Currently, Wellhub serves 26,000 businesses. Its network provides 20 million employees access to over 50,000 in-person gyms and studios, 3,800 virtual personal trainers, and 93 wellness apps. It also has a permanent flexible-work model.
Reliance's ambition for deep-tech began with the telecom foray, said Mukesh Ambani, when Jio launched 5G in 2021, building every aspect of the service within the company.
The international consulting giant has shed more than 5,000 employees since 2023, unwinding its pandemic-period employment boom.
Ruchi Aggarwal said that the experience was an eye-opener about what is not taught at business schools. 'At IIM-A, the question was always how much do you know?. At McKinsey, the question became: how clear can you make it?' she said.
Being able to deliver a project in a shorter timeline 'at speed' will become the competitive advantage for IT companies in an AI-driven world, Kaka has said
Weighing the implications of now US President Donald Trump’s re-election, Kumra said that geopolitical risks should be assessed with a wide lens.
'After about a year of working at McKinsey, I took a three-month mental health leave. It was literally driving me to the edge. I just couldn't do it anymore,' the former employee said.
The reductions are global and will affect employees across a variety of divisions including design, data engineering, cloud and software, according to people familiar with the matter
McKinsey announced that it will support senior employees for up to nine months while they look for new jobs. During this period, these employees will not be required to engage in client projects and will have the flexibility to use their working hours to exclusively seek new job opportunities.
'McKinsey was the company that everybody in IIM Ahmedabad wanted to work with,' Sandipan Bala, 28, said. 'That's why when they rejected me... I thought I wasn’t good enough.'
The aggregate technical and commercial losses of power utilities during the year fell from 16.2% to 15.4%, driven by a one percentage point increase in billing efficiency, which improved to 87%
For Rajat Gupta, the reputational damage was huge. McKinsey, the firm he led for nine years, removed his name from the company's alumni directory.
Microsoft, Samsung, Goldman Sachs, and others actively participated in IIT Kanpur's placements, highlighting the institute's strong professional standing and diverse opportunities.
The survey of more than 30,000 employees across 30 countries found that 22 percent of employees across the world are experiencing burnout symptoms at work.
Multinational companies including Honeywell have been closely working with government agencies to provide solutions to meet PM Narendra Modi's climate and smart cities goals.
The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts.
The firm also said that the banking system is meeting less than a third of the credit demand for green finance, and recommended moves like inclusion of such finance under priority sector lending and creating a credit guarantee platform.
India's SaaS ecosystem is likely yo generate more than $50 billion of revenue in 2030 with an enterprise value of $0.5 - $1 trillion.
ONDC aims to increase the penetration of e-commerce to 25 percent, from about 4-5 percent currently, in the next two years by reaching 900 million buyers and having 1.2 million sellers likely having a gross merchandise value (GMV) of $48 billion.
Other major consulting and accounting firms have also opted for downsizing in recent times. McKinsey is planning to cut 2,000 jobs after hiring while KPMG too announced earlier this year that it will lay off 2% of its workforce – or about 700 employees – in the United States.
McKinsey is seeking to centralise its support services for its consultants in a bid to save money after having recruited heavily in recent years.
The findings also suggested that employees with young children are more likely to prefer primarily remote-working models and flexible work locations, with only 8 per cent suggesting that they would like to see a fully on-site model in the future.
Power assets in India most vulnerable, country needs to balance multiple priorities of economic growth, climate change
LIC’s creeping disinvestment may serve little purpose in the long run, besides meeting the government’s disinvestment target
Puneet Dikshit, 40, pleaded guilty to one count of securities fraud. He was charged last month for allegedly generating about $450,000 said of profit from 2,500 GreenSky call options that he bought in the two days before the merger was announced on September 15.