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Search resuls for: "Rohan Verma"


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Athletic apparel brand Outdoor Voices is just the latest in a long line of companies to conduct mass layoffs — and "totally mishandle" them, says a leadership expert. Two employees told the publication that they were blindsided by the news. San Francisco-based executive coach Rohan Verma says that while this an unfortunate economic reality, Outdoor Voices could have handled the situation with more care. "These approaches, especially laying off folks over Slack, lack basic empathy for the employees' contributions and may only exacerbate the anxiety and shock people are feeling," Verma told CNBC Make It via email. Outdoor Voices also joins retailers like Dollar Tree, Bath and Body Works and CVS in closing a significant number of their physical stores.
Persons: Rohan Verma, Slack, Verma, curt Organizations: The New York Times, CNBC, Amazon, Twitter, Body, CVS Locations: Francisco
As sweeping rounds of layoffs rock the tech, media and finance industries in 2024, some video game fans are thinking about former Nintendo CEO Satoru Iwata. Iwata ran the Kyoto, Japan-based video game company from 2002 until his death in 2015. To avoid layoffs, Iwata took a 50% pay cut to help pay for employee salaries, saying a fully-staffed Nintendo would have a better chance of rebounding. Iwata had faith in his talentFor Iwata, taking a pay cut over layoffs centered around his employees' ability to bounce back, Verma says. "Nintendo [needed] to see through the changes that necessitated launching the Nintendo Switch, which has been massively profitable for the company," says Verma.
Persons: Satoru Iwata, Iwata, Rohan Verma, , it's, Verma, could've, Sandra Sucher, Sucher Organizations: Nintendo, Riot Games, Microsoft, Activision Blizzard, Stanford University, Harvard Business, CNBC Locations: Kyoto, Japan, , U.S
The Competition Commission of India (CCI) ordered Google in October to make a series of changes, such as refraining from agreements that ensure exclusivity of its search services and mandatory pre-installation of its apps. It also told Google to allow third-party app stores to be housed within its Play Store. "There was negative impact over the years, we hope now consumers and device makers use our app more." About 97% of 600 million smartphone devices in India run on Android, according to Counterpoint Research estimates. Naval Chopra, a lawyer at India's Shardul Amarchand Mangaldas, which has challenged Google in courts in the past, said Thursday's court decision was a landmark one.
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