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Industry

Deloitte, PwC, IBM set up offices in Indias smaller cities

Jul 13, 2023

McKinsey is hiring for Internship Experienced jobs, Check Details

A global management consulting firm, McKinsey amp Companynbspis hiring for various roles includi...

Hiring

Jul 13, 2023

HCLTech sees headcount reduction in QFY, defers pay hikes

HCLTech, a leading global technology company, announced its financial results for QFY, the quarte...

Compensation

Jul 13, 2023

Latest news: HCLTech sees headcount reduction in QFY, defers pay hikes - SightsIn Plus

TCS CHRO of employees working days a week from office

Indias largest IT services firm, Tata Consultancy Services TCS reported its consolidated fi...

Compensation

Jul 13, 2023

Latest news: TCS CHRO of employees working days a week from office - SightsIn Plus

Demise

Bengaluru former employee of tech firm kills MD and CEO

A former employee of a tech firm has killed Managing Director and Chief Executive Officer. The incident took place at the company’s office in Bengaluru. The deceased persons have been identified as Vinu Kumar, the CEO of Aeronics Media Pvt ltd, and Phanindra Subramanya, the firm’s MD. The police informed to media that the incident […]

Jul 13, 2023

Industry

Wipro to invest $1 Billion in AI & train all 250,000 employees on AI

Wipro Limited, a leading technology services and consulting company, announced the launch of Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients. Along with the launch of Wipro ai360, […]

Jul 13, 2023

Industry

IT Union urges Labour Ministry to intervene as TCS defers joining

An IT employees union, Nascent Information Technology Employees Senate (NITES) has written a letter to the Labour Minister urging them to take action as Tata Consultancy Services (TCS) reportedly delayed the onboarding of several lateral hires. NITES has asked the Minister for Labour and Employment Bhupender Yadav to intervene in the matter. According to reports, […]

Jul 12, 2023

Compensation

IT major Infosys defers salary hikes for employees

India’s second-largest IT giant Infosys has deferred the salary hikes of its employees which it usually rolls out from April for its employees below the senior management level. Earlier also in the 2020, pandemic year, the company froze hikes and then rolled out hikes in January 2021. Usually, Infosys rolls out pay hikes for employees […]

Jul 12, 2023

CHRO Move

Walmart Global Tech gets Bhumika Srivastava as People Leader

Walmart Global Tech has appointed Bhumika Srivastava as People Leader. In this role, she will lead the HR strategy and operations for the largest retail company in the world. She has confirmed the appointment on social media and said, “It is a matter of great pride and enthusiasm to join Walmart. I have joined Global […]

Jul 12, 2023

Layoffs

Dukaan 90% of customer support staff replaced with AI chatbot

A DIY platform that enables merchants with zero programming skills to set up their e-commerce store using smartphones, Dukaan has replaced 90% of customer support staff with an AI chatbot. Suumit Shah, Founder of Dukaan® shared a Tweet from the official Twitter handle saying, “We had to lay off 90% of our support team because of […]

Jul 12, 2023

Hiring

Deutsche India to hire thousands of employees; Check the Details

A German multinational investment bank and financial services company, Deutsche India is planning to hire thousands of employees. Deutsche Bank’s India centre is the largest within the global network with other such locations in Europe and the US. It will an important role to deliver innovative products and services to its clients. The hiring has been […]

Jul 12, 2023

Industry

SBI 12000 employees’ sensitive data leaked on Telegram channels

The data leak cases have increased in India. Now, an Indian multinational public sector bank and financial services statutory body, The State Bank of India (SBI) 12000 employees’ sensitive data has been leaked on Telegram channels. What is sensitive data leaked at SBI? Not only this, it is also claimed that the threat actor has […]

Jul 12, 2023

Industry

TCS delays the onboarding of 200 lateral recruits for 3-4 months

An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) has delayed the onboarding of over 200 lateral hires for at least three to four months. Additionally, the delay in onboarding included cities like Bangalore, Pune, Kochi, Bhubaneswar, Delhi NCR, and Indore. The hiring was conducted in January and April. According to Money Control, […]

Jul 11, 2023

CBI

CBI arrests chairman of Tirupati Infraprojects in bank-fraud case

The Central Bureau of Investigation (CBI) has arrested a Chairman & Managing Director of Private Company Tirupati Infraprojects Pvt. Ltd, Jag Mohan Garg. There is an ongoing investigation of a case related to fraud of Rs. 289.15 crores (approx) to a consortium of banks. A case was registered on 25.05.2022 against a Private Company based in New […]

Jul 11, 2023

Compensation

Reliance and Goggle-backed Dunzo defers 50% salary

Reliance and Goggle-backed Dunzo has deferred 50% salaries of its 500 employees in manager-level positions and above. The company at present has around 1,000 employees. According to Business Standard, “All employees manager grade and above have only received 50 percent of the salary of June. Rest company says they will pay it later between July […]

Jul 11, 2023

Layoffs

Microsoft laid off 276 employees in new job cut round

An American multinational technology corporation, Microsoft has recently laid off 276 employees in a new job cut round. A Microsoft spokesperson stated, “Organisational and workforce adjustments are a necessary and regular part of managing our business.” “We will continue to prioritize and invest in strategic growth areas for our future and in support of our […]

Jul 11, 2023