Brands
Shoppers Stop lays off 1100 employees
MUMBAI: India's oldest department store chain Shoppers Stop is planning to lay off over 1100 employees as well as shutting some of its lower-performing stores owing to the drop in sales.
A company spokesperson shared with Economic Times that the declining business has resulted in employee layoffs, further mentioning that considering the limitation on adding new stores in the current situation, the size of the brand’s business is effectively reduced, leaving them with no other option but to let go of employees in order to adjust the company’s cost base.
It has been reported that around 15 percent of the 7500 staff strength, mostly comprising junior and mid-level workers, have been asked to resign by 15 June.
Apparently, these include over 1000 employees from the front-end operations and nearly 160 belonging to the back-end processes.
All the affected employees will be given their salaries for two months on an immediate basis.
While Shoppers Stop confirmed its layoff plans, it also maintained that it will re-hire from the same set of people as soon as there’s an improvement in the situation.
Soon after the Government’s Unlock, 1.0 plan came into being, Shoppers Stop reopened 55 of its 90 department stores.
Brands
Orient Electric CHRO Aditya Kohli steps down
Senior HR leader exits CK Birla Group firm after brief tenure
GURUGRAM: Orient Electric announced the resignation of its chief human resources officer, Aditya Kohli, citing personal career reasons.
In a regulatory filing, the company said Kohli, who is also part of its senior management personnel, submitted his resignation on 24 February, 2026, after nearly four years with the company. His last working day will be 24 March, 2026, at the close of business hours.
Kohli brought more than two decades of experience across India and international markets, having previously worked with firms such as Hewitt Associates, Standard Chartered Bank, Bharti Airtel and Clix Capital.
During his tenure, Kohli was involved in areas spanning talent management, HR transformation, culture and change initiatives, and HR technology, according to earlier company disclosures.
The company said Kohli has resigned to pursue another professional opportunity outside the organisation. Further details related to the resignation, along with a copy of his resignation letter, have been shared as part of the statutory disclosures.
Orient Electric has not yet announced a successor or outlined interim arrangements for the role.
