Author: HR Talk

Foxconn increased its workforce by 50,000 workers in the last two weeks

Employers who fail to prove dual employment must pay arrears: Kerala HC

Dell restructuring causes at least 12,000 job layoffs

No salary appraisals for employees this year at Unacademy

ShareChat cuts 5% roles amid 16 million debt financing

Byju’s salary delays continue despite fresh funding

Lion Electric lays off 10% of workforce

Paramount to reduce 15% of its roles in the United States.

Dubai is introducing 4-day workweek for 15 public-sector entities

Deutsche Bahn (DB) has announced a significant restructuring plan that includes cutting approximately 30,000 full-time jobs over the next five years. This decision comes after the company reported a €1.2 billion loss in the first half of the year, citing recent strikes, major construction projects, and extreme weather conditions as the primary causes. In addition to the job cuts, the company also plans to close unprofitable divisions, particularly in rural and economically weaker regions. Specific railway lines are reportedly targeted for closure as well. The German government, which owns Deutsche Bahn, is pushing for the company to become more economical…