Retaining Employees
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Ubisoft Is Discontinuing XDefiant, Shutting Down San Francisco and Osaka Studios
Ubisoft is discontinuing development on its free-to-play shooter XDefiant, the studio announced Wednesday. The online title, which released in May after several delays and playtests, has not been able to retain strong player numbers after a promising launch, the publisher said. As a result, Ubisoft is also shutting down its San Francisco and Osaka ...
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Microsoft Struggles To Retain Women, Minority Employees
Microsoft Corp.'s female, Black and Latinx employees are leaving at an increasing rate, a trend that's complicating the company's efforts to build a more diverse workforce.
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Perplexity AI CEO Shares How Google Retained An Employee He Wanted To Hire
Aravind Srinivas, the CEO of search engine Perplexity AI, recently shared an interesting incident that sheds light on how big tech companies are ready to shell a great amount of money to retain talent.
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Global Banks Expand Maternity Benefits To Retain Women Employees In India
Across India, global financial firms are expanding maternity benefits to include perks rarely seen elsewhere, part of an effort to attract and retain female employees.
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CoinDCX Lays Off 71 Employees, Blames India’s Crypto Tax Impact on Business in Bear Market
India’s CoinDCX crypto exchange has laid off 71 members of its work force, in order to balance its business and finances during this ongoing crypto slump. In its official statement, the company said that India’s TDS deductions on each crypto transaction has slowed down its business, especially during the ongoing bear market.
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Twitter's Head of Brand Safety and Ad Quality to Leave Company: Details
Twitter's head of brand safety and ad quality, AJ Brown, has decided to leave the company, according to a source familiar with the matter on Friday, the second safety leader to depart in a matter of days.
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Retaining Staff Boosts Revenue, Remote Working Major Pull For Employees: Study
At a time when layoffs by global tech firms are grabbing headlines every other day, a new report suggests that retaining employees will help companies grow their revenue and profits.
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Twitter Says No Companywide Layoffs Planned Ahead of Legal Battle Over Sale to Elon Musk
Twitter revealed on Wednesday that it has not planned any companywide layoffs, but is looking at changes to the organisation and restructuring, ahead of its legal battle with Elon Musk over the sale of the microblogging service. The announcement came a day after Twitter sued Musk on Tuesday, trying to force him to complete his $44 billion (roughly ...
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Meta Is Roping In Employees From Apple and Microsoft, Augmented Reality Experts in Focus: Report
Mark Zuckerberg is filling up the AR teams of its rebranded Meta platform (formerly Facebook) with the top minds in the industry. Meta is trying to get engineers from Apple and Microsoft to join its company instead. The companies are rivals in the tech space, the sentiment which is now extending to the metaverse sector as well.
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Apple Said to Be Giving Bonuses of Up to $180,000 to Prevent Defections to Meta
Apple has issued significant stock bonuses to some engineers in an effort to retain talent with an aim to fend off Facebook-owner Meta Platforms’ poaching tactics.
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Kashmiri Migrants Can't Hold Government House Post Retirement, Says Supreme Court
The Supreme Court on Monday held that a government employee who is a Kashmiri migrant cannot retain government accommodation after retirement for a period exceeding three years.
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LG Considering Exit From Smartphone Business, 60 Percent Employees to Be Moved to Other Units: Report
LG has reportedly lost about $4.5 billion (roughly Rs. 32856 crores) over the past five years, and an official claims that it was time for LG to make a cold judgement. The company is said to be “considering all possible measures, including sale, withdrawal and downsizing of the smartphone business.”
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Amazon Said to Plan Keeping Zoox Self-Driving Car Startup Talent After Buyout Deal
Amazon.com plans to create at least $100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered to buy last month, and can walk away from the deal if large numbers of them turn down job offers from the technology giant.
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Tesla To Cut Salaries, Plan Furloughs Amid Coronavirus Crisis
The electric car maker is planning to cut salaries of its executives by up to 30 per cent apart from sending employees on a furlough.
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PayU Buys PaySense for $185 Million to Merge It With LazyPay
PayU on Friday announced it will merge the business operations of "buy now pay later" platform LazyPay and PaySense to build a full-stack digital lending platform in India.
-
Ubisoft Is Discontinuing XDefiant, Shutting Down San Francisco and Osaka Studios
Ubisoft is discontinuing development on its free-to-play shooter XDefiant, the studio announced Wednesday. The online title, which released in May after several delays and playtests, has not been able to retain strong player numbers after a promising launch, the publisher said. As a result, Ubisoft is also shutting down its San Francisco and Osaka ...
-
Microsoft Struggles To Retain Women, Minority Employees
Microsoft Corp.'s female, Black and Latinx employees are leaving at an increasing rate, a trend that's complicating the company's efforts to build a more diverse workforce.
-
Perplexity AI CEO Shares How Google Retained An Employee He Wanted To Hire
Aravind Srinivas, the CEO of search engine Perplexity AI, recently shared an interesting incident that sheds light on how big tech companies are ready to shell a great amount of money to retain talent.
-
Global Banks Expand Maternity Benefits To Retain Women Employees In India
Across India, global financial firms are expanding maternity benefits to include perks rarely seen elsewhere, part of an effort to attract and retain female employees.
-
CoinDCX Lays Off 71 Employees, Blames India’s Crypto Tax Impact on Business in Bear Market
India’s CoinDCX crypto exchange has laid off 71 members of its work force, in order to balance its business and finances during this ongoing crypto slump. In its official statement, the company said that India’s TDS deductions on each crypto transaction has slowed down its business, especially during the ongoing bear market.
-
Twitter's Head of Brand Safety and Ad Quality to Leave Company: Details
Twitter's head of brand safety and ad quality, AJ Brown, has decided to leave the company, according to a source familiar with the matter on Friday, the second safety leader to depart in a matter of days.
-
Retaining Staff Boosts Revenue, Remote Working Major Pull For Employees: Study
At a time when layoffs by global tech firms are grabbing headlines every other day, a new report suggests that retaining employees will help companies grow their revenue and profits.
-
Twitter Says No Companywide Layoffs Planned Ahead of Legal Battle Over Sale to Elon Musk
Twitter revealed on Wednesday that it has not planned any companywide layoffs, but is looking at changes to the organisation and restructuring, ahead of its legal battle with Elon Musk over the sale of the microblogging service. The announcement came a day after Twitter sued Musk on Tuesday, trying to force him to complete his $44 billion (roughly ...
-
Meta Is Roping In Employees From Apple and Microsoft, Augmented Reality Experts in Focus: Report
Mark Zuckerberg is filling up the AR teams of its rebranded Meta platform (formerly Facebook) with the top minds in the industry. Meta is trying to get engineers from Apple and Microsoft to join its company instead. The companies are rivals in the tech space, the sentiment which is now extending to the metaverse sector as well.
-
Apple Said to Be Giving Bonuses of Up to $180,000 to Prevent Defections to Meta
Apple has issued significant stock bonuses to some engineers in an effort to retain talent with an aim to fend off Facebook-owner Meta Platforms’ poaching tactics.
-
Kashmiri Migrants Can't Hold Government House Post Retirement, Says Supreme Court
The Supreme Court on Monday held that a government employee who is a Kashmiri migrant cannot retain government accommodation after retirement for a period exceeding three years.
-
LG Considering Exit From Smartphone Business, 60 Percent Employees to Be Moved to Other Units: Report
LG has reportedly lost about $4.5 billion (roughly Rs. 32856 crores) over the past five years, and an official claims that it was time for LG to make a cold judgement. The company is said to be “considering all possible measures, including sale, withdrawal and downsizing of the smartphone business.”
-
Amazon Said to Plan Keeping Zoox Self-Driving Car Startup Talent After Buyout Deal
Amazon.com plans to create at least $100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered to buy last month, and can walk away from the deal if large numbers of them turn down job offers from the technology giant.
-
Tesla To Cut Salaries, Plan Furloughs Amid Coronavirus Crisis
The electric car maker is planning to cut salaries of its executives by up to 30 per cent apart from sending employees on a furlough.
-
PayU Buys PaySense for $185 Million to Merge It With LazyPay
PayU on Friday announced it will merge the business operations of "buy now pay later" platform LazyPay and PaySense to build a full-stack digital lending platform in India.
