December 3, 2023
Byju’s has delayed November salaries for a section of its employees, people aware of the matter told ET, adding this has impacted around 1,000 staffers at the financially beleaguered edtech firm. The company has told the affected employees that it would deposit the pending salaries by Monday, said the people cited above. It has about
READ MORE
SALARIES for seafarers are rising by at least 10 percent as the crew employment market tips in their favor, according to Danica Crewing Specialists. The company’s 2023 Seafarers’ Survey found that salaries for senior officers have increased by 10 to 15 percent, regardless of nationality, compared to its 2021 results. Salary figures are particularly strong
READ MORE
Following a year of record-breaking inflation and market turbulence, local tech salaries in the US, including those for fully in-person or hybrid roles, have experienced their most significant year-over-year decline, dropping 3% from $161,000 to $156,000, a new report has revealed. When adjusting for inflation, the data by AI-driven marketplace Hired revealed a staggering story
READ MORE
Kate Winslet put her everything into making her new film “Lee,” including her own pocketbook. In a story for Vogue published last week, the Academy Award winner shared how far she went to make the biopic happen, including by personally covering two weeks of crew wages to keep the film moving during a precarious time
READ MORE
Homegrown microblogging platform Koo is looking for fresh funding or a strategic partnership to further its “next phase of growth,” cofounder Mayank Bidawatka said on Friday. This and more in today’s ETtech Top 5. Also in this letter:■ Deepika Padukone invests in speciality coffee chain Blue Tokai■ ETtech deals digest■ How SoftBank bet millions to
READ MORE
Quick commerce startup Dunzo has told its employees that pending salaries for the months of June and July would be paid in November. The cash-strapped firm has delayed the salaries for those two months on several occasions so far. The latest communication on the June and July salaries came from founder and chief executive Kabeer
READ MORE
Beleaguered hyperlocal delivery firm Dunzo on Wednesday told employees it would make salary payments for August through payroll financing app OneTap, people in the know of the matter told ET. Employees were asked to download and register on the app, as well as fill a know your customer (KYC) form on the app to receive
READ MORE
Cash-strapped quick-commerce startup Dunzo has further delayed paying August salaries to a number of employees, after having earlier promised to clear them by the end of this week. In an unplanned video call with employees Friday, founder and chief executive Kabeer Biswas said the pending August salaries would be paid next Tuesday or Wednesday. Elevate
READ MORE
Black staff at Google make $20,000 less on average compared to their white coworkers and women are paid less than men in almost every department, leaked salary data shows. The spreadsheets lay bare the salaries and bonuses of over 12,000 Google employees in white-collar roles across the search engine giant’s US offices nationwide. Beyond numerous
READ MORE
Troubled quick commerce firm Dunzo on Monday told employees it will take a few more days to transfer salaries for the month of August to all its employees, as per an internal communication reviewed by ET. The Reliance Retail-backed firm had promised to pay salaries for the month of August on September 4. On August
READ MORE