Indias e-commerce sector is experiencing rapid growth, driving demand for talent and becoming...
A recent report by EY India titled How much productivity can GenAI unlock in India? The AIdea...
Oracle is on a hiring spree with , job roles worldwide, with , of these positions based in I...
Microsoft has announced a halt in hiring within its US consulting unit as part of a broader cost-cutting initiative, according to a report by CNBC. This decision comes amidst the company’s ongoing efforts to manage expenses while continuing to invest heavily in artificial intelligence (AI) and cloud-based applications. Microsoft US Consulting Division: Cost-Cutting Measures Earlier […]
ShareChat, the Indian social media platform backed by Google and Temasek, has announced its fourth round of layoffs in the past two years. The company plans to lay off approximately 5% of its workforce, impacting around 20-30 employees across various departments. This decision follows an annual performance review and is part of an ongoing cost-cutting […]
The Karnataka State IT Employees Union (KITU) has strongly criticized L&T Chairman SN Subrahmanyan’s recent comments advocating for a 90-hour work week. The union called it an example of corporate greed, highlighting the detrimental impact such a proposal would have on workers’ well-being. Karnataka Union: L&T Chairman’s Controversial Remarks During an employee interaction, Subrahmanyan lamented […]
Over 150 contractual and outsourcing staff at the Mumbai bench of the National Company Law Tribunal (NCLT) went on strike on Tuesday due to non-payment of their December 2024 salaries. The striking workers are demanding immediate payment and a salary revision, citing repeated delays in disbursements that have affected their livelihood. Staff Grievances and Impact […]
Meta, the parent company of Facebook, Instagram, and WhatsApp, has announced plans to lay off approximately 3,600 employees identified as low performers. CEO Mark Zuckerberg stated that the company will replace these employees with new hires, aiming to raise performance standards and ensure the strongest talent. Performance-Based Cuts Mark Zuckerberg emphasized that the decision to […]
Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, is set to attend a one-day conference on the Future of Jobs in New Delhi on January 15, 2025. The conference, organized by the Ministry of Labour & Employment in collaboration with the Confederation of Indian Industry (CII), aims to explore […]
Netherlands-based AI technology firm Ariqt has announced the opening of its global innovation hub in Hyderabad, India. This move marks Ariqt’s entry into the Indian market and is part of the company’s ambitious plan to hire over 300 engineering professionals over the next two years. Ariqt India: Innovation Hub in Hyderabad The new global innovation […]
AIonOS, an artificial intelligence and data analytics company, has appointed Raj Tanwar as its Chief Human Resources Officer (CHRO). Raj holds an MBA in HR and Marketing from Symbiosis Institute of Management Studies and is an alumnus of the Indian Institute of Management Ahmedabad. His academic background, combined with his hands-on experience in HR leadership, […]
The semiconductor industry is witnessing a significant shift as more women take on leadership roles, reshaping the landscape of this critical sector. This change is driven by a combination of increased awareness of gender diversity, targeted initiatives by companies, and the growing recognition of the unique perspectives and skills women bring to the table. Rising […]
Indore-based TaskUs, a leading business process outsourcing (BPO) and digital transformation services provider, has sparked widespread outrage after abruptly terminating over 300 employees without prior notice. The sudden layoffs have led to protests outside the company’s office, with employees alleging mistreatment and unfair termination. TaskUs Layoffs and Employee Protests The terminations were reportedly carried out […]
On January 13, 2025, HCLTech reported robust financial results for the third quarter of FY25. The company’s revenue reached ₹29,890 crore, marking a 5.1% increase year over year (YoY) and a 3.6% increase quarter over quarter (QoQ). Net profit for the quarter stood at ₹4,591 crore, reflecting a 5.5% YoY increase and an 8.4% QoQ […]
