Evening Edition - 2022-05-26

Evening Edition 2022-05-26

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ETHRWorld Newsletter | Thursday, May 26, 2022

Daily Newsletter
Top Stories
Unacademy CEO says funding 'winter is here'; tells employees to adapt, target profitability
Unacademy had recently laid off over 600 employees as demand for online education slowed down due to opening up of offline institutes.  read more...
Huawei India CEO approaches Delhi High Court challenging LOC against him
On May 1, Xiongwei was stopped at Indira Gandhi International Airport, New Delhi as there was the LOC against him issued by the Income Tax department. He was set to attend an official meeting of his company in Bangkok.  read more...
Embattled payments startup Bolt is cutting one-third of staff
In a message to staff on Wednesday, Bolt chief executive officer Maju Kuruvilla wrote that the company was making cuts as part of a broader restructuring.  read more...
AMFI asks mutual fund staffs to start working from office by June 10
Sources said that the new directive has come after the allegations of front-running surfaced in Axis Mutual Fund recently.  read more...
Jet Airways staff association challenges airline's resolution plan before NCLAT
In its petition before the National Company Law Appellate Tribunal (NCLAT), the association has prayed for complete payments of the gratuity, unpaid wages, privilege leave encashment, bonus from April 2018 to June 2019 and retrenchment compensation to all workers and employees, the statement said.  read more...
Bankers vie for honours and rewards by adopting sustainable lifestyle
Bank of America has asked its employees across the world to opt for sustainable choices of living.  read more...
Attracting and retaining senior talent
In an exclusive interaction, HR leaders share how beneficial a senior talent can be for the workforce and the organisation. Witnessing certain trends, they discuss a few ways to attract and retain the senior talent.  read more...
Making workplaces truly LGBT-inclusive
In this article, Prof Premilla D'Cruz and Prof Ernesto Noronha of IIM Ahmedabad share the common mistreatment being faced by LGBT employees and how to build a truly inclusive workplace.  read more...
Investing in skills of future can add $8.3 trillion to global economy: WEF
The Reskilling Revolution initiative, a coalition of 50 CEOs, 25 ministers and 350 organisations committed to realising these gains for their economies, societies and organisations, marked two years of progress at the World Economic Forum (WEF) Annual Meeting 2022 in Davos on Wednesday.  read more...
Why these employees working on Google Maps don't want to come back to office
As per the mandate, these contract workers are required to work from office all five days a week starting June 6. As these employees work for Cognizant, rather than Google directly, they are not eligible for the tech giant's three-day work week policy and have petitioned for the same flexibility.  read more...
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