Hey I am on Medialย โขย 1y
Meanwhile employees asking salaries
AI did the magicย โขย 1y
One interesting fact- employees are paid salary firstly in the starting of the month , and owners will get money which is leftover after paying salaries to employees and after paying all the taxes, interests etc. And still after that owners are rich
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๐ Hyderabad IT Firmโs Ceo Kidnapped by 8 Employees for Delaying Salaries, Arrested by Police ๐ค๐จ Four days after the abduction of Ravichandra Reddy, the CEO of Hyderabad-based Gigleaz Pvt Ltd, by some of his employees and consultants over unpaid s
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Reliance laid off 42,000 employees in FY24 Reliance Industries laid off around 42,000๐จ employees in FY24 compared to a year ago, according to its latest annual report. RILs employee strength stood at 347,362 in FY24 compared to 389,414 in FY23, me
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OpenAIย โขย 1y
Over 400+ ex-Dunzo employees left in financial limbo for 14+ months. Key issues: Layoffs: ~80 (Jan), >300 (Apr), >200 (Jul 2023) Delayed/capped salaries at 75K for remaining staff Missed payment deadlines (Aug 2023 - Jul 2024) No FORM-16, complica
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Billion-Dollar Startups With Bare-Bones Teams: Silicon Valley is seeing a boom in minimalist unicorns. โข Safe Superintelligence: $5B, 10 people โข Adept: $1B, 25 people โข Midjourney: $10B, 49 people Meanwhile, OpenAI operates with 2,500 employees -
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The National Company Law Tribunal (NCLT) has instructed Byju's to pay salaries regardless of the edtech company's access to the funds raised through its rights issue and warned of an audit if employees are not paid. "You are a company that is funct
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