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TCS Pay Restructuring Signals a Wider Shift in IT Compensation Practices

Nearly three weeks after Tata Consultancy Services TCS introduced changes to its compensation stru...

Compensation

Top Paid Virtual Internships in AI, ML, Cyber Security and Data Analytics

As demand for skilled professionals in Artificial Intelligence AI, Machine Learning ML, Cyber Se...

Internship

Mastercard Appoints Amarjit Singh Walia as SVP, Account Management for South Asia

Payments technology giant Mastercard has announced the appointment of Amarjit Singh Walia as its new...

Latest news: Mastercard Appoints Amarjit Singh Walia as SVP, Account Management for South Asia - SightsIn Plus

OPmobility Appoints Samir Pagey as Country HR Director in India

OPmobility, a leading mobility solutions provider, has appointed Samir Pagey as Country HR Director for its Exterior & Lighting business in India. In this role, he will be responsible for leading HR activities and supporting the company’s people and business priorities across the Exterior and Lighting business. Extensive Experience With nearly 20 years of experience, […]

Compensation

SEBI Proposes Hiding Mutual Fund Executive Compensation

The Securities and Exchange Board of India (SEBI) has released a comprehensive consultation paper proposing a major roll-back on the granular salary transparency rules currently imposed on India’s asset management companies (AMCs). Under the draft framework issued on June 10, 2026, the markets regulator intends to replace name-wise, individual compensation listings of mutual fund executives […]

Industry

Accenture Ends 2.5-Year Wage Freeze in India With 50-50 Formula

Global IT consulting heavyweight Accenture has rolled out a sweeping overhaul of its worker compensation framework, structurally altering how salary increases are disbursed. Under a new system launched for the June 2026 compensation cycle, the company is splitting approved “stay-at-level” performance raises equally between permanent base pay increases and a one-time cash bonus. The revised […]

Volkswagen to Slash 19,000 German Jobs by End of 2026

Automotive titan Volkswagen AG is aggressively pushing forward with its massive structural consolidation, aiming to shrink its domestic workforce by 19,000 positions before the close of 2026. The milestone was detailed by CEO Oliver Blume in prepared remarks for the company’s Annual General Meeting. The targeted reductions apply directly to Volkswagen AG, heavily impacting administrative […]

Dell SEC Filing Signals Fresh Round of Workforce Reductions

Dell Technologies Inc. has fueled intensive market speculation regarding a fresh wave of impending job cuts. The corporate anxiety stems from a newly disclosed Form 10-Q regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC) on June 9, 2026, which outlines a sharp acceleration in the tech giant’s severance-related operational overhead. The mandatory […]

Microsoft to Slash Xbox Workforce and Marketing Budgets

Microsoft’s gaming division Xbox is preparing for another wave of significant layoffs and deep budget cuts just days after its annual summer showcase. The restructuring arrives as newly appointed Xbox CEO Asha Sharma launches a sweeping “100-day reset” to address years of declining revenue, shrinking margins, and a severe hardware components crisis. According to reports […]

News

TCS Partners with Anthropic to Give 50,000 Employees Access to Claude AI

Tata Consultancy Services (TCS) on Thursday, June 11, 2026, announced a global strategic partnership with AI heavyweight Anthropic. Under this wide-reaching alliance, India’s largest IT services exporter will establish a dedicated business unit and roll out enterprise-wide Claude AI licensing to 50,000 of its corporate associates. The enterprise deployment spans multiple cross-functional domains, embedding Claude’s […]

Internship

Top AICTE Paid Internships for Students, Stipends Up to ₹15,000

AICTE has announced several internships across technology, engineering, design, business development, and event management domains, offering students a chance to gain practical industry experience while earning stipends of up to ₹15,000 per month. AICTE Internships are open to students from diverse academic backgrounds and are available in both on-site and virtual formats. Key Internship Opportunities […]

Tools for Humanity Slashes Teams Amid Global Data Privacy Fines

Tools for Humanity, the digital identity startup co-founded by OpenAI CEO Sam Altman and Alex Blania, has initiated a round of job cuts. The workforce reduction follows protracted struggles to transform its ambitious iris-scanning technology into a viable corporate revenue model. The layoffs were communicated via an internal human resources email on June 8, 2026. […]

Opendoor Shuts Down India Operations, Cutting 250 Jobs

In a major strategic realignment, American digital real estate pioneer Opendoor Technologies Inc. has announced the complete shutdown of its operations in India. The decisive operational pivot effectively eliminates the company’s entire Indian workforce. This move lays off nearly 250 employees across its major technical and operational hubs in Chennai and Bengaluru. The corporate exit marks […]

Spice Money Appoints Nitin Sachdeva as Chief Human Resources Officer

Spice Money, a leading rural fintech company in India, has appointed Nitin Sachdeva as its Chief Human Resources Officer (CHRO). In this role, he will lead the company’s human resources function and oversee talent acquisition, employee engagement, learning and development, performance management, and people strategy as the rural fintech company continues to expand its operations […]

Godrej Wealth Appoints Key Leadership Team Across Functions

Godrej Wealth, the wealth management business of the Godrej Industries Group, has announced a series of senior leadership appointments across business, investments, product, technology, digital, and human resources functions following its recent launch. Led by CEO Kunal Karnani, the company is building a technology-enabled, client-centric wealth management platform and aims to create a ₹1,00,000 crore […]