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…
Internet domain registrar and web hosting company GoDaddy recently announced a restructuring exercise due to the impact of the coronavirus pandemic. The said restructuring plan is expected to affect about 12% of the company’s total workforce or more than 800 employees. The company said that the employees will either be let go or be moved…
German airline Lufthansa recently said that it might have to cut 22,000 jobs due to impact on business caused by the coronavirus pandemic. “The recovery in demand in the air transport sector will be slow in the foreseeable future,” the airline said. Speaking after a meeting with trade unions, a Lufthansa spokeswoman said the airline…
Silicon Valley-based venture capital firm Mayfield recently announced that it has raised $750 million in capital through two venture capital funds. With the closure of the new funds, the firm currently has assets over $2.5 billion under its management. The new funds are Mayfield XVI ($475million) and Mayfield Select II ($275million). The firm said that…
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…
She has taught you to grow and build a world you wish to see. She has taught you to stay empowered and know how it has changed everything for her. She has taught you to move ahead without hesitation and that’s what she continues to teach you. These five women entrepreneurs are the life lessons…
India has been long known as the world’s outsourcing destination. From housing BPOs for the world’s biggest tech companies to moving forward as a manufacturing hub for the world, India has come a long way. The country is aggressively reinventing itself as an innovation hub and boasts of 27 home-grown unicorns who are leading the…
The CXOs are the brain and soul behind every company decision. It is their expertise, knowledge, and capabilities that can either take the organization to new heights or hamper the growth of the company. Choosing a CXO is a tough and tiring task for any organization. There are a lot of factors to be considered…