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PwC’s UK Boss to young employees, AI may replace you, WFO 4-5 days a week
Industry

PwC’s UK Boss to young employees, AI may replace you, WFO 4-5 days a week

According to TOI report, the second-largest professional services network company, PricewaterhouseCoopers (PwC) UK Chair Kevin Ellis has advised the young employees to work from office 4-5 days a week otherwise, ‘AI may replace you’. PwC UK chair Kevin Ellis also said that the AI is “replacing tasks that used to be training grounds for our junior staff.” Kevin […]

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Cognizant unveils Gen AI empowering employees to innovate
Industry

Cognizant unveils Gen AI empowering employees to innovate

An American multinational information technology services and consulting company, Cognizant has announced its collaboration with Microsoft on the launch of the Innovation Assistant. This is a generative AI-powered tool built on Microsoft Azure OpenAI Service which will augment Cognizant’s internal innovation program, Bluebolt. Cognizant is dedicated to maintaining the highest standards for responsible and ethical […]

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Tata Consumer Products to acquire Organic India
Merger & Acquisition

Tata Consumer Products to acquire Organic India

A focused consumer products company, Tata Consumer Products has announced that the company has signed definitive agreements to acquire up to 100% of the issued equity share capital of Organic India. Sunil D’Souza, MD & CEO, Tata Consumer Products said, “We are excited about bringing Organic India into Tata Consumer Products. This transaction aligns well with […]

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Google sacks employee after 19 years of service: Layoffs Suck
Layoffs

Google sacks employee after 19 years of service: Layoffs Suck

An American multinational technology company, Google has recently sacked an employee after 19 years of service. The former Google employee Kevin Bourrillion took the layoff to social media platform X (formally Twitter) confirming that he was sacked by the company. Kevin Bourrillion’s post said on the X, “End of an era! After 19 years of […]

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HCLTech will continue hiring for Q4, says Chief People Officer
Industry

HCLTech will continue hiring for Q4, says Chief People Officer

A leading global technology company, HCLTech added 3617 employees in Q3 and its Total Headcount stood at 224,756. Moreover, the company’s attrition (LTM) rate for the quarter moderated further to 12.76% from 14.2% in Q2 FY24 and 21.7% YoY. According to the reports published by ET, HCLTech will continue hiring for Q4 to have a […]

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L&T elevates Manish Gour as VP- HR, Heavy Engineering Division
Appointments

L&T elevates Manish Gour as VP- HR, Heavy Engineering Division

Larsen & Toubro Ltd. (L&T) elevates Manish Gour as Vice President- Human Resources for its Heavy Engineering Division, effective January 1, 2024. Before this, most recently he was working as General Manager & Head HR & Operational Excellence, Larsen & Toubro Ltd., Heavy Engineering Division for 5 years. Manish is a seasoned HR professional with […]

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Why More Women in Human Resources (HR)?
Industry

Why More Women in Human Resources (HR)?

The distribution of gender in various corporate functions can vary widely, and it’s essential to note that gender representation is changing over time. Traditionally, certain functions or industries have had a higher proportion of women, while others have been more male-dominated. However, these trends are evolving, and there’s a growing emphasis on gender equality in […]

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ESIC enrolls 3.17 Lakh female employees in November 2023
ESIC

ESIC enrolls 3.17 Lakh female employees in November 2023

One of the two main statutory social security bodies, Employees’ State Insurance Corporation (ESIC) has revealed the provisional payroll data that 15.92 lakh new employees have been added in the month of November, 2023. The Employees’ State Insurance Scheme in the month of November, 2023 around 20,830 new establishments have been registered and brought under […]

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IIT is providing an Edge computing free course; Apply Here
Industry

IIT is providing an Edge computing free course; Apply Here

IIT is providing a course that will cover the fundamentals of Edge computing and its applications in low latency and critical real-time computing scenarios. The course brings in the theory of Edge computing, focusing on it as a complementary approach that addresses some of the limitations of cloud computing. The course will cover applications where […]

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Reliance launches GET Program to hire high-potential engineering talent
Hiring

Reliance launches GET Program to hire high-potential engineering talent

India’s largest company, Reliance Industries Ltd has recently launched the Graduate Engineer Trainee Program. Reliance Industries Ltd is hiring fresh engineering graduates to hire high-potential engineering talent across India. The company said on its page, “The Graduate Engineer Trainee Program at Reliance aims to hand pick young, high-potential engineering talent across India and nurture them […]

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Citigroup will be cutting 20,000 jobs
Layoffs

Citigroup will be cutting 20,000 jobs

An American multinational investment bank and financial services corporation, Citigroup Inc. has reported a net loss for the fourth quarter of 2023 of $(1.8) billion, or $(1.16) per diluted share, on revenues of $17.4 billion. This compares to net income of $2.5 billion, or $1.16 per diluted share, on revenues of $18.0 billion for the fourth […]

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Piramal Pharma Limited appoints Puneet Rajput as CHRO
CHRO Move

Piramal Pharma Limited appoints Puneet Rajput as CHRO

The leading Healthcare group, Piramal Pharma Limited (PPL) has appointed Puneet Rajput as its new Chief Human Resources Officer (CHRO). She has confirmed the appointment on social media and said, “I’m excited to share that I’m starting a new position as Chief Human Resources Officer at Piramal Pharma Limited!” “With end-to-end manufacturing capabilities across 15 global […]

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