All Latest Posts

15100 posts found

Tools for Humanity Slashes Teams Amid Global Data Privacy Fines
Layoffs

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. […]

Read Story
Opendoor Shuts Down India Operations, Cutting 250 Jobs
Layoffs

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 […]

Read Story
Spice Money Appoints Nitin Sachdeva as Chief Human Resources Officer
Appointments

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 […]

Read Story
Godrej Wealth Appoints Key Leadership Team Across Functions
Appointments

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 […]

Read Story
Cognizant AI Tool Replaces Resumes with Real-World Chat Data
Industry

Cognizant AI Tool Replaces Resumes with Real-World Chat Data

Moving beyond simple productivity gains, global IT services provider Cognizant Technology Solutions has unlocked a fresh revenue streams through an internal artificial intelligence deployment. The company revealed it has generated roughly $200 million in incremental sales pipeline. This milestone was achieved simply by analyzing everyday communication data across its workforce. The strategy relies on a […]

Read Story
Salesforce Offers Massive 30-Week Severance Packages
Layoffs

Salesforce Offers Massive 30-Week Severance Packages

Customer relationship management (CRM) giant Salesforce Inc. has initiated a fresh round of job cuts across multiple core business units. This strategic workforce reduction follows mounting pressure from activist investors and an aggressive corporate realignment toward artificial intelligence. According to internal corporate documents and recent California Worker Adjustment and Retraining Notification (WARN) filings, the redundancies primarily […]

Read Story
Infosys Pauses Exams for 20,000 Freshers After Uncovering Impersonation
Industry

Infosys Pauses Exams for 20,000 Freshers After Uncovering Impersonation

Indian IT services major Infosys Limited has abruptly deferred online assessment tests and in-person evaluations for more than 20,000 job applicants. The drastic suspension follows the discovery of widespread malpractice, candidate impersonation, and fraudulent test-taking schemes designed to game the company’s digital screening pipeline. The pause explicitly disrupts hiring rounds for two premium entry-level technical […]

Read Story
L’Oréal Launches Sixth Global Employee Share Ownership Plan
Compensation

L’Oréal Launches Sixth Global Employee Share Ownership Plan

Cosmetics and beauty powerhouse L’Oréal Groupe has officially announced the launch of its sixth employee share ownership plan. Broadening its commitment to workplace value-sharing, the multinational utility is offering the investment program across 63 eligible countries. The initiative allows the firm’s global workforce to directly acquire equity and participate financially in the long-term growth and […]

Read Story
TCS Launches Dedicated GVIC Unit to Power AI-Native GCCs
Industry

TCS Launches Dedicated GVIC Unit to Power AI-Native GCCs

Tata Consultancy Services (TCS), India’s largest IT services provider, has announced the launch of a new dedicated business unit: the Global Value & Innovation Centres (GVIC). This specialized wing is designed to assist multinational corporations in establishing “AI-native” Global Capability Centres (GCCs) and transforming existing captives into innovation-led, value-driven hubs. The move highlights an industry-wide […]

Read Story
NTPC Promotes 34 Internal Employees to Executive Director Roles
Movement

NTPC Promotes 34 Internal Employees to Executive Director Roles

In a major structural move aimed at advancing succession planning, state-run power giant NTPC Limited has promoted 34 long-serving officials to the position of Executive Director (Senior Management). Effective June 8, 2026, the sweeping internal elevations mark one of the most extensive senior management updates in recent years for India’s largest power producer. The company […]

Read Story
Central Employees to Get 8th Pay Commission Arrears Up to ₹14 Lakh
Compensation

Central Employees to Get 8th Pay Commission Arrears Up to ₹14 Lakh

Millions of central government employees and pensioners could be in for a massive financial windfall, with 8th pay commission arrears calculations suggesting lump-sum arrear payouts ranging from ₹5 lakh to ₹14 lakh. These substantial payouts are linked to potential implementation delays and employee union demands for a higher wage multiplier under the upcoming 8th Central […]

Read Story
TCS to Match Human Staff Count with AI Workers
Industry

TCS to Match Human Staff Count with AI Workers

Tata Consultancy Services (TCS), India’s largest IT services exporter, is preparing for a radical workplace shift. Speaking at the company’s 31st Annual General Meeting, Tata Sons Chairman N Chandrasekaran made a notable prediction. He stated that within the next three years, TCS will achieve a 1:1 ratio of autonomous artificial intelligence agents to its human […]

Read Story