ByteDance Plans to Offer Performance Bonuses of Up to 50% of Salary to Top Talent in 2026
ByteDance, the parent company of TikTok, is preparing to strengthen its performance-linked compensation framework by offering bonus payouts of up to 50 per cent of annual salary to its top-performing employees in 2026. The move reflects the company’s sharper focus on rewarding individual impact as competition for skilled talent intensifies...
Aadhaar-Based Audit Flags Nearly 7,000 Ghost Employees on Government Payrolls
A recent government audit using Aadhaar-linked data has uncovered widespread irregularities in public-sector payrolls, with close to 7,000 individuals reportedly drawing salaries without performing any official duties. The findings have highlighted persistent gaps in employee verification and salary monitoring across several government departments. The audit was conducted as part of a...
Calcutta High Court Rules Company Can Recover Proven Financial Loss from Employee’s Gratuity
The Calcutta High Court has ruled that a company can recover proven financial losses caused by an employee from their gratuity, even after retirement, if such recovery is permitted under the organisation’s service rules. The case involved a former chairman and managing director (CMD) of MSTC against whom disciplinary proceedings were...
Tesla Considers New Incentive Plan to Prepare Employees for Robotaxi Operations
Tesla is reportedly evaluating a new incentive framework aimed at preparing its workforce for future robotaxi operations, signalling a deeper organisational shift toward autonomous mobility services. The proposed plan focuses on encouraging existing employees to participate in robotaxi-related training and operational activities, potentially supported by additional compensation or performance-linked rewards. If...
FedEx Faces Criticism Over Layoffs in the US and Increased Hiring of H-1B Visa Workers
FedEx has come under criticism for laying off a significant number of American workers while increasing the hiring of foreign professionals under the H-1B visa programme. Reports indicate that the global logistics company expanded international hiring after securing a major federal delivery contract in 2022 valued at billions of dollars. Between...
Amazon Blocks 1,800 North Korean Job Applicants Over Security Concerns
Amazon has reportedly blocked around 1,800 North Korean nationals from applying for jobs at the company, citing serious security risks linked to cyber infiltration. The decision follows warnings from Stephen Schmidt, Amazon’s chief security officer, about attempts by North Korean hackers to gain access to US companies by posing as...
Chinese Auto Components Firm Offers Apartments to Employees as Long-Term Retention Incentive
A Chinese automobile components manufacturer has attracted attention for introducing an unusual employee-retention strategy that links long-term service with home ownership. Zhejiang Guosheng Automobile Co., a Wenzhou-based company that manufactures automotive fasteners, has launched a programme under which loyal employees are rewarded with residential apartments. As part of the initiative, the...
Hindustan Coca-Cola Beverages to Lay Off Around 300 Employees Amid Restructuring
Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola India, is set to reduce its workforce by around 300 employees, affecting at least four per cent of its approximately 5,000-strong staff base. The layoffs will span multiple departments, including supply chain, sales, distribution and operations. The move is part of an...
Air India Express Suspends Pilot After Alleged Assault on Passenger at Delhi Airport
Air India Express has constituted an external enquiry panel to investigate an incident in which one of its pilots allegedly assaulted a passenger at Terminal 1 of Delhi’s Indira Gandhi International Airport last week. The airline has strongly condemned the pilot’s behaviour. The pilot, identified as Virender Sejwal, was off duty...
Apple Expands India Manufacturing Footprint as Foxconn’s Devanahalli Plant Hires 30,000 Workers
Apple continues to diversify its manufacturing operations beyond China, with India emerging as a key production hub. In addition to its established facilities in Tamil Nadu, the company’s new manufacturing unit at Devanahalli near Bengaluru has already hired around 30,000 employees within eight to nine months of operations. According to reports,...
Karnataka DPAR Issues Advisory on Workplace Discipline and Professional Attire in Government Offices
The Karnataka government’s Department of Personnel Administration and Reforms (DPAR) has issued a circular urging all government offices and organisations to maintain discipline, professionalism, and appropriate workplace conduct. The advisory specifically asks government employees to report to work in decent and professional attire, cautioning against overly casual dressing. The objective, according...
Gen Z Job Tenure Shrinks as Entry-Level Roles Decline, Randstad Report Finds
Gen Z is entering the workforce with strong clarity about long-term career goals, yet staying in jobs for far shorter periods than previous generations. According to Randstad’s Gen Z Workplace Blueprint report, average tenure for Gen Z in their first five years of work stands at just 1.1 years, compared...
JPMorgan Chase Plans Asia’s Largest Global Capability Centre in Mumbai, Up to 30,000 Jobs Expected
JPMorgan Chase is planning to build Asia’s largest global capability centre (GCC) in Mumbai, a move that could eventually support a workforce of up to 30,000 employees and significantly expand the bank’s presence in India. The proposed facility will be a single-user campus spanning around two million square feet in Powai....
EPFO Clarifies Weekends and Holidays Between Jobs Do Not Break Service for Insurance Claims
The Employees’ Provident Fund Organisation (EPFO) has clarified that weekends and holidays falling between an employee’s exit from one organisation and joining another will not be treated as a break in service for insurance claims. The clarification, issued through a recent EPFO circular, is aimed at ensuring fair access to benefits...
McKinsey Plans Workforce Reduction in Support Functions Amid Slower Growth
McKinsey & Co is preparing to reduce its global workforce over the next two years as part of a broader effort to manage costs amid slower revenue growth and changing client demand. The move comes even as the consulting firm marks its 100th year in operation. According to people familiar with...
Ford to Lay Off 1,600 Workers at Kentucky Battery Plant Amid EV Strategy Shift
Ford Motor Company is set to lay off around 1,600 employees at its BlueOval SK battery manufacturing facility in Hardin County, Kentucky, as the automaker recalibrates its electric vehicle (EV) strategy and pivots toward energy storage technologies. The job cuts will affect the BlueOval SK plant in Glendale, a joint venture...
Government Introduces New Labour Framework to Strengthen Protections for Audio-Visual Workers
The Indian government has rolled out a major reform of labour protections aimed at improving working conditions for professionals in the audio-visual sector. The move seeks to enhance wages, safety standards, and job security for workers across film, television, digital media, and related creative fields. The reforms stem from the consolidation...
US Unemployment Rises to Four-Year High as Job Growth Lags Workforce Expansion
Unemployment in the United States climbed to its highest level in four years, according to the latest jobs report. The jobless rate increased from 4.4 per cent in September to 4.6 per cent in November, marking the highest level since September 2021, when it stood at 4.7 per cent. Data from...
Rs 311.67 Crore Released for Former Kingfisher Airlines Employees After Years of Delay
The Enforcement Directorate (ED) has facilitated the release of ₹311.67 crore for disbursement to former employees of the now-defunct Kingfisher Airlines, providing long-awaited relief to workers whose dues have remained unpaid since the airline shut down operations. The release follows an order issued on 12 December by the Debts Recovery Tribunal...
Odisha Plans Major Tourism Expansion Aimed at Creating 15 Lakh Jobs
The Government of Odisha has unveiled an ambitious tourism expansion plan that is expected to generate employment for nearly 15 lakh people across the state. The initiative includes the development of 15 tourist destinations and aligns with the state’s long-term vision of Viksit Odisha by 2036. The objective of the plan...
Delhi Mandates 50% Work-from-Home as Air Pollution Remains Hazardous
The Delhi government has directed organisations across the national capital to shift at least 50 per cent of their workforce to work-from-home arrangements as part of emergency measures to address persistently hazardous air quality levels. The order applies to both government offices and private-sector establishments, limiting on-site attendance to half...
Intel Cuts 59 Jobs in Santa Clara as Part of Global Workforce Reduction Plan
Intel has eliminated 59 positions across three of its facilities in Santa Clara, California, as part of its previously announced plan to reduce its global workforce by about 15 per cent. All 59 roles were classified as permanent, according to a regulatory filing. The layoffs took effect on 30 November and...
Porsche Plans Workforce Reduction of Up to 25% in Germany Amid Sales Slowdown
Porsche has informed employees in Germany about plans to significantly reduce its workforce as part of a restructuring exercise. According to internal communications, the company is considering cutting up to 25 per cent of jobs, which could affect around 5,500 employees, making it the largest workforce reduction in the automaker’s...
Pfizer Plans Workforce Reduction in Switzerland as Part of Cost-Saving Strategy
Pfizer is planning to reduce its workforce in Switzerland as part of a broader, multi-year cost-reduction programme, according to media reports. The move could result in more than 200 job cuts, with the company’s Swiss operations expected to shrink from around 300 employees to about 70 by the end of...
Samsung Introduces $10,000 Adoption Benefit to Support Employees’ Family-Building Choices
Samsung Electronics has announced a new adoption benefit for employees, expanding its family-support and inclusion-focused initiatives. Under the new policy, the company will provide a one-time payment of $10,000 to employees who adopt a child, regardless of their benefits plan tier. The benefit will take effect from January. The company said...
