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Starbucks names Laxman Narasimhan as Chief Executive Officer
C-Suite Move

Starbucks names Laxman Narasimhan as Chief Executive Officer

Starbucks today announced that Laxman Narasimhan will become the company’s next chief executive officer and a member of the Starbucks Board of Directors. Laxman Narasimhan will join Starbucks as incoming CEO on October 1, 2022, after relocating from London to the Seattle area, and will work closely with Howard Schultz, interim CEO, before assuming the […]

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Calvin Klein owner PVH Corp. to layoff 10% workforce
Layoffs

Calvin Klein owner PVH Corp. to layoff 10% workforce

According to media reports, PVH Corp, the owner of the Calvin Klein and Tommy Hilfiger brands announced job cuts due to the rising inflation. The fashion giant said in a statement that it is planning to reduce people costs in its global offices by approximately 10%” by the end of next year to improve efficiency. “We […]

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The Impact of Global Recession on India’s Job Market in FY23
Economic Slowdown

The Impact of Global Recession on India’s Job Market in FY23

Impact? It is all probable; no direct or indirect correlation would be justifiable at this juncture. The projection frames that the United States might tip into recession. India is at a phase where the emphasis is on moderating policies around inflation control which help will hold India at a considerably better level than other countries […]

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HDFC Bank to hire 3000 employees in Maharashtra this fiscal year
Hiring

HDFC Bank to hire 3000 employees in Maharashtra this fiscal year

One of India’s premier banks providing a wide range of financial products and services, HDFC Bank has announced that it will be opening 207 branches and 80 smart banking lobbies in Maharashtra in FY23. According to the latest move, the bank is planning to hire more than 3,000 employees across the state. The new branches will cover all 34 districts. […]

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Paytm is hiring for various roles; check details to apply
Hiring

Paytm is hiring for various roles; check details to apply

Indian digital payments and financial services company Paytm is hiring for various profiles on PAN India basics. Commenting on the hiring process company said, “At Paytm, your opinion and ideas are as important as any of our other colleagues. If you are passionate about making a difference you will fit right in.” “When you intern / get recruited […]

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EY in India is hiring for various roles, freshers can also apply
Hiring

EY in India is hiring for various roles, freshers can also apply

EY, the leading global professional services organization has announced that it would be inducting Experienced Professionals, Students & Entry-Level jobs for various roles in India. The company said on its page, “We’re change agents and cyber gurus. Performance improvers and problem solvers. Data scientists and growth hackers. Bot programmers and software builders. Risk managers and […]

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Unemployment rate falls to 7.6% in the first quarter: NSO
Survey & Report

Unemployment rate falls to 7.6% in the first quarter: NSO

The National Statistical Office (NSO) said on 31 August that the unemployment rate in India for people aged 15 years and above in urban areas declined to 7.6 percent during April-June 2022 from 12.6 per cent a year ago. The Worker Population Ratio (WPR) in CWS in urban areas for persons aged 15 years and […]

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SpiceJet delays disbursal of salaries for the second straight month
Industry

SpiceJet delays disbursal of salaries for the second straight month

India’s Most Preferred airline, SpiceJet has delayed the disbursal of salaries for the second straight month. The airline said that the payments will be made in a “graded format”. The employees on Wednesday informed about the delay. This is the second time that the company has delayed the salaries. The company has to release Form 16 for the financial […]

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Accenture appoints O’Meara as Country Managing Director, Ireland
C-Suite Move

Accenture appoints O’Meara as Country Managing Director, Ireland

Accenture has named Hilary O’Meara as Country Managing Director for Ireland, effective from January 1, 2023. She succeeds Alastair Blair who will retire from Accenture in early 2023. In her role as Country Managing Director, Hilary will have overall responsibility for the continued growth and success of Accenture’s business in Ireland. Accenture has been operating in […]

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Parag Bengali, Director, HR & Finance, Bisleri on Recession Fear
Guest Appearance

Parag Bengali, Director, HR & Finance, Bisleri on Recession Fear

In Conversation with Parag Bengali, Director – HR & Finance at Bisleri International Pvt. Ltd on Recession Fear Parag Bengali is Director – HR & Finance at Bisleri International Pvt. Ltd. He comes with over three decades of industry experience. He has been responsible for talent management and capability development. He has been associated with […]

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3M plans for Job cuts & layoffs
Industry

3M plans for Job cuts & layoffs

According to Bloomberg, An American multinational conglomerate operating in the fields of industry, 3M is planning Job cuts and Layoffs. It is expected that the company plans to realign and reduce its structure from the safety and industrial division. According to the message, 3M is planning to streamline its portfolio and rethink business processes, as […]

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Microsoft opens first global datacenter region in Qatar
Hiring

Microsoft opens first global datacenter region in Qatar

The new cloud datacenter region launches with Microsoft Azure and Microsoft 365, giving organizations access to hundreds of scalable, highly available, and resilient cloud services. Yesterday, Microsoft announced the launch of its new datacenter region in Qatar, marking a major milestone for Microsoft as the first hyper-scale cloud provider to deliver enterprise-grade services in the […]

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