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Thousands of layoffs are planned as part of Novartis restructuring
Industry

Thousands of layoffs are planned as part of Novartis restructuring

Novartis AG has confirmed that it would cut jobs as part of a wide-ranging restructuring aimed at saving $1 billion by 2024. The Swiss healthcare company said that it would integrate its pharmaceuticals and oncology units into two medicines units–one for the U.S. and one that focuses on the international market. “These efficiencies will come […]

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Capgemini appoints Preeti Chopra as CHRO of its Business Services
CHRO Move

Capgemini appoints Preeti Chopra as CHRO of its Business Services

Capgemini, French multinational information technology services and consulting company has appointed Preeti Chopra as Chief Human Resources Officer, Business Services Global Business Line. Confirming the development, Preeti Chopra wrote on social media Post, “I’m really happy to be joining Capgemini as the CHRO for their Business Services Global Business Line.” “Automation and AI are at […]

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Meesho lays off 150 employees from the grocery business
Jobs

Meesho lays off 150 employees from the grocery business

According to an ET report, e-commerce startup Meesho has laid off 150 people from its grocery business. The positions were axed after the company restructured and rebranded as Meesho Superstore from Farmiso earlier. Last week of this month, the company announced its plans to merge the grocery business with the main app, leading the talks of restructuring […]

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Ideas2IT Chennai-based IT firm gifts cars to 100 employees
Industry

Ideas2IT Chennai-based IT firm gifts cars to 100 employees

A Chennai-based IT firm, Ideas2IT on Monday gifted as many as 100 cars to its employees for their constant support and unparalleled contributions to the company’s success and growth. Ideas2IT, an IT firm has gifted Maruti Suzuki cars to 100 employees. “We are gifting 100 cars to 100 of our employees who have been a part […]

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Infosys to acquire digital experience and marketing agency, oddity
Merger & Acquisition

Infosys to acquire digital experience and marketing agency, oddity

India’s second-largest IT services provider Infosys has announced a definitive agreement to acquire oddity, Germany-based digital marketing, experience, and commerce agency. The move strengthens Infosys’ creative, branding, and experience design capabilities, and demonstrates its continued commitment to co-create with clients and help them navigate their digital transformation journey. With more than 300 digital experts located in Stuttgart, […]

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Lummo appoints Abishek Murthy as Chief Growth Officer
Appointments

Lummo appoints Abishek Murthy as Chief Growth Officer

Lummo (formerly known as BukuKas) has appointed Abishek Murthy as their Chief Growth Officer. The Jakarta and Bengaluru-based SaaS company continues to expand its leadership team in India with the addition of names in key roles including Alexander Peter, Senior Vice President, Founder’s Office & People Strategy, Renuka Thakur, Head of Product – Buyer & […]

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TCS attrition continues to be high, Campus Hiring to be 40,000 in Q1FY23
Industry

TCS attrition continues to be high, Campus Hiring to be 40,000 in Q1FY23

India’s largest IT services provider, Tata Consultancy Services (TCS) for fiscal 2021-22 had added over 100,000 employees from campus but speaking about its attrition continued to be high. Commenting on the attrition, Management said that though on the LTM basis the numbers are high, on an incremental basis the numbers are coming down. “The 17.4 per cent is because […]

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SAP appoints Shweta Mohanty Roy as new Head- HR, India
Appointments

SAP appoints Shweta Mohanty Roy as new Head- HR, India

Software & technology solutions multinational company, SAP elevates Shweta Mohanty Roy as new HR- Head for India Business, Effective from April 11, 2022. Shweta is associated with SAP for the last 6 years, most recently prior to this, she was working as Vice-President- Global HR Business Partner for Enterprise Cloud Services and SAP Labs Network. She […]

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AkzoNobel India appoints Vandana Krishnia as new Marketing Head
C-Suite Move

AkzoNobel India appoints Vandana Krishnia as new Marketing Head

Paint Industry, AkzoNobel has announced the appointment of Vandana Krishnia as new Marketing Head for its India business in its Indian management team. Rajiv Rajgopal, Managing Director, AkzoNobel India said, “At AkzoNobel, we know that to achieve our ambitions, we need a leadership of high performers that is as diverse and inclusive as our customer base. To […]

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TCS has hired more than 35,000 employees in the fourth quarter
Industry

TCS has hired more than 35,000 employees in the fourth quarter

India’s largest software exporter Tata Consultancy Services reported strong quarterly earnings on Monday as demand for digital services brought in orders worth a record $11.3 billion. Net profit at the IT giant rose to 99.26 billion rupees ($1.3 billion) in the three months ending March 31, which was 7.4 percent higher than in the same […]

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WFH Ends? Here’s how Tech Mahindra, HCL planning Work from Office
Industry

WFH Ends? Here’s how Tech Mahindra, HCL planning Work from Office

Here’s how Tech Mahindra, HCL Technologies, Cognizant India, and TCS are planning Work from Office With the steady decline in coronavirus cases, most companies in India and across the globe are calling back their employees to the office. However, some companies are trying to adopt hybrid work model, keeping the safety and security of their […]

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