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HRKatha
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Air India Express terminates 25 crew members over protest
- Air India Express terminated 25 cabin crew members who called in sick as a protest against management policies.
- The termination was due to a breach of contract conditions and disruption caused by the coordinated absence of crew members.
- The protesting crew members were immediately terminated and ineligible for further employment benefits.
- Air India Express issued an ultimatum to remaining sick-reported crew members to return to duty or face similar consequences.
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HRKatha
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Air India Express axes 25 crew members over protest
- Air India Express, a subsidiary of the Tata Group, terminated 25 cabin crew members who participated in a protest by calling in sick.
- The airline cited breach of contract conditions and immediate termination of employment for the protesting crew.
- The protest resulted in flight disruptions, cancellation of 60 flights, inconvenience for passengers, and financial losses for the company.
- Remaining sick-reported crew members were given an ultimatum to return to duty or face similar consequences.
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Rockpapershotgun
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Vibrant strategy Be the Ruler: Britannia is probably not the next Manor Lords, but it looks great nonetheless
- Be the Ruler: Britannia is a strategy game with a vibrant wood craft art style.
- It combines elements of Manor Lords, Crusader Kings III, and Total War.
- The game is approachable for players who enjoy medieval simulations without intricate mechanics.
- The art style is unique and visually appealing, resembling hand-whittled wood.
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Medium
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46
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Web3 or Not, Business Basics Are Non-Negotiable
- Web3 startups face similar challenges as any other startup.
- Executing the original vision is crucial for success.
- Financial prudence and managing cash flow are vital.
- Sustainable growth requires efficient scaling and operational structures.
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HRKatha
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125
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L&T boosts workforce by 10% amidst growth plans
- L&T has increased its workforce by 10% in the fiscal year 2023-24, with 8,000 new recruits.
- The company plans to continue its expansion until 2025-26.
- Despite a slowdown in international order inflow, L&T is committed to hiring to support its growing order book.
- L&T reported a consolidated net profit of Rs 4,396 crore for Q4FY24, a 10% increase compared to the previous year.
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HRKatha
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DBS Bank India launches programme to support returning women
- DBS Bank India has launched a programme to support women transitioning back into professional life.
- The programme includes a six-month internship with projects and mentorship from industry leaders.
- DBS Bank India has been recognised as one of the '100 Best Companies for Women in India'.
- The bank is committed to fostering diversity and supporting employees across various life stages.
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Rockpapershotgun
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33
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Among Us is getting new roles, better lobby filtering, and more bean fashion
- Among Us is getting new roles, lobby tweaks, and better 'Bean Fashion'.
- Developers Innersloth unveiled the game's 2024 roadmap with upcoming updates.
- New roles will be introduced, each with unique quirks for interesting lobbies.
- Improvements include refined lobby search settings, new cosmetic items, and quality of life updates.
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Medium
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20
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Reaching 1500 on Chess.com, In Style
- On the 18th of April, 2024, the author achieved a rating of 1500 on Chess.com.
- Despite playing chess as a hobby and not studying chess theory, the author was able to reach this milestone.
- The author won a memorable game with a rating advantage of 100 points, resulting in a forced mate and a rating increase to 1500.
- The game showcased a beautiful ending with a unique en passant checkmate.
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Insider
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1.1k
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Andreessen Horowitz investor says half of Google's white-collar staff probably do 'no real work'
- David Ulevitch, a general partner at Andreessen Horowitz, claimed that half of Google's white-collar staff probably do no real work.
- Ulevitch believes that conglomerates and megacorps prioritize irrelevant jobs, leading to a decline in small businesses and taking profits away from shareholders.
- He specifically pointed out Google for spending billions on projects that go nowhere and suggested that half of its white-collar staff is not productive.
- Other venture capitalists, including Marc Andreessen and Keith Rabois, have also criticized overstaffing and 'fake work' in the tech industry.
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HRKatha
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398
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Boiling point: Inside the ‘pressure cooker culture’ of private banks
- Private banks follow an oppressive culture of relentless pressure and unreasonable targets that has become characteristic of the banking sector and deprives employees of any empathy for their issues.
- Stringent sales targets are prevalent in any organisation, including banks, that in such banks turn into pressures that diminish productivity and promote a culture of fear and anxiety.
- Fierce competition in the banking sector further compounds the problem, with new players and fintech start-ups testing traditional banks' capabilities, leading to performance-driven pressure translated to urgency, and demanding results quarterly or even monthly.
- Toxic leadership styles contribute to making the situation worse. Senior leaders often drive the performance culture within their organisations by setting targets that they meet through intimidating their subordinates.
- The focus on short-term gains, driven by investor demands, disregards the long-term employee well-being and sustainability of banks, converging all efforts on immediate profitability at the cost of stifling innovation and critical thinking.
- Younger managers lacking experience in dealing with complex situations find it challenging to prioritize their employees' long-term retention over the discouraging performance-driven behaviour.
- By implementing constructive feedback, respectful behaviour incentives, emotional intelligence, conflict resolution, and effective communication training, supporting employee health, and well-being initiatives, private banks could create and maintain a more productive and sustainable environment,
- Making a shift that prioritizes employees' well-being and long-term talent retention while focusing on the bank's employee-driven vision rather than just fruitful numbers.
- To promote cultural transformation and behavioural change, all the stakeholders involved in the banking sector must commit to creating a work-environment beyond pressures, sensitive to employees' professional and personal growth, leading to long-term success.
- Fostering a culture of open communication lets employees' concerns raise, making banking a more motivated, collaborative, and human-centric approach that can win customers' success with empowered and motivated employees.
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HRKatha
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146
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Boiling point: Inside the ‘pressure cooker culture’ of banks
- A culture of relentless pressure has become a defining characteristic of private banks, leading to a workplace driven by numbers, devoid of empathy, and personal time
- The absence of accountability for such behaviour can perpetuate a cycle of stress and hostility
- Stringent sales targets morph into unattainable benchmarks, leading to a culture of fear and anxiety in private banks
- Fierce competition within the banking sector, due to the inflow of new players and fintech startups, intensifies the pressure on the banking sector's workforce
- Leadership styles play a pivotal role in shaping organisational culture and fostering toxicity. Leadership by intimidation is a recipe for toxic behaviour
- Furthermore, the relentless focus on short-term gains, driven by investor demands, creates a myopic approach, with long-term employee well-being and sustainability taking a backseat
- The changing demographics of leadership, including a generational shift in leadership, contribute to this problem in the banking sector
- Private banks need to implement effective strategies to create a healthier working environment, including holding individuals accountable for their actions and incentivising respectful behaviour and regular performance reviews
- Investing in employee well-being programs, such as stress management workshops and flexible work arrangements, can significantly improve employee morale and productivity
- By fostering a culture of open communication and prioritising people alongside profits, private banks can create a work environment that is not only profitable but also fosters a sense of purpose and well-being for its employees in the competitive financial landscape
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HRKatha
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542
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Musk’s insensitivity adds to the brutality of ongoing layoffs
- Employees at Tesla have been sharing their experience on receiving an insensitively worded mail regarding their termination.
- The termination mail from Elon Musk, CEO of Tesla, lacked empathy and was simply stated, without even mentioning the employee's name.
- Some employees received the termination mail on their personal email IDs as their official IDs had been blocked, and they had lost access to Tesla systems and physical locations.
- In mid-April, Tesla announced layoffs affecting around 14,000 employees worldwide, including high-level executives.
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HRKatha
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235
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Rossari Biotech appoints Sunil Nair as CHRO
- Rossari Biotech has appointed Sunil Nair as its new CHRO.
- Sunil Nair brings extensive experience in HR management, with a background in sectors such as automotive and garment manufacturing.
- Nair's previous roles include head-HR, MHCV business, at Ashok Leyland, and head of operations at Optimum HR Consultancy.
- In his new role at Rossari Biotech, Nair will be responsible for leading the HR function and overseeing corporate communications.
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14 Likes
Medium
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319
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Loki’s Guide to Servant Leadership: Embracing Glorious Purpose with a Wink and a Smile
- Servant leaders must embrace their purpose with conviction and dedication.
- Charm and wit are valuable traits for navigating the chaotic realm of leadership.
- Empathy is crucial for understanding and connecting with those being served.
- Collaboration and teamwork are prioritized over conquest and competition.
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19 Likes
Rockpapershotgun
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412
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Darkest Dungeon 2 should start rolling out its long-awaited mod support soon
- Developers Red Hook Studios recently announced plans to start rolling out PC modding support for Darkest Dungeon 2.
- The change to a different engine has made modding more complicated, but the studio will gradually build up the mod framework.
- The first mod update will allow modders to edit the game's .csv files and share them via Steam Workshop integration by the end of June.
- The ultimate goal is to allow players to create custom characters, and the studio will work closely with the community to achieve that.
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