attrition

What is autocratic leadership?

November 30, 2017

Autocratic leadership is a form management where only one member of the entire organization is the leader and decision-maker of the whole organization. It is generally seen in small businesses with a few number of employees. It is successful where there is a need for quick decision-making. The leader...

Larsen & Toubro sheds 14,000 employees from its workforce

November 23, 2016

Owing to economic challenges, Larsen & Toubro (L&T) has shed 14,000 employees or 11.2% of its total workforce across businesses between April-September in the current fiscal. This is considered as one of the biggest corporate retrenchment exercises carried out in recent times. L&T which is India’s biggest engineering firm has...

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