New Delhi, June 11 (IANS) US-based real estate technology company Opendoor has begun winding down its India operations, with CEO Kaz Nejatian announcing that roles currently based in the country will be relocated closer to the company’s customers in the United States.In a note shared with employees and the same posted on social media platform X, Nejatian said the company had started saying goodbye to its colleagues in India as part of a broader restructuring effort.”Today we began to say goodbye…
Latest Employees News & Updates
New Delhi, June 9 (IANS) Indian employers are increasingly noticing the impact of rising living costs inside the workplace and nearly three-quarters (73 per cent) say these costs are affecting employees within their organisation, according to a report released on Tuesday.More than half (56 per cent) employers report growing salary expectations from employees, while over one-third (36 per cent) have seen increased demand for flexible work arrangements.Yet despite recognising these pressures, most…
Srinagar, May 30 (IANS) A team of the 8th Central Pay Commission (CPC) is visiting J&K from May 31 to June 5, and the UT government departments have been asked to present their demands to it, officials said on Saturday.Officials said that according to a communication issued by the Finance Department (Codes Division), the CPC has scheduled an interaction and presentation session with the J&K government on June 1, from 11 a.m. to 1 p.m. at Meeting Hall CR-3, SKICC, Srinagar.The meeting wil…
New Delhi, May 22 (IANS) India’s start‑up ecosystem has entered a phase of “cautious growth” with an active initial public offering pipeline with 70 to 120 start‑ups expected to get listed by 2030, a report said on Friday. The report from professional services firm Aon said start‑ups are likely to deliver an average salary increase of 9.7 per cent in 2026, reflecting a moderation from earlier peaks but still remaining competitive in attracting critical talent.In January 2026, 23 star…
New Delhi, May 19 (IANS) India emerged as a global leader in artificial intelligence adoption, with 41 per cent of employees reporting that they use AI nearly every day, a report said on Tuesday.The report from ADP Research said that around 80 per cent of employees in India use AI at least multiple times a week – the highest levels recorded across all surveyed markets.Indian usage is significantly higher, as only half of the workers surveyed globally use AI multiple times a week. Nigeria (39 p…
Chandigarh, May 13 (IANS) Punjab BJP Chief Sunil Jakhar on Wednesday said the Aam Aadmi Party “is trying to divert people’s attention from real issues by constantly creating new narratives, but under the leadership of PM Modi, the Bharatiya Janata Party will not allow this to happen”. Promising to clear arrears, Jakhar told the media here that more than 3 lakh employees and 4 lakh pensioners in Punjab are awaiting their dearness allowance instalments and arrears.He said the High Cour…
New Delhi, May 5 (IANS) Crypto exchange Coinbase on Tuesday said it is laying off 14 per cent of its staff as artificial intelligence (AI) is changing the way people work, to be lean, fast, and AI-native.All impacted team members will receive an email to their personal account with more information, “and an invitation to meet with an HRBP and a senior leader in your organization”, said the company.“Coinbase system access has been removed today. I know this feels sudden and harsh, but it is…
New Delhi, April 30 (IANS) Renault Group India on Thursday said it has approached the National Company Law Tribunal (NCLT) to seek approval for a proposed restructuring of its India operations.The Duster-maker said in an official statement the plan aims to streamline its operating structure by separating powertrain manufacturing into a dedicated entity, while integrating vehicle manufacturing and sales under a single framework.The company said the move is intended to align with the distinct oper…
Hyderabad, April 29 (IANS) Taking another significant step towards resolving long-pending issues of the government employees in Telangana, the state government has released Rs 1,000 crore towards pending dues. Acting on the directions of the Deputy Chief Minister and Finance Minister, Mallu Bhatti Vikramarka, the funds were released on Wednesday. Principal Secretary of the Finance Department, Sandeep Kumar Sultania, issued the orders for the release. With this, the Deputy CM has fulfilled the as…
Jaipur, April 23 (IANS) Acting on the directives of Chief Minister Bhajan Lal Sharma, the State government has approved a 2 per cent increase in Dearness Allowance (DA) and Dearness Relief (DR) for state employees and pensioners. With this revision, the Dearness Allowance under the 7th Pay Commission has been increased from 58 per cent to 60 per cent, effective from January 1, 2026.The decision is expected to benefit approximately 7.02 lakh employees and 5.44 lakh pensioners across the st…