Salary Cut
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Crisis-Hit Himachal Chief Minister, Ministers Defer Salaries For 2 Months
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu and his ministers will defer salaries and allowances for two months to help battle a financial crisis inflamed by devastating landslides, flash floods, and heavy rain in August, last year and thi
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Salary Cuts, Contract Review - Pakistan Stars In For Shocker After T20 World Cup Debacle: Report
T20 World Cup: A reliable source in the board said that some officials and former players had advised PCB Chairman Mohsin Naqvi to reassess the central contracts given to the players during his predecessor Zaka Ashraf's tenure.
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Higher Salary Threshold For UK Family Visa: What New Rules Mean
The United Kingdom announced on Thursday that the minimum income threshold required to sponsor a family member's visa in the country has been increased, as part of Prime Minister Rishi Sunak's plans to cut down immigration levels.
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UK's Family Visa Crackdown To Impact Many Indian Family Plans
The UK government's latest set of visa crackdowns to cut immigration figures includes a major hike in the minimum salary threshold for British nationals and permanent residents applying to bring family members to join them in the UK.
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UK's New Plan For Overseas Students, Skilled Workers To Cut Migration
In a major step, the UK government today announced "radical action" to bring immigration down, including hiking the minimum salary that skilled foreign workers will need to earn if they want a visa to work in the UK.
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Man Claims His Salary Was Cut After He Got Stuck In Company Elevator
He recorded the elevator accident, documented discussions with HR and AM, considering higher-level grievance escalation.
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Microsoft's Salaried Staff Won't Get Raise This Year, Reveals Leaked CEO Mail: Report
Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...
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Microsoft To Cancel Salary Hikes, Cut Budget For Bonuses This Year: Report
Microsoft Corp will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella.
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Google CEO Sundar Pichai Receives $200 Million In 2022 Amid Cost Cutting
Alphabet Inc Chief Executive Sundar Pichai received total compensation of about $226 million in 2022, more than 800 times the median employee's pay, the company said in a securities filing on Friday.
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Employees' Union Seeks Action Against Wipro For Cutting Fresher Salaries
IT sector employees' union NITES has written to the Union Labour Minister against Wipro's decision to cut salary offers to freshers awaiting onboarding, as it called for strict action against the tech company.
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"Unethical": Anger As Wipro Cuts By Half Salary Offers To Freshers
Wipro's move to cut salary offers to freshers awaiting onboarding by almost 50 per cent under one programme has been termed "unjust" and "unacceptable" by employees union NITES.
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Zoom to Lay Off 1,300 Workers as Firm Cuts 15 Percent of Workforce Amid Slowing Demand
Zoom announced on Tuesday that it will cut about 1,300 jobs, amid slowing demand in a post-pandemic world. The cuts will affect 15 percent of the company's workforce. Zoom CEO Eric Yuan said he would take a pay cut of 98 percent for the coming fiscal year and forego his bonus.
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Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions
Intel CEO Pat Gelsinger will take a 25 percent salary cut, the company announced on Tuesday. The chipmaker is cutting management salaries across the firm, as it tries to save cash for its turnaround plan. Last week, Intel provided a gloomy outlook, predicting one of the worst quarters in its more than 50-year history, amid a shaky global economy.
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Intel To Slash Employee Salaries, Cut Top Official's Pay By 25%: Report
Intel spokesperson Addy Burr said the "changes are designed to impact our executive population more significantly and will help support the investments and overall workforce."
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"Never Had To Fire People Because": Ashneer Grover Amid Mass Layoffs
Several multinational companies including Amazon, Goldman Sachs, Microsoft, Meta, Google and Swiggy are laying off thousands of employees.
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Crisis-Hit Himachal Chief Minister, Ministers Defer Salaries For 2 Months
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu and his ministers will defer salaries and allowances for two months to help battle a financial crisis inflamed by devastating landslides, flash floods, and heavy rain in August, last year and thi
-
Salary Cuts, Contract Review - Pakistan Stars In For Shocker After T20 World Cup Debacle: Report
T20 World Cup: A reliable source in the board said that some officials and former players had advised PCB Chairman Mohsin Naqvi to reassess the central contracts given to the players during his predecessor Zaka Ashraf's tenure.
-
Higher Salary Threshold For UK Family Visa: What New Rules Mean
The United Kingdom announced on Thursday that the minimum income threshold required to sponsor a family member's visa in the country has been increased, as part of Prime Minister Rishi Sunak's plans to cut down immigration levels.
-
UK's Family Visa Crackdown To Impact Many Indian Family Plans
The UK government's latest set of visa crackdowns to cut immigration figures includes a major hike in the minimum salary threshold for British nationals and permanent residents applying to bring family members to join them in the UK.
-
UK's New Plan For Overseas Students, Skilled Workers To Cut Migration
In a major step, the UK government today announced "radical action" to bring immigration down, including hiking the minimum salary that skilled foreign workers will need to earn if they want a visa to work in the UK.
-
Man Claims His Salary Was Cut After He Got Stuck In Company Elevator
He recorded the elevator accident, documented discussions with HR and AM, considering higher-level grievance escalation.
-
Microsoft's Salaried Staff Won't Get Raise This Year, Reveals Leaked CEO Mail: Report
Microsoft will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology secto...
-
Microsoft To Cancel Salary Hikes, Cut Budget For Bonuses This Year: Report
Microsoft Corp will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella.
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Google CEO Sundar Pichai Receives $200 Million In 2022 Amid Cost Cutting
Alphabet Inc Chief Executive Sundar Pichai received total compensation of about $226 million in 2022, more than 800 times the median employee's pay, the company said in a securities filing on Friday.
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Employees' Union Seeks Action Against Wipro For Cutting Fresher Salaries
IT sector employees' union NITES has written to the Union Labour Minister against Wipro's decision to cut salary offers to freshers awaiting onboarding, as it called for strict action against the tech company.
-
"Unethical": Anger As Wipro Cuts By Half Salary Offers To Freshers
Wipro's move to cut salary offers to freshers awaiting onboarding by almost 50 per cent under one programme has been termed "unjust" and "unacceptable" by employees union NITES.
-
Zoom to Lay Off 1,300 Workers as Firm Cuts 15 Percent of Workforce Amid Slowing Demand
Zoom announced on Tuesday that it will cut about 1,300 jobs, amid slowing demand in a post-pandemic world. The cuts will affect 15 percent of the company's workforce. Zoom CEO Eric Yuan said he would take a pay cut of 98 percent for the coming fiscal year and forego his bonus.
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Intel CEO Pat Gelsinger Takes 25 Percent Pay Cut as Part of Company-Wide Salary Reductions
Intel CEO Pat Gelsinger will take a 25 percent salary cut, the company announced on Tuesday. The chipmaker is cutting management salaries across the firm, as it tries to save cash for its turnaround plan. Last week, Intel provided a gloomy outlook, predicting one of the worst quarters in its more than 50-year history, amid a shaky global economy.
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Intel To Slash Employee Salaries, Cut Top Official's Pay By 25%: Report
Intel spokesperson Addy Burr said the "changes are designed to impact our executive population more significantly and will help support the investments and overall workforce."
-
"Never Had To Fire People Because": Ashneer Grover Amid Mass Layoffs
Several multinational companies including Amazon, Goldman Sachs, Microsoft, Meta, Google and Swiggy are laying off thousands of employees.
