Tag: workforce

Microsoft announces ‘Copilot for Viva’ to grow workforce engagement

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New Delhi: Microsoft has announced “Copilot for Viva”, along with the introduction of “Viva Glint”, to help organisations create a more engaged and productive workforce.
Viva is Microsoft’s employee experience platform, which integrates goals, staff communications, learning, workplace analytics, and feedback.
Copilot in Microsoft Viva will begin rolling out to customers later in 2023, while the company will start to roll out Viva Glint to customers in July 2023.

With Copilot, Microsoft Viva takes advantage of next-generation AI to accelerate this new performance equation, where engagement and productivity together lead to better business outcomes and success.
Other than Viva Glint, Copilot is being introduced in Viva Goals, Viva Engage, Viva Learning, Viva Topics and more.
Viva Glint is a survey tool that helps measure and improve employee engagement.
Moreover, “Viva Goals” simplifies goal setting by assisting leaders through the process of generating objectives and key results (OKRs), as well as goal management throughout the company.
“Viva Engage” assists leaders in creating captivating and inspiring posts using simple suggestions or trending topics from workplace forums and storyline talks, while, “Viva Learning” provides curated learning collections and succinct knowledge summaries targeted to individual tasks or development needs, making it easier for leaders to help skill and train the workforce.

Further, the company said that employees can utilise “Viva Topics” to learn more about significant topics and see related topics and projects through a conversational interface.
Copilot in Answers will help users construct questions with the appropriate specificity and completeness as well as extracts the pertinent topics to help categorise the question.
According to the company, Copilot in Viva is based on the Microsoft 365 Copilot System, which leverages the potential of large language models (LLMs) and combines it with the data from the Microsoft Graph and Viva apps.
This innovative approach provides leaders with an entirely novel way to gain insights into and engage with their workforce.
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#Microsoft #announces #Copilot #Viva #grow #workforce #engagement
( With inputs from www.siasat.com )

April 21, 2023
Quick commerce platform Dunzo lays off 30% of its workforce

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New Delhi: Homegrown quick-grocery delivery provider Dunzo has laid off at least 30 per cent of its workforce, nearly 300 employees, after it raised $75 million in a fresh funding round.
According to sources, Kabeer Biswas, Dunzo Founder and CEO, told employees in a town-hall meeting about the latest round of layoffs.
When reached, Dunzo did not immediately comment.

The Economic Times was first to report about the development. In January, Dunzo had laid off 3 per cent of its workforce amid cost-cutting measures, as the company looked at team structures and network design to build efficiency into its teams.
The quick commerce platform will also shut down 50 per cent of its dark stores, and will now join supermarkets and other merchants.
E-commerce player Dunzo in January 2022 raised $240 million to expand its footprint in India.
The freshly-raised funds were to be used in enabling instant delivery of essentials from a network of micro warehouses while also expanding its ‘B2B’ business vertical to enable logistics for the local merchants.
The investment was led by Reliance Retail Ventures, with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital.

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#Quick #commerce #platform #Dunzo #lays #workforce
( With inputs from www.siasat.com )

April 6, 2023
Dem fundraising giant ActBlue lays off 17 percent of workforce

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“But we need to ensure we are serving our users as sustainably and effectively as possible during the 2024 cycle and beyond,” Wallace-Jones said. “The center of our work is providing a technology platform for campaigns, organizations, and donors to drive change, and we are looking to focus our efforts on innovating and expanding our product while also controlling our costs.”
ActBlue workers are unionized under two unions. In a release, the company said it was committed to working with both unions in accordance with “contractual and bargaining obligations.”
In a release on Monday, ActBlue Union, which ratified a contract in February, said 32 of 54 employees laid off were members of its union, criticized ActBlue management, saying the organization had refused to explore alternatives to layoffs such as pay cuts, and called on the organization to not pursue further layoffs.
During the 2022 cycle, ActBlue reported processing more than $3.5 billion for Democratic candidates and progressive organizations, more than double the total it had raised during the 2018 cycle, from more than 7.4 million individual donors. The platform, founded in 2004, has been widely credited with supporting Democrats’ substantial small-dollar donor fundraising advantage.
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#Dem #fundraising #giant #ActBlue #lays #percent #workforce
( With inputs from : www.politico.com )

April 3, 2023
Unacademy lays off 12 pc of workforce in its latest round of job cuts

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New Delhi: Edtech major Unacademy has laid off 12 per cent of its workforce or over 350 employees in its latest round of job cuts.
Gaurav Munjal, co-founder and CEO of Unacademy, announced the latest layoffs in a Slack message to employees, reports TechCrunch.
“We have taken every step in the right decision to make our core business profitable, yet it’s not enough. We have to go further, we have to go deeper,” Munjal was quoted as saying.
“Today’s reality is a contrast from two years ago where we saw unprecedented growth because of accelerated adoption of online learning. Today, the global economy is enduring a recession, funding is scare and running a profitable business is key. We have to adapt to these changes, build and operate in a much leaner manner so we can truly create value for our users and shareholders,” he added.
Moreover, in a message to employees, Munjal stated that he takes “complete responsibility for the way things have turned out”.
In November last year, Unacademy laid off 10 per cent of its workforce or nearly 350 employees, as funding winter deepens for the Indian startup ecosystem.
Earlier this year, Unacademy-run Relevel laid off 40 employees, or 20 per cent of its workforce, as it shifts its focus from the education business to “tests product” and a new app called NextLevel.
Meanwhile, another edtech major BYJU’s has laid off further 15 per cent of its employees from its engineering teams, as the company continues phased layoffs to remain growth-oriented in a global economic meltdown.

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( With inputs from www.siasat.com )

March 30, 2023