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Ferrari is giving record annual bonuses to its Italian workforce after reporting strong financial results in 2025. Despite delivering slightly fewer cars than the previous year, the company’s revenues rose 7 percent to €7.1 billion, while operating profit climbed 12 percent to €2.1 billion. Around 5,000 employees in Italy are eligible for bonuses of up […]

The post Ferrari rewards staff with record bonuses after strong 2025 appeared first on HR Katha.

Livspace has let go of about 1,000 employees, that is, about 12 per cent of its staff, as part of a planned internal reorganisation. As per the company, this move is to become more focused on artificial intelligence (AI). However, the layoffs also come after four years without new funding and no clear path to […]

The post Livspace lays off 1,000 employees;shifts to AI; sees co-founder exit appeared first on HR Katha.

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