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Layoffs

Amazon confirms layoffs and sends emails to impacted employees

An American multinational technology company focusing on e-commerce, Amazon has confirmed the layoffs at the company. However, The company did not reveal the exact number of employees laid off however as per the earlier reports 10,000 employees or 3 percent of its workforce were expected to be laid off. Impact on India Team These cuts […]

Prevention of Sexual Harassment(POSH)

Swiggy Launches Sexual Harassment Redressal Policy

An Indian online food ordering and delivery platform, Swiggy introduced a Swiggy-specific Policy on Sexual Harassment Redressal that is aligned in spirit with the POSH Act. It covers how sexual harassment can be reported and how it will be investigated and acted upon. What happens when there is untoward behavior in the form of sexual […]

Compensation

Infosys to roll out 65% variable pay for Q2

India’s second-largest IT major, Infosys announced that its employees will be receiving 65 percent variable pay for the July – September quarter of FY23. According to the email sent to employees, the average payout at an organization level is 65% for Q2FY23 and the individual payout percentages will differ based on the individual’s performance and contribution […]

Indian IT industry will hire 2 lakh people in the near term

According to ET, Indian multinational information technology company, Infosys co-founder Kris Gopalakrishnan has said the IT sector will hire nearly two lakh people however the industry will surely face challenges. There will be hiring despite some concerns such as inflation and the impending US recession. He added the concern and comments on this while addressing […]

Mahindra launches first dedicated farm machinery plant in Pithampur

Mahindra & Mahindra Farm Equipment Sector (FES), a part of the Mahindra Group, formally inaugurated its first dedicated farm machinery plant (non-tractor) in Pithampur, Madhya Pradesh. The new plant was inaugurated by the Honourable Union Minister of Agriculture and Farmers’ Welfare, Government of India, Shri Narendra Singh Tomar, at an event attended by key state […]

Wipro to set up European Works Council

Wipro Limited, leading technology services and consulting company, announced that it has reached an agreement with employee representatives on setting up a European Works Council (EWC). Wipro’s EWC is the first to be established by an Indian headquartered company, and builds upon a number of years of successful, constructive working with Works Councils at local […]

Survey & Report

95% organisations in India experienced ‘new fraud’ in last 2 years

The PwC’s recent report Global Economic Crime and Fraud Survey 2022: India Insights reflects the new frauds that organisations faced. Following the outbreak of the COVID-19 pandemic, the uncertainties associated with it, and the subsequent shift to digital operations and remote working, businesses have been exposed to new risks related to digital security, employee safety, and disinformation. The […]

CHRO Move

Diageo India appoints Shilpa Vaid as CHRO

The country’s leading beverage alcohol company, Diageo India has announced the appointment of Shilpa Vaid as Chief Human Resources Officer (CHRO). In her new role, Shilpa Vaid will be responsible for the entire gamut of people and cultural agenda of the organization for India business. She will be reporting to Hina Nagarajan, MD, and CEO, […]

Survey & Report

82% employees feel that the gender pay gap exists: Survey

According to the ADP Research Institute’s People at Work 2022: A Global Workforce View report, 82% of them feel that the gender pay gap exists and it’s unfair. The report reveals that although women have been more vocal about the issue, men are not far behind. The report further shows the expectations and hopes for […]

Hiring

Wipro is hiring BCA, B.Sc freshers 2022-23; last date to apply is Nov 30

India’s IT services provider company Wipro is inviting applications from BCA and BSc students passing out years 2022 and 2023 under Wipro Work Integrated Learning Program (WILP) program 2023. Commenting on the hiring process company said, “Wipro’s Work Integrated Learning Program is back to supercharge your career! If you’re a 2022 or 2023 BCA or BSc graduate, this is […]

Hiring

T-Systems with Tech Mahindra opens Delivery Centre in Nagpur; to hire 6000 people

One of the leading providers of digital services, T-Systems International has partnered with Tech Mahindra as the company is on an expansion in India. The company is starting Delivery Center in Nagpur and this new centre will be situated in Mihan SEZ Zone. The centre will be equipped with a gymnasium, cafeteria, recreation centre for employee […]

Nearly 3 lakhs employees lost jobs in the last 2 months

Many companies have been laying employees. Most Tech Firms have fired employees due to inflation, moonlighting, and many more. Rajesh Padmanabhan, Chief Executive Officer of Talavvy Business Catalysts shared his view in a LinkedIn post, “Over 300,000 jobs lost in the last 2 months. Some more big ones queuing up. This will soon become Industry […]