Shorts

Yes Bank Cuts Workforce by 500

Private lender Yes Bank has laid off 500 employees across various divisions, including wholesale, retail, and branch banking, as part of an internal restructuring exercise. The affected staff have been offered severance packages equivalent to three months’ salary. The move aims to enhance operational efficiency and reduce costs for the bank.

This post was last modified on 27 June 2024 12:19 pm

Share
Published by

Recent Posts

SBI Twist In Hyderabad’s Costliest Land Deal!

What was celebrated as a record breaking land auction in Hyderabad has now landed in…

3 hours ago

Superhero, Period Drama, What’s Salman Khan Cooking?

Salman Khan continues to expand his slate of ambitious projects, and the latest buzz from…

3 hours ago

Fans Unhappy With Peddi’s Song Release Strategy

Peddi continues to perform well at the box office, but a section of Mega fans…

3 hours ago

AP’s Beach Shack Plan Gets Green Signal

The Andhra Pradesh government has cleared the launch of beach shacks across 12 coastal districts…

4 hours ago

Peddi 2.0: Big Boost Before the Third Weekend!

Mega Power Star Ram Charan’s Peddi is emerging as one of the biggest blockbusters of…

5 hours ago

Babu Calls DGP During Pawan Meeting

The Krishna Lanka police station controversy sparked swift action from Andhra Pradesh Chief Minister Chandrababu…

5 hours ago