1.
42
jobs cut at Khatabook, the fintech startup
The
layoffs have impacted the sales, marketing, analytics and tech teams. As
part of a restructuring exercise of its 700-strong workforce, fintech startup,
Khatabook has cut about 42 jobs. These cuts are in keeping with the
profitability goals of the firm, which demand that sections of its business be
reorganised. This is also a step towards cost cutting. The objective is
to make the team leaner and more agile. About six per cent of its workforce has
been asked to leave from the sales, analytics, tech and marketing teams.
The firm witnessed losses to the tune of over Rs 100 crore in Financial year
2022. This was three times more than the losses experienced in FY2021.
2.
Amazon remote
worker now required in office, feels betrayed
Hired
as a remote software engineer last year, the employee now struggles with
relocating to Amazon's Seattle office. An Amazon employee, who was
initially hired for a remote position was subsequently required to spend a
minimum of three days per week working in the office as per the
company’s new policy. This has led to him feeling that his trust has
been breached. The e-commerce giant has mandated a minimum of thrice a
week work-from-office for all its working staff. Apparently, the
employee was hired as a software engineer within the company last year, and is
facing challenges in relocating to the company’s Seattle office. The
e-commerce giant has mandated a minimum of thrice a week work-from-office for
all its working staff. Apparently, the employee was hired as a software
engineer within the company last year, and is facing challenges in relocating
to the company’s Seattle office. The employee clarified that he was
initially brought on board for a remote position. However, there has been
an abrupt change in the company’s stance, with the firm now mandating employees
to return to their physical offices. He realises that if he doesn’t consider
relocating or changing his team, he may end up losing his job altogether.
3.
Use
‘staff contribution’ instead of ‘service charge’ on bills: Delhi HC
The
Federation of Hotels and Restaurant Associations of India (FHRAI) has been
ordered to specify this charge clearly on menu cards, and ensure that the
amount does not exceed 10 per cent of the bill. The Delhi High Court has
ordered that the hospitality industry should use the term ‘staff contribution’
instead of ‘service charge’ for the sum they charge customers. It has
also directed that this charge should be clearly mentioned on menu cards and
should never exceed 10 per cent of the bill. It is assumed that this
service charge goes to the waiters or servers who attend to the customers.
However, since there is no guarantee that the servers actually receive
the amount, customers leave tips for the workers. While the Federation
of Hotels and Restaurant Associations of India or FHRAI accepted this order,
the National Restaurant Association of India or NRAI is of the opinion
that the terminology cannot be changed or replaced; that it has been the
accepted term all along and has never led to any confusion whatsoever.
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