Twitter CEO Elon Musk cuts paid parental leave to 14 days from 20 weeks: Report
New York: Twitter CEO Elon Musk has drawn flak after the company changed its parental leave policy by slashing the period from 20 weeks to 14 days (2 weeks), as per internal company documents accessed by New York Times.

The change will have a drastic impact on employees who reside in those parts of the United States which have no paid leave policy.
Currently, only 12 states in the US have the provision for paid family and medical leave.
As per the new policy, a woman has to get back to work just two days after giving birth or go for a long unpaid leave, a Twitter user said.
The users felt that 20 weeks of paid maternity leave helped reduce the financial burden on new parents.
"This is how the gender pay gap is entrenched,” a user wrote.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles

CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.

JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.

LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).

De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News

Rishab Shetty's Kantara Chapter 1 roars in box office on opening day

Five Pakistan fighter jets were shot down during Operation Sindoor, claims IAF chief

Ex-Pakistan captain Sana Mir says her controversial 'Azad Kashmir' remark was 'blown out of proportion'

KL Rahul slams century, India take comfortable lead over West Indies
