In one of India's biggest-ever layoffs, L&T sheds 14,000 employees from its workforce

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MUMBAI: Larsen & Toubro, India’s biggest engineering firm, has shed 14,000 employees, or 11.2% of its total workforce, in one of the biggest corporate retrenchment exercises in recent times. The $16-billion diversified conglomerate said on Tuesday the step was an attempt to “right size” its strength in the face of business slowdown.

Donald Trump’s rhetoric leaves Indian students unsure about pursuing higher education in US

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NEW DELHI/MUMBAI: Delhi student Sarika Bhatter (name changed), who was preparing for GMAT, has decided to shelve plans to study MBA in the US this year. “She may take agap year or do her postgraduation elsewhere, but as of now, she has ruled out US as an option,” said her mother, who supports her decision.

Organizational EGO

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There are two types of egos- individual and organizational. No EGO is good. It kills innovation. It creates POWER centers. Reduce organizational flexibility. Any new idea will hit a new power regime.

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