employee

HSBC Plc plans to cut its workforce which may account for more than 10,000 employees, as the bank seeks to cut its costs, reported Sky News, citing the sources with the knowledge of the matter.

Sky News adds that the plans of the bank have not been yet finalized. Meantime, officials at the company provide no comments.

eBay has skimmed the cream and gain over some employees from Bing and Facebook with impressive background and experience.

Dennis DeCoste from Facebook, where he held the title "research scientist,” will help eBay by acting as its director of research. Before Facebook he served as principal scientist at Bing and director of research at Yahoo Research. Besides, DeCoste once worked as principal scientist at NASA's Jet Propulsion Laboratory.

Yahoo will lay off another 600 employees as early as today according to the reports from the sources familiar with the case.

The cuts thus represent about 4-5% of the company’s workforce which came to be 14,100 at the end of September according to Yahoo's website.

Earlier this month the technology blog AllThingsD reported that Yahoo planned to cut 650 employees, and the New York Times newspaper reported on Monday that the cuts could take place as soon as Tuesday.
 

According to the latest findings by Forrester Research employees in America are more likely to recommend their companies if they are provided with smartphones and social network tools for work – as well as those who use the Internet after hours for work.

In it poll of 5,519 information workers in North America, the U.K., France and Germany, Forrester asked two questions like these:

*How likely are you to recommend your company's products or services to a friend or family member?

As reported by website Silicon Alley Insider, who cited a source familiar with the case, Google is increasing a pay for its staff by 10% at the start of next year.

Google CEO Eric Schmidt reported the company’s more than 23,000 employees of the raise by email, according to the Wall Street Journal report.

Silicon Alley Insider reported that Google is giving all its employees a $1,000 holiday bonus in addition to pay increases of at least 10 percent.

Targeting to cease employees leak to Facebook, Google has started offering money to keep its best workers. 

It’s well known that over the recent months, Facebook has been working hard to recruit talent from Google. Thus, Android Product Manager Erick Tseng left Google for Facebook.

Microsoft and Yahoo have made a decision on how to deal with the post-partnership personnel situation in at least one country. Thus, according to a Yahoo exec statement, about 200 of Yahoo's engineers in India will switch companies.

This move will be accomplished over the next one year.

Sounds surprisingly but owing to the global financial crisis employees became more loyal. Thus, crisis has made more than 40% employees feel totally committed to their employer, according to a global survey from Kelly Services conducted in Europe, North America and Asia Pacific.

The annual Kelly Global Workforce Index polled about 134,000 people in 29 countries from October to January.

 A writer Stanley Bing in his work titled "How to Relax Without Getting the Axe. A Survival Guide to the New Workplace” explained how an employee can create an image of important and hard working person at his work place while in fact indulging in a recreation. In his book the author elaborates on some tricks and methods used by successful people so as to do less and get away with it.

According to a survey, conducted for CareerBuilder.com, an online jobs site, between August 20 and September 9, the number of workers calling in sick to work with fake excuses remains steady at about 30% each year, though fewer are getting fired for it.

 However, the amount of US employers who check up on absent workers declined to 29% this year from 31% last year and 35% the previous year. 

 Goldman Sachs Group announced its plans to hire up to 200 employees for its asset management unit, as reported by Goldman’s spokeswoman on Sunday. The division has about $820 billion under management and the hiring started three months ago.

"We are moving back on the offensive," the Financial Times quoted Marc Spilker, Goldman's co-head of investment management business, as saying.

The paper reported that Goldman plans to expand its investment management business organically instead of through acquisitions.