What happens to the corporate health insurance top-up premium in the event of a layoff? For instance, in my case, my company had a Rs 5 lakh corporate health insurance policy with the option to pay a top-up to increase coverage for the period of January to December. Over the past two months, I paid … Read more
San Francisco: US-based Nomad Health, a healthcare staffing start-up, has laid off 17 per cent of its workforce this week, amid tough macroeconomic conditions. Co-founder and CEO Alexi Nazem confirmed the company’s headcount had gone from 691 to 572 employees a reduction of 17 per cent, reports Forbes. “Nomad, like so many other companies in … Read more
JPMorgan Chase & Co has cut hundreds of mortgage employees, a source familiar with the matter told Reuters on Wednesday, hours after the company announced plans to hire some bankers. “We regularly review our business and customer needs and adjust our staffing accordingly – creating new roles where we see the need or reducing positions … Read more