The edtech giant has to sever 2,500 employees to avoid role duplication across businesses, says founder in a letter to employees
HCL Technologies on Wednesday weighed into the issue of moonlighting, that has created quite a stir in the industry, and said while it does not approve of dual employment, the issue is not a major one within the company. Put simply, moonlighting refers to employees taking up side gigs to work on more than one job at a time. "Dual employment while working for HCL Tech...we do not approve of that. Everybody who signs up to work for HCL Tech is signing up employment contract which requires exclusivity. The requirements around confidentiality, and non compete... all those provisions that are there we expect our employees to honour those commitments," Ramachandran Sundararajan, Chief People Officer of the company said during the Q2 earnings briefing. Fortunately, he said, moonlighting has not come up as a big problem within HCL Technologies. "We don't have that as big problem that we have too many people indulging in dual employment. It is not a big problem. We have had one or two stray
Taking a tough stand against those involved in moonlighting, IT services giant Wipro sacked 300 employees in September; here's how they caught the moonlighters
To cut costs, the company cut hundreds of jobs, shuttered stores and outsourced delivery to third parties this year
Only 9% of managers say hybrid work model gives them confidence that employees are productive
While most IT firms discourage employees from taking up side jobs outside regular working hours, some like Swiggy or CRED are encouraging it. Can India Inc stay ahead of the curve on moonlighting?
Study says growth in prosperity also needs to be environmentally sustainable and must be solid and resilient in the face of external shocks
It said this could encompass activity outside of office hours or on weekends that does not impact their productivity on full-time job or have a conflict of interest with company's business in any way
Amid uncertainty, Sri Lankans are lining up at the passport office in Colombo to get a new passport or get their old one renewed, desperate for a way out of the crisis-marred country
Joe O'Connor heads a nonprofit helping companies around the world to adopt more flexible work schedules.
Mercer's 2022 Global Talent Trends study highlights that difficulty in hiring the right talent, at the right price, and in time remains a top concern in 2022
Microsoft's Work Trend Index findings reveal that 70 per cent of Gen Zs and Millennials in India are somewhat or extremely likely to consider changing employers this year
The Chhattisgarh government has decided to set up an employment mission headed by Chief Minister Bhupesh Baghel to create around 15 lakh job opportunities in the state in the next five years
TCS, the largest IT services player, has told all its employees to be back at their deputed locations by November 15
Spotify is planning to hire hundreds of staff to boost its advertising sales as it looks to increase revenue
Facebook Inc plans to hire 10,000 people in the EU over the next five years
The recovery in employment after the pandemic-induced disruptions has been uneven, with job losses being concentrated among salaried employees and entrepreneurs
The apex court observed this while dismissing a petition by a lecturer challenging a October 2017 order of the Allahabad High Court
THE CARROT: Relocation allowance, flexible timings, daily breaks for personal matters