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Morale

Byju’s employees concerns: Byju’s staff say morale waning amid turmoil at Indian edtech firm

Fresh troubles at Indian edtech startup Byju's this week have escalated concerns among employees who were already uncertain about their future after several rounds of job cuts, more than a dozen current and former staff told Reuters. Auditor Deloitte and three prominent board members severed ties with the Bengaluru-headquartered firm on Thursday, raising further questions about the once high-flying company's financial health and governance practices. Byju's has already let go of several thousand employees this year due…

Difference between Motivation and Morale

Improve Article Save Article Like Article Improve Article Save Article Like Article Motivation:Motivation is what drives people to take action and reach their goals. In business, motivated employees can lead to a better work environment, improved customer satisfaction, and higher profits. To increase motivation in a business or organisational setting, companies can create a positive work environment, offer employee recognition programs and training, and provide financial incentives. However, it’s important to…

LLMs come to workplace morale monitoring, as Loopin raises $1.9M for its platform

There have been several startup attempts to measure staff morale, some more halting that others. We reported on Plasticity Labs back in 2014, though their web site seems no longer functioning. Officevibe appeared around the same kind’ve era. More recently out of the UK, WorkBuzz has raised £2.3M. And Spill ($3.5M) is a startup that offers a message-based therapy app to help improve workplace well-being. But now a Bristol-based, UK startup hopes to make waves in the ‘workplace measurement’ space, and it plans to use…

Morale: Concept, Morale and Productivity, and Ways to build high morale

What is Morale?Morale is the overall confidence, enthusiasm, and motivation level within a group of people, such as a team, organization, or society. It is a subjective and intangible concept that reflects the emotional and psychological state of individuals and the group as a whole. High morale generally indicates a positive and productive work environment, while low morale can lead to decreased motivation, engagement, and productivity. Some factors can impact morale, including leadership quality, communication,…

The layoffs will continue until (investor) morale improves

Since the start of 2023, more than 150,000 people have been laid off at tech companies, large and small. That’s a staggering number of people who have been put out of work. When you think about how Meta, Amazon and Salesforce have handled these layoffs, the situation becomes even more grim. Salesforce announced in January that it was laying off 10% of its approximately 80,000 employee workforce. Since then, it has been letting people go in dribs and drabs. Amazon also announced in January that it was laying off…

Jakarta-based Mindtera helps companies keep an eye on employee morale • TechCrunch

During the pandemic, Tita Ardiati and Bayu Puspito Bhaskoro began developing life coaching content to support employees who were increasingly burned out by working from home. They got a good enough reception that they decided to develop their product into an employee assistance program called Mindtera, which now serves more than 10,000 employees in Indonesia. Today, the startup announced total seed funding of $850,000 led by East Ventures, with participation from Seedstars International Ventures and angel investors.…