"It (skill-games framework) will ensure that legitimate skill-based games are appropriately classified, protecting both the integrity of the gaming market and the interests of players," - Professor (Dr) Bimal Roy https://t.co/QuYILMRx8v
A company that has $1 billion cash, which is about 1.5 times its annual revenue, and is actually still growing at a decent 20% rate and making a cash profit, laying off 12-13% of its workforce should not expect any loyalty from its employees ever. And to add insult to injury, when it can afford $400 million in a stock buy back.
I can understand the unfortunate reality of layoffs when a business is struggling or declining and making a loss. This is not that situation, this is naked greed, nothing less.
Here is a critical question to its leadership: don't you have the vision and imagination to invest $400 million in another line of business where you can deploy those people you hired but you don't want anymore? Are there no such opportunities in tech? Are you so lacking in curiosity, vision and imagination? Are you so lacking in empathy?
This behavior, sadly, has become all too common in the US corporate world and we are importing it in India. It has only resulted in large scale employee cynicism in the US and we are importing that too.
This is why choose to remain private. We put our customers and employees first. Shareholders should come last.
After an incredible journey at one of India's most successful startups, @Paytm , I’m excited to embark on a new chapter with Zupee, a dynamic and future-ready organization. I look forward to contributing and playing a constructive role in shaping its growth and success!
CommsAdda members, the communication experts behind some of the most renowned brands, gathered socially at #SocialSaket to unwind after a busy week.
No Panels no Sessions no External Speakers no Rules And no Gyan — just quality time together, chatting about anything and everything with industry friends.
We're returning to the old-fashioned way of connecting, focusing on quality time together, away from the usual borrowed and repetitive knowledge sessions.
A fantastic space to connect and exchange best practices.
#communication #CommsCommunity
#FromMyBookShelf
“And once the storm is over, you won’t remember how you made it through, how you managed to survive. But one thing is certain. When you come out of the storm, you won’t be the same person who walked in.”
― Haruki Murakami, Kafka on the Shore
@kothariabhishek Cleanliness has definitely improved but the problem is limited number of good hotels. In August this year, one of the well-known hotels of the city cancelled my advance booking one day before the scheduled trip. Had never experienced this earlier in any city.
November used to be one of the best times in Delhi, with a slight nip in the air with the cold settling in and now it has become the worst. #DelhiAirPollution
Soumya and later on Jigisha Ghosh murder case were one of the first major crime cases I covered as a crime reporter in HT. It was the sheer determination of both their parents that helped in cracking the case. Had it not been for Jigisha's father, the cases might have turned cold
Chandrayaan-3 Mission:
'India🇮🇳,
I reached my destination
and you too!'
: Chandrayaan-3
Chandrayaan-3 has successfully
soft-landed on the moon 🌖!.
Congratulations, India🇮🇳!
#Chandrayaan_3#Ch3
" अगर बन जाता तो सबका सपना था
और ना बन पाया तो सिर्फ मेरा ?"
Captivating that's the word. While ther r Celebrity writers making crores 4 their juvenile dialogues, there are these pearls that stay etched in ur mind forever.
#SandeepBhaiya@TheViralFever
https://t.co/E5Brp1TeAh
@mayurshetty01@MumbaiMetro3 Before Metro, Mumbai airport needs basic stuff like DigiYatra. Last Sunday, I was shocked to discover that the new , so-called modern terminal at Mumbai airport doesn’t have DigitYatra gates. They were unable to manage massive crowd at the entry gates.