are being moved, scheduled, and…
After Tata, Volvo, now Ford asks its 10,000 employees in India to work from home
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•The entire world has been impacted immensely due to the coronavirus pandemic, resulting in layoffs, leave without pay and witnessing the largest experiment of work from home in the world. Amid rising concerns for its employees, now the US auto major Ford has asked its 10,000 employees in India, except those in business-critical roles, to…
Ed-tech companies bridge the gap between learning and schooling amid coronavirus pandemic
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•As the world is battling with the novel coronavirus, the education system has come to a halt. Due to the pandemic, which has now spread to about 161 countries, schools and educational institutions around the globe are forced to shut. The decision to close these places was taken by the health organizations to prevent the…
Urban Company rolls out COVID-19 health insurance & income protection cover for its partners
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•Urban Company ( formerly Urban Clap), a home services marketplace, has rolled out COVID-19 health insurance and income protection cover for service professionals on its network. The move is expected to support around 30,000 professionals active on the platform. The company founded in 2014 has emerged as India’s largest services market place with presence in over…
Exclusive: TravelTriangle lays off over 100 employees across departments, Coronavirus takes its toll
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•The travel industry has been in a soup since the coronavirus outbreak. With many countries closing their borders and visas getting rejected, the travel and tourism industry is getting severe blows. Start-ups, in travel aggregation and vacation planning, have seen their business almost coming to a complete halt in the last two months, and for…
India Inc and COVID-19: The battle for workplace safety
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•“Desperate times, call for desperate measures” When the first case of Coronavirus was reported, nobody expected it to engulf the whole world in fear, causing a recession-like situation. The pandemic has so far has claimed more than 4,000 lives worldwide and infecting 100,000 people. As we speak today, the virus has begun spreading in India…
Flipkart allows work from home option to employees
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•In an attempt to prevent the transmission of the novel coronavirus among employees, e-commerce company Flipkart has offered its employees work from home option for three days. The offer is preferably made available to young employees whose children are studying up to fifth grade. A Flipkart spokesperson said, “In addition, we are checking system preparedness…
Amazon extends work from home advisory for employees
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•E-commerce giant Amazon Inc recently announced that it has extended its work-home-home advisory to include employees in New York and New Jersey. The move is aimed at lowering the risk of coronavirus transmission among the employees. In an official statement, the company said, “We continue to work closely with public and private medical experts to…
Gates Foundation and Wellcome Trust with Mastercard launch $125mn fund towards COVID-19 treatments
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•Microsoft founder’s The Bill & Melinda Gates Foundation along with Wellcome Trust and Mastercard recently announced a new fund to accelerate technologies designed to identify, assess, develop and scale treatments to the COVID-19 epidemic. According to an official statement, The COVID-19 Therapeutics Accelerator will evaluate new and repurposed drugs and biologics to treat patients with…
Coronavirus outbreak: Indeed instructs all employees to work from home
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•Companies across the globe are reacting to the coronavirus outbreak. The virus has spread across the globe impacting businesses in a great manner. Reports claim that the Covid-19 crisis has created new epicenters in Europe and the US. Companies are uniting in these troubled times, taking all possible measures to stop the virus from spreading…
Microsoft’s humanitarian act amid coronavirus outbreak
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•The novel coronavirus outbreak has hit the tech and manufacturing industry severely with many companies shutting down factories, closing operations or shifting work out by asking employees to work from home. The outbreak has led to the world’s largest work from home experiment to take place. As the Washington State has emerged as one of…