Industry: HR News, Trends & Workplace Insights

Explore the latest Industry news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Jan 2025

Industry

HCLTech Adds , Employees in QFY Attrition on the Rise

Jan 14, 2025

Meta Faces Internal Revolt Over Hateful Conduct Policy Changes

Meta, the parent company of Facebook and Instagram, is facing significant backlash over recent chang...

Industry

Jan 11, 2025

Latest news: Meta Faces Internal Revolt Over Hateful Conduct Policy Changes - SightsIn Plus

TCS Targets , Trainees in to Minimize H-B Visa Use

Tata Consultancy Services TCS, Indias largest IT services firm, has announced ambitious pla...

Industry

Jan 10, 2025

Latest news: TCS Targets , Trainees in to Minimize H-B Visa Use - SightsIn Plus

TCS Q FY Headcount Drops ,, Profit and Revenue Grow

Tata Consultancy Services TCS, Indias largest IT services firm, reported a decline in its h...

Industry

Jan 9, 2025

Latest news: TCS Q FY Headcount Drops ,, Profit and Revenue Grow - SightsIn Plus

Editorial

Strong Job Growth and Salary Increases Expected in IT Sector

India’s IT sector is on track for significant growth, with new job opportunities projected to rise by 20% in 2025, according to FirstMeridian Business Services. This follows a 17% increase in 2024, fueled by the demand for digital services and specialized tech roles. Emerging positions such as application developers, software engineers, DevOps engineers, AI specialists, […]

Jan 4, 2025

Industry

Foxconn Invests $230 Million in Worker Housing in Tamil Nadu

Foxconn, the Taiwanese contract manufacturer known for assembling iPhones, has completed its $230 million project to build dormitories for workers at its Sriperumbudur plant in Tamil Nadu. This initiative aims to provide enhanced accommodation for its predominantly female workforce, improving their quality of life and operational efficiency. Foxconn Project Overview The dormitory complex, spread over […]

Dec 31, 2024

Industry

Big 4 Giants Deloitte & EY Lay Off Employees Amid Challenges

Deloitte and EY, two leading consulting firms, are reducing employees and restructuring operations as weakened demand for advisory services reflects broader economic uncertainty. Workforce Reductions Amid Declining Demand Deloitte and EY, two of the largest professional services firms, are cutting jobs as demand for consulting and advisory services declines. Deloitte recently laid off 250 UK-based […]

Dec 27, 2024

Hiring

Satcom Services to Drive Major Hiring in Indian Telecom

The burgeoning satellite communication (satcom) sector is poised to trigger a significant hiring surge in the Indian telecom industry. Major players like Elon Musk’s Starlink, Amazon’s Kuiper, Bharti-backed Eutelsat OneWeb, and the Reliance Jio-SES joint venture are entering the satcom race. As a result, the demand for highly skilled talent in space technologies is expected […]

Dec 26, 2024

Employment

DPIIT: Startups Generate 1.6 Million Jobs Across Sectors

Department for Promotion of Industry and Internal Trade (DPIIT) has revealed that startups in India have created over 1.6 million jobs. This report reflects the vital role startups play in the country’s economy, contributing to various sectors such as fintech, edtech, health-tech, and e-commerce. DPIIT Report on Startups: Gender Inclusivity & Global Reach India’s startup […]

Dec 26, 2024

Industry

Deloitte Announces Cost-Cutting Measures After Year of Upheaval

Deloitte, one of the Big Four accounting firms, is once again tightening its belt after a tumultuous year marked by reorganization and cost-cutting measures. The firm has announced plans to reduce spending on staff travel and expenses by over 50% for the remainder of the financial year, a move aimed at navigating the challenging market […]

Dec 24, 2024

Compensation

Infosys Ex-CFO Mohandas Pai Highlights Salary Inequality

Mohandas Pai, former CFO of Infosys and current Chairman of Aarin Capital, has raised a critical issue regarding the growing wage disparity in India’s IT sector. In a recent statement, Mohandas highlighted the stark contrast between the salaries of top executives and entry-level employees. He called for urgent reforms to address this imbalance. Infosys Ex-CFO […]

Dec 23, 2024

Industry

TCS iON Offers Free Digital Certification Course; Register Here

Are you looking to boost your career prospects in the ever-evolving digital landscape? Look no further than TCS iON, a strategic Tata Consultancy Services business unit that offers a 15-day free digital certification program. TCS iON Career Edge – Young Professional is a free-to-access 15-day career preparedness course designed to equip today’s youth with core employability skills […]

Dec 22, 2024

Industry

Fintech Job Surge: India to Add Over 300,000 Roles

India’s fintech industry is set to experience significant job growth, with projections indicating the addition of over 300,000 jobs in the coming years. The widespread adoption of digital payments, blockchain innovations, and the growth of open banking systems drive this surge. Indian fintech firms have attracted significant investment, with over $28 billion raised through 1,486 […]

Dec 21, 2024

Employment

Infosys Opened New Kolkata Development Center for 4,000 People

On December 18, Infosys, a global IT and consulting leader, opened a 320,000-square-foot development center in Kolkata, West Bengal. Built with an investment exceeding INR 426 crore, the facility is designed to host over 4,000 employees in a hybrid work model. It will support work on advanced technologies such as cloud computing, artificial intelligence, and […]

Dec 20, 2024

Industry

Accenture Beats Estimates, Added 25000 Employees in Q1FY25

Accenture reported a robust start to fiscal year 2025 with revenues reaching $17.7 billion, a notable increase of 9% in U.S. dollars and 8% in local currency compared to the first quarter of fiscal 2024. The company’s GAAP diluted earnings per share (EPS) stood at $3.59, marking a 16% increase over the first quarter of […]

Dec 19, 2024

Employment

Biden Govt Relaxes H-1B Visa Rules: Impact on IT Industry?

The outgoing Biden administration has introduced changes to H-1B visa rules, easing the process for U.S. companies to employ foreign workers with specialized skills. These updates also simplify the transition for F-1 student visa holders to H-1B visas, benefiting many Indian professionals in the tech sector. H-1B visas are crucial for U.S. companies, especially in […]

Dec 19, 2024