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Musk defends Twitter’s layoffs, saying the company is losing $4 million daily and there was “no choice”

Elon Musk, the new owner of Twitter, has asserted that a major round of layoffs at the microblogging platform were required due to the millions of dollars the company was losing daily. He clarified that all those losing their jobs were given three months of severance pay, “which is 50% more than legally required,” in …

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Microsoft to skill 45,000 women and youth in three years

Microsoft’s CyberShikshaa programme will train 45,000 women in order to close the skills gap in the field of cyber security. Over the following three years, the initiative will give 45,000 women and underserved youth technological skills that will enable them to find employment in the cyber security field. Additionally, it will help to ensure diversity …

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Rajasthan Govt to regularise 1.10 lakh contractual workers

Rajasthan Chief Minister Ashok Gehlot has paved the way for the regularisation of contractual workers employed in various ministries throughout the state government by giving his approval to the execution of the “Rajasthan Contractual Hiring to Civil Post Rules, 2022.” Over 1.10 lakh contract workers will benefit from the action and receive social security as …

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Tech Mahindra to hire 3,000 employees in Gujarat in next 5 years

In the years to come, Gujarat will employ a large number of people. Over the next five years, Tech Mahindra plans to employ at least 3,000 employees in the State. In accordance with its IT/IT-enabled services (ITeS) policy, the Indian company providing information technology services has signed a Memorandum of Understanding (MoU) with the Gujarat government …

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12% wage increment for staff of PSU general insurance companies

For employees of four public sector general insurance companies effective from August 2017, the Finance Ministry has announced an average 12% pay increase. A gazette notification dated October 14, 2022 stated, “This Scheme may be called the General Insurance (Rationalisation of Pay Scales and other Conditions of Service of Officers) Amendment Scheme, 2022,” It added …

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Moonlighting will not be accepted at TCS

Tata Consultancy Services (TCS) views moonlighting as unethical. The activity is against the company’s core beliefs and culture. So far, no staff member has been expelled for it. However, it has been made clear to staff members that the company will not accept moonlighting. According to Rajesh Gopinath, CEO of TCS, the Company’s stance on moonlighting …

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Infosys has been accused of bias and discrimination

Infosys has been charged with discrimination in hiring. The IT major reportedly didn’t hire women with children, those from India, or those who were 50 or older. Jill Prejean, a former vice president of talent acquisition at Infosys, has made these allegations. Prejean claims that since she resisted the Company’s demand to discriminate, she was …

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DGCA will hire 400 people to bolster its surveillance capabilities

There is a staffing shortage in the Directorate General of Civil Aviation, India’s aviation regulator. Since it hasn’t employed anyone in more than eight years, the regulator now needs more staff since during that time, the nation’s aircraft fleet has expanded rapidly. According to a recent ET report, the DGCA employs over 1,300 people, over …

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11 lakh railway employees will get a 78-day bonus

Eligible Indian Railways employees will receive their productivity-linked bonus (PLB), which is equal to 78 days’ pay, for the twelfth consecutive year. As the ceiling for calculating wage for PLB is set at Rs 7,000 per month, over 11 lakh non-gazetted employees of the Indian Railways can expect to receive around Rs 17,951 each. To …

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