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341,544 employees laid off in 2023: MS Dhoni-backed firm layoffs more people
Layoffs

341,544 employees laid off in 2023: MS Dhoni-backed firm layoffs more people

The year 2023 has been a year of layoffs there have been 1,489 layoffs at tech companies with 341,544 people impacted (1,383 people per day). The move of layoffs is part of a larger trend of tech companies cutting jobs and slowing hiring as investors become increasingly fearful of a recession. Tech companies have either frozen the hiring process or […]

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Luminous Power Technologies appoints Shikha Gupta as CHRO
CHRO Move

Luminous Power Technologies appoints Shikha Gupta as CHRO

Luminous Power Technologies, a leading energy storage solutions provider in India, has announced the appointment of Shikha Gupta as its new Chief Human Resources Officer (CHRO). Shikha joins Luminous from Schneider Electric, where she served as the Director of HR and DEI for India and South Asia. In the new role, Shikha will be reporting […]

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Tata Technologies to hire 200 people, Walk-in-Interview on Sep 9
Hiring

Tata Technologies to hire 200 people, Walk-in-Interview on Sep 9

A global product engineering and digital services company, Tata Technologies is planning to onboard over 200 ambitious electric vehicle engineers and mobility specialists within the next few weeks. The company is currently conducting a Walk-in on 9th September 2023. The company shared a social media post (LinkedIn Post) saying, “We’re planning to onboard 200+ ambitious #electricvehicle engineers and mobility […]

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Most IT firms give Nil/less increments or deferred salary hikes
Compensation

Most IT firms give Nil/less increments or deferred salary hikes

Most IT services-providing companies have announced Nil/less salary increments or deferred salary hikes due to economic uncertainties. Also, Major tech companies are delaying the salary hike for employees exponentially. The move of salary delay is part of a larger trend of tech companies as investors become increasingly fearful of a recession. Moreover, Tech companies are […]

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IBM SkillsBuild offers Free Courses including Artificial Intelligence
Industry

IBM SkillsBuild offers Free Courses including Artificial Intelligence

IBM SkillsBuild is offering multiple Free courses including Artificial Intelligence courses for students and educators. The company said on its page, “Power your future in tech with job skills, courses, and credentials—for free. Kick-start your tech journey with free courses and resources. Prepare your students for the workforce of the future.” The SkillsBuild is offering […]

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EPFO issues new process to update/correct name, date of birth etc
EPFO

EPFO issues new process to update/correct name, date of birth etc

Employees’ Provident Fund Organization (EPFO) has issued a new procedure for Employees’ Provident Fund (EPF) members to correct or update their details. According to the circular issued by EPFO, a Standard Operating Procedure (SOP) has been issued to correct many other details including name, date of birth and gender of EPF members. Joint Declaration is […]

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Hexagon is inviting applications for Internships & various other jobs
Hiring

Hexagon is inviting applications for Internships & various other jobs

The public listed company, Hexagon in India is inviting applications for internships and various other jobs. The company said on the career page, “Explore the exciting opportunities and culture of innovation that has established Hexagon as a leader in digital reality solutions.” “At Hexagon, you’ll work with bright and creative professionals across various industries who […]

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Gen-Z Employee Performance
Performance Management System

Gen-Z Employee Performance

Gen-Z employees, born after 1996, today comprise a third of the workforce. Gen-Z employees who are already integrated into the workforce are generally toned more than traditional human resources management practices. It is imperative to engage Gen-Z employees with various initiatives that not only engage them but also make them a part of the complete […]

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Uday Kotak quits as MD & CEO, Dipak Gupta takes interim charge
C-Suite Move

Uday Kotak quits as MD & CEO, Dipak Gupta takes interim charge

Uday Kotak, the founder and promoter of Kotak Mahindra Bank, has stepped down from his role as Managing Director & CEO, effective September 1, 2023. Kotak Mahindra Bank Limited has announced key leadership changes following a meeting of its Board of Directors. Uday Kotak has recently shared a post on social media platform X (formally known […]

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TCS BPS Fresher Hiring for 2024 YoP Graduates; late date Sept 20
Hiring

TCS BPS Fresher Hiring for 2024 YoP Graduates; late date Sept 20

India’s largest IT services provider company Tata Consultancy Services is hiring Arts, Commerce, and Science graduates under TCS BPS Hiring program for 2024 passing out batch. TCS BPS is designed with the objective of selecting the best talent in the country from 2024 passing out batches to fuel the growth plan of the organization through […]

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Bridgestone India is empowering women to lead industrial growth
Industry

Bridgestone India is empowering women to lead industrial growth

A fully owned subsidiary of Bridgestone Corporation Japan, Bridgestone India is empowering women in manufacturing to lead India’s industrial growth. The company has hired women apprentices at the Pune manufacturing operations. This is breaking barriers in manufacturing as these 93 women apprentices are honing their skills on the shop floor including operating heavy machinery and […]

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Infosys Completes Acquisition of Danske Bank’s IT Centre in India
Merger & Acquisition

Infosys Completes Acquisition of Danske Bank’s IT Centre in India

Infosys, a global leader in next-generation digital services and consulting, announced that it has completed the acquisition of Danske Bank’s IT centre in India. Danske Bank selected Infosys as a strategic partner to accelerate digital transformation initiatives with speed and scale, and this follows the announcement of the strategic collaboration with Danske Bank made on […]

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