A naukri.com initiative
Strategy News
Medium
1M
112
Image Credit: Medium
PM Breakdown: Disney — Can Magic Scale in a Streaming World?
- Disney is focusing on scaling its streaming service in a competitive market.
- The key question is whether the quality of Disney's streaming product can match its scale.
- Disney's streaming audience includes household streamers, binge viewers, sports fans, and global audiences, all of whom value storytelling and product quality.
- To succeed in a post-subscriber-growth era, Disney needs to transition from offering a library of content to creating a more interactive user experience that blends storytelling with product innovation.
Read Full Article
6 Likes
HRKatha
1M
406
Image Credit: HRKatha
Infosys rolls out cash rewards for senior staff conducting lateral interviews
- Infosys has introduced a cash incentive program to reward senior employees conducting lateral hiring interviews.
- Employees at job levels 5 and 6 will receive Rs 700 for each interview conducted, with the initiative effective from January 1.
- The reward system is retrospective, allowing staff to claim incentives for interviews held over the past five months.
- The program aims to encourage employee involvement in recruitment, particularly in the face of a cautious hiring environment in the IT industry.
Read Full Article
24 Likes
Rockpapershotgun
1M
261
Image Credit: Rockpapershotgun
Rally Point: An immense frustration test almost overshadows Burden of Command's narrative success
- Burden Of Command is a strategic game that combines tactical battles with a leadership RPG concept, set during World War II in various locations.
- The game emphasizes roleplaying as a military leader, focusing on character development and decision-making rather than perfect outcomes.
- Players experience the challenges of commanding soldiers, facing consequences like squad deaths and difficult choices that impact the narrative.
- The single-save system in Burden Of Command can be frustrating, as it overwrites progress with each action, leading to final decisions and limited exploration of outcomes.
- The gameplay involves prioritizing actions and orders, managing officer roles, and dealing with suppression and demoralization among squad members.
- While the game's interface and mechanics have some flaws, including bugs and inconsistencies, it offers a complex interactive fiction experience with well-crafted storytelling.
- Players navigate through dynamic events, relationships with other officers, and personal challenges, creating an authentic wartime atmosphere.
- Burden Of Command's focus on leadership and character development distinguishes it from typical war games, offering a unique narrative-driven approach.
- The game incorporates elements of role-playing by presenting players with choices that shape characters' mindsets and interactions, adding depth to the gameplay.
- Despite its initial frustrations, Burden Of Command evolves into an engaging and replayable RPG experience with a mix of challenging gameplay and compelling storytelling.
Read Full Article
15 Likes
HRKatha
1M
692
Image Credit: HRKatha
Google to expand engineering workforce amid AI push
- Google plans to increase its engineering team by 2026 to focus on artificial intelligence (AI), as announced by CEO Sundar Pichai.
- Pichai highlighted the importance of human talent despite AI reshaping job roles at Google, diverging from recent tech company trends like Microsoft's layoffs.
- Expanding the engineering team will help Google innovate faster and capitalize on AI-driven opportunities, although Pichai acknowledged the technology's limitations and potential errors.
- Pichai addressed concerns about AI-generated search summaries affecting website traffic, emphasizing Google's commitment to creating a healthy web ecosystem through extensive testing.
Read Full Article
26 Likes
Forbes
1M
58
Image Credit: Forbes
Mortgage Rates Today: June 6, 2025 – 30-Year Rates Steady, 15-Year Rates Down
- The average interest rate on a 30-year fixed mortgage is now 6.76%, compared to last week's 6.85%.
- For those seeking a faster payoff, the average rate on a 15-year fixed mortgage has decreased to 5.74%.
- Today's 30-year mortgage cost is approximately $649 per month, while a 15-year mortgage costs around $830 per month.
- Mortgage rates are influenced by economic factors such as U.S. Treasury bond yields and the Federal Reserve's decisions.
Read Full Article
3 Likes
Forbes
1M
40
Image Credit: Forbes
Money Market Interest Rates Today: June 6, 2025 – Rates At 4.89%
- As of today, the highest money market rate is 4.89% compared to a national average rate of 0.53%, according to Curinos.
- Money market accounts are interest-bearing deposit accounts similar to savings accounts, offering higher interest rates with higher minimum deposits and balances.
- These accounts are insured by FDIC for banks and NCUA for credit unions up to $250,000 per depositor, providing convenient fund accessibility with checks and debit cards.
- Before opening a money market account, compare rates, minimum balance requirements, fees, and withdrawal limits across different banks or credit unions to find a suitable option.
Read Full Article
2 Likes
Forbes
1M
315
Image Credit: Forbes
CD Rates Today: June 6, 2025 – Take Home Up To 5.02%
- Today's best CD rates can go up to 5.02%, varying by term and expected to decrease as the Federal Reserve lowers rates.
- CDs offer fixed interest rates for a set period with higher yields than high-yield savings accounts but come with withdrawal penalties.
- Three-month CD rates average 1.3%, with the highest rate at 4.67%, remaining unchanged from the previous week.
- For 12-month CDs, the highest interest rate available is 5.02%, with an average APY of 1.83%, unchanged from last week.
- Longer-term CDs have higher withdrawal penalties, with early withdrawal potentially resulting in a loss of a year's interest.
- Jumbo CDs have a 4.94% rate for a 6-month term, typically requiring a minimum deposit of $100,000 or more.
- CD rates vary between banks, so comparison shopping is recommended to find the best rates for your savings.
- Traditional banks generally offer lower CD rates than online banks, with differences in rates between financial institutions.
- CDs provide a simple savings tool with a fixed interest rate, requiring a minimum deposit and early withdrawal penalties.
- While stocks may outperform CDs in the long run, CDs offer stability and security with federal insurance coverage up to $250,000.
Read Full Article
18 Likes
Forbes
1M
121
Image Credit: Forbes
Today’s Mortgage Refinance Rates: June 6, 2025 – Rates Fall
- Today's mortgage refinance rates saw a decrease, with the 30-year fixed refinance rate dropping to 6.84% and the 15-year fixed-rate refinance mortgage average rate at 5.74%.
- The 20-year mortgage refinances average rate stands at 6.63%. The APR on a 30-year fixed-rate mortgage is 6.87%, while the APR on a 20-year fixed mortgage is 6.67%.
- For a 30-year fixed-rate mortgage of $100,000, the monthly payment for principal and interest would be around $655, totaling about $136,302 in interest costs over the life of the loan.
- The average interest rate on a 30-year fixed-rate jumbo mortgage refinance is 7.23%, while a 15-year fixed-rate jumbo mortgage refinance has an average rate of 6.38%.
- Refinance rates are typically slightly higher than purchase rates. Considering factors like closing costs, discount points, and loan terms is essential when deciding on a mortgage refinance.
- Having a strong credit score, managing debt-to-income ratio, monitoring market rates, and choosing shorter loan terms can help secure the best mortgage refinance rates.
- National average mortgage rates have hovered in the middle-to-high 6% range, with expectations for rates to remain stable or potentially lower in the second half of 2025 based on inflation and employment trends.
- Waiting to refinance later in the year may lead to lower rates, and improving credit scores and reducing loan balances can help secure better rates when considering mortgage refinancing.
- It's important to calculate the break-even point by dividing closing costs by monthly savings to determine the optimal time to refinance considering the cost and benefits of the new loan terms.
- Monitoring economic indicators and staying informed about the mortgage market trends can aid in making informed decisions about mortgage refinancing.
Read Full Article
7 Likes
HRKatha
1M
387
Image Credit: HRKatha
Amazon restructures; trims workforce in Books division
- Amazon has laid off less than 100 employees from its Books division, which includes teams working on Goodreads and Kindle, marking the fourth round of job cuts by the company in 2025.
- The layoffs are part of Amazon's ongoing efforts to streamline operations across various units, improve efficiency, and align internal functions with business goals.
- In addition to the recent job cuts in the Books division, Amazon has previously made cuts in areas such as its devices and services unit, Wondery podcast division, and communications department.
- Amazon is also planning a significant reduction in managerial roles later this year, aiming to eliminate around 14,000 management positions globally as part of CEO Andy Jassy's strategy to flatten the organization, reduce bureaucracy, and cut costs.
Read Full Article
23 Likes
HRKatha
1M
423
Image Credit: HRKatha
When human resources becomes inhuman
- Human resources departments are often failing to effectively advocate for fairness and ethics in workplaces, leading to a disconnect between expectations and reality.
- The issue lies in the structural problems that limit HR professionals, such as their positioning in the organizational hierarchy and unclear processes for conflict resolution.
- HR's lack of authority and poorly defined procedures turn them into ceremonial figures rather than effective advocates for employees.
- The dual responsibility of being both employee advocates and business partners creates internal conflicts for HR professionals, making their position challenging.
- Misconceptions about HR's role as judicial authorities and the communication gap contribute to employee frustration and disappointment in HR's support.
- HR professionals face an impossible balancing act between employee interests and corporate priorities, often becoming the scapegoats in conflicts and ethical dilemmas.
- Effective solutions require structural changes within organizations, such as appointing ombudsmen for employee issues, ensuring transparency in disciplinary systems, and establishing multi-layered grievance mechanisms.
- HR must transcend biases and hierarchy pressures, communicate decisions effectively, and act as the conscience keeper of the organization to drive better support for employees.
- Challenges in HR support reflect broader organizational dysfunction, emphasizing the need for companies to address power imbalances and prioritize effective advocacy over immediate business interests.
- Courage, judgement, and fortitude are essential qualities for HR professionals to navigate conflicts, challenge power, and drive business results with integrity.
- Addressing the failures in HR support requires a holistic approach that focuses on empowering HR, clarifying processes, and aligning advocacy with organizational values.
Read Full Article
25 Likes
HRKatha
1M
19
Image Credit: HRKatha
Procter & Gamble to trim workforce by 7,000 in 2 years
- Procter & Gamble (P&G) plans to reduce its global workforce by 15%, affecting 7,000 non-manufacturing employees by 2027.
- The decision to downsize may have been influenced by a decline in quarterly sales and the need to handle tariffs, prompting the company to focus on cost-cutting measures.
- P&G is restructuring its product range, reducing less popular offerings, revising prices, and emphasizing daily-use products over other categories to boost profitability.
- In response to increased competition, P&G is also reorganizing internally, investing in quick commerce, and optimizing its supply chain to align with consumer preferences for convenience.
Read Full Article
1 Like
HRKatha
1M
232
Image Credit: HRKatha
Citigroup to lay off 3,500 techies in China; to revamp globally
- Citigroup Inc. is laying off about 3,500 tech employees in China as part of a global revamp to simplify processes.
- The layoffs at solution centres in Shanghai and Dalian will be completed by the fourth quarter with potential role shifts to other global centres.
- These job cuts will not affect Citibank (China), ensuring continuity of banking services for clients in the country.
- Citigroup aims to increase internal technology team strength and reduce reliance on external contractors, focusing on enhancing systems and processes after facing regulatory challenges.
Read Full Article
13 Likes
HRKatha
1M
177
Image Credit: HRKatha
Arya.ag appoints Priyanka Seth Wadhera as group CFO
- Arya.ag has appointed Priyanka Seth Wadhera as group chief financial officer (GCFO), coming from her previous role at Indifi Technologies.
- Wadhera has over two decades of financial experience in various sectors including FinTech, NBFCs, and global banking institutions.
- She has held key finance positions in companies like PricewaterhouseCoopers, Citibank NA, Religare Finvest, Barclays, and Clix Finance India.
- Her expertise in strengthening financial systems, driving performance, and supporting long-term value creation is expected to be beneficial for Arya.ag's growth.
Read Full Article
10 Likes
Medium
1M
293
Image Credit: Medium
Most ‘Successful’ Startups Are Actually Built on Fragile Myths — And How True Giants Defy Them
- Many celebrated startups actually result from years of unglamorous hard work, iterations, and failures, debunking the myth of overnight success.
- Success in startups rarely happens overnight or in a single day, emphasizing the importance of patience and perseverance.
- The path to success for startups involves facing trials and tribulations, learning from predecessors, and understanding that success is a result of consistent efforts over time.
- Achieving success in the startup world requires acknowledging the reality that it takes weeks, months, and repeated iterations before reaching the desired level of success.
Read Full Article
17 Likes
CNBC
1M
81
Image Credit: CNBC
Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
- Corporate layoffs remain prevalent in the current economic climate, with companies seeking to reduce costs amidst economic uncertainties.
- Some companies attribute layoffs to factors like trade tensions, advances in artificial intelligence, and the need for operational efficiency.
- Procter & Gamble plans to cut 7,000 jobs, Microsoft to reduce its workforce by 6,000, and Citigroup to cut 3,500 positions in China.
- Walmart aims to eliminate 1,500 jobs, while Chegg plans to lay off 248 employees as AI-driven tools impact education.
- Cybersecurity firm CrowdStrike will cut 500 employees, and Amazon seeks to eliminate about 100 jobs in its devices and services division.
- Disney plans to cut several hundred employees globally across different divisions, while Warner Bros. Discovery will lay off fewer than 100 employees.
- Various companies are restructuring and consolidating roles to enhance competitiveness and adapt to evolving market dynamics.
- Leaders like Klarna, Shopify, and others indicate the use of AI as a key consideration in their workforce reduction strategies.
- The shift towards AI is reshaping industries and leading companies to rethink their hiring and operational models.
- These layoff announcements reflect a widespread trend among organizations to streamline operations and improve cost efficiency.
Read Full Article
4 Likes
For uninterrupted reading, download the app