layoff Archives - Rvpg media

Enterprise Covid-19 Layoff Lawsuit Pact Finalized for $425,000

Enterprise Holdings Inc., an Orlando-based subsidiary, and hundreds of employees who were laid off during the initial outbreak of Covid-19 will accept a federal judge’s modification of an agreement settling the class action. Under the pact, Enterprise Holdings and Enterprise Leasing Company of Orlando LLC will pay $425,000 to end the May 2020 suit. The … Read more

White-Collar Jobs More at Risk of Layoff in Recession Than Blue-Collar

White-collar workers fared much better than blue-collar employees during the coronavirus recession. Several signs suggest the opposite will be true in a Fed-induced 2023 downturn. Several blue-collar sectors are set to be protected from layoffs, while white-collar workers are at risk. Loading Something is loading. The economic pain in the next downturn will be completely … Read more

Ola layoff: Ola rescinds move to fire 200 engineers

Ola has decided not to terminate the services of 200 engineers that the ride-hailing firm was earlier planning to let go, according to sources in the know. On September 19, reports emerged that 200 engineers were being fired across its ride-hailing and fintech businesses in a fresh round of layoffs. Employees were informed about the … Read more

Ola Takes U-Turn On ‘Unfair’ Layoff Plan, Won’T Fire Software Engineers

Mini Ola has decided to call off its plan to fire software engineers as senior leaders thought the initial move was “unfair”, a source in the company confirmed to CNBCTV18.com on Friday. Ride-hailing platform Ola has decided to call off its plan to lay off employees across different software verticals, a source in the company … Read more

Injury lay-off was ‘difficult mentally,’ says Temba Bavuma ahead of T20I series

IND vs SA: Injury lay-off was ‘difficult mentally,’ says Temba Bavuma ahead of T20I series We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by continuing to use our site. To know more, see our Cookie Policy and Cookie Settings.Ok Source link

Ola makes U-turn on layoff plans

Ola has decided against laying off its engineers for now. Senior officials at the ride-sharing and mobility company apologised to their respective team members for the anxiety caused due to the sudden layoff plans and said there would be “no cuts”, two sources familiar with the matter told DH on condition of anonymity. The managers … Read more

Ola to lay-off 200 engineers, 500 staff across verticals as part of restructuring plan

Ola had earlier laid off close to 2,000 employees due to the closure of the pre-owned car business, Ola Cars, and quick commerce business Ola Dash Ola Electric’s sales are diminishing and it sold 3,421 EV two-wheelers in August, a drop from 3,862 units the company sold in July Ola, the multi-national ridesharing company, plans … Read more

How to rebound after a layoff

After enjoying a candidate’s market for months, it’s unsettling to see layoffs back in the news. From Peloton to Robinhood to Shopify, dozens of large companies are reducing their workforces, leaving thousands of people looking for new jobs. If you’re among them, the good news is that it’s still a good job market, says Ken … Read more

Ola Layoff: Ola to lay off 1,000 employees while hiring aggressively for EV biz

Urban mobility firm Ola is in the process of firing close to 1,000 employees even as it ramps up hiring for its electric mobility business, company insiders and recruitment agencies said. ET reported on July 6 that the company had started handing out pink slips and that it had yet to formalise annual appraisals for … Read more