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General Motors GM has initiated a significant restructuring of its technology division, laying off...
General Motors GM has laid off more than salaried employees, primarily engineers from its Comp...
General Motors GM has announced plans to lay off approximately , employees worldwide as part o...
In a strategic move aimed at staying competitive in an evolving automotive industry, General Motors (GM) has announced significant changes to its salaried performance evaluation and bonus plan. These alterations are designed to attract top talent, reward high achievers, and address underperformance head-on. General Motors: A Shifting Automotive Industry The automotive industry is undergoing a […]
Walchandnagar Industries Limited (WIL), a heavy engineering products and EP&C services company appoints Santanu Ghoshal as President – Organization Development, effective 15th of May. Confirming his appointment, Santanu said, “After a long association with Schaeffler, I have decided to move on and take up an exciting assignment with Walchandnagar Industries.” “I have joined WIL as […]
A global market leader, Gilbarco Veeder Root India has appointed Ritesh Joshi as Head– HR. Before joining this, Ritesh held various leadership roles at Cummins Inc. and spent over 10 years with the organization. He confirmed the appointment on social media and said, “I’m excited to start my new job as Head- HR for Gilbarco […]
Hyundai Motor India Limited (HMIL), India’s first smart mobility solutions provider and the largest exporter since inception, signed an Asset Purchase Agreement (APA) for the acquisition and assignment of identified assets related to General Motors India (GMI)’s Talegaon Plant in Maharashtra. Unsoo Kim, Managing Director and CEO of Hyundai Motor India Ltd., and Asifhusen Khatri, […]
Hyundai Motor India Limited (HMIL), India’s first smart mobility solutions provider and the largest exporter since inception, today signed a ‘Term Sheet’ for the potential acquisition of identified assets related to General Motors India, Talegaon Plant, Maharashtra. The Term Sheet covers the proposed acquisition of (i) Land & Buildings and (ii) Certain machinery and equipment […]
The year 2023 started on a Layoff note. Now, Google Parent Company Alphabet, Citigroup, and General Motors have announced fresh layoffs. 107,780 employees were sacked from various companies this year in January 2023. However, in February 2023 the number has reduced to 47,533 impacted employees. And in March to date, 2,070 employees have been sacked. Recently, in […]
DCM Shriram appoints TISS alumnus Hameed Jung as Vice President and Group Head, Learning and Development. He joins DCM Shriram from Baxter International Inc. where he was associated with the organization as Head of Talent Management, India. Before Baxter, Hameed Jung worked with GE as Global HR Business partner- Construction and Commissioning and Steam India […]
As major relief to over 1,000 protesting workers of General Motors India’s plant in Talegaon, Pune, the Bombay High Court has upheld the Pune Industrial Court’s directive to the auto major to pay 50% salary to the employees. In July 2021, the Industrial Court in Pune directed the Indian unit of General Motors to pay […]
