In a very surprising move, online lending marketplace LendingClub recently announced the termination of its President Steve Allocca. Though a lot of job cuts are happening throughout the world, the firings so far were only limited to medium or junior level employees. The recent decision to terminate the serving President by the company is a…
After several weeks of rumors about his differences with the company, Pravin Jadhav, the Managing Director and CEO of Paytm Money has resigned from the company. According to a news report by Entrackr, Jadhav had submitted his papers last week and it is being reported that he will be relieved by the end of April.…
Adding to the long list of layoffs by major startups, 245 employees of UberEats India are now on the verge of getting the pink slip after the company’s acquisition by Zomato. According to a report by The News Minute, these employees have been asked to leave the company by March this year. While 163 of…
Some stories on severance pay-out’s.Severance pay comprises the pay and benefit’s awarded to an employee on his/her exit from an employer. The exits may be some untimely exit brought around by a firing or because of some M&A, or it could be retirement. We have listed some interesting stories related to severance pay-out’s. Severance Packages:…