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: Nov 2024

Employment

Akasa Air Boosts Workforce with , New Hires in FY

Nov 6, 2024

Boeing Strike Ends with Acceptance of New Worker Contract

After a prolonged seven-week strike, Boeing workers have voted to accept a new contract offer, bring...

Industry

Nov 5, 2024

Latest news: Boeing Strike Ends with Acceptance of New Worker Contract - SightsIn Plus

Microsoft Employees Criticize New Copilot Update

Microsoft employees have expressed significant dissatisfaction with the recent update to the company...

Industry

Nov 4, 2024

Latest news: Microsoft Employees Criticize New Copilot Update - SightsIn Plus

Tata Trusts Streamlines Operations CFO and COO Roles Cut

Tata Trusts, the philanthropic organization at the heart of the Tata Group, is undergoing a signific...

Industry

Oct 28, 2024

Latest news: Tata Trusts Streamlines Operations CFO and COO Roles Cut - SightsIn Plus

Editorial

IT Industry: 5 Key Indicators of Revival in India’s Tech Sector

Based on the recent second-quarter Q2FY25 results released by Indian IT Industry like TCS, Infosys, HCLTech, Wipro, Tech Mahindra, LTIMindtree, etc., the industry is showcasing strong signs of revival compared to previous quarters. Here’s a breakdown of the key indicators: 1. Total Headcounts: Increase in Hiring The recent headcount figures from the second-quarter results of […]

Oct 25, 2024

Industry

The Talent Crisis in India’s Renewable Energy Sector

India’s renewable energy sector is experiencing unprecedented growth, driven by ambitious targets to increase non-fossil energy production capacity to 500 GW by 2030 and achieve net-zero emissions by 2070. However, this rapid expansion has brought to light a significant challenge: a severe talent crunch. Major corporations such as Tata Power, Adani Green Energy, Reliance, and […]

Oct 21, 2024

Employment

TCS has deferred onboarding for lateral hires until Jan 2025

Tata Consultancy Services (TCS), one of the largest IT services companies, has recently deferred the onboarding of lateral hires from October 2024 to January 2025. This decision was communicated to candidates just days before their scheduled joining dates. Several prospective hires took to platforms like LinkedIn and FishBowl to share their experiences and express their […]

Oct 20, 2024

Industry

LTIMindtree Adds 2,500+ Employees in Q2FY25 Amid Growth

LTIMindtree, a global technology consulting and digital solutions company, has announced its consolidated financial results for the second quarter of fiscal year 2025 (Q2FY25). The company reported robust growth across various metrics, reflecting its strong market position and strategic initiatives. In this report, we understand the key highlights of LTIMindtree’s Q2FY25 performance. LTIMindtree Q2FY25 Results: […]

Oct 19, 2024

Industry

Tech Mahindra Sets Record with 6,653 New Hires in Q2FY25

Tech Mahindra, a leading IT services firm, added 6,653 net employees during the second quarter (Q2) of FY25, which ended September 30, 2024. This surge reflects the broader industry trend of IT companies ramping up hiring after a slowdown in FY24. The company’s headcount growth in Q2 was the highest among its top five peers, […]

Oct 19, 2024

Industry

Wipro Q2 FY25 Results: to Hire 3,000 Freshers Every Quarter

Bengaluru-based IT services major, Wipro, reported robust financial performance for the second quarter of FY25. Despite a challenging business environment, Wipro’s revenue remained resilient. In this report, we will be discussing the key highlights. Wipro’s net profit surged by an impressive 21.2% year-on-year (YoY), reaching ₹3,208.8 crore. This growth reflects the company’s effective cost management and […]

Oct 18, 2024

Industry

Infosys Q2FY25 Highlights: Performance & Hiring Trends

India’s second-largest IT services company, Infosys, yesterday released its financial results for the second quarter of fiscal year 2025 (Q2 FY25). Despite a dynamic business landscape, Infosys demonstrated resilience and growth. Infosys Q2 FY25 Results IT giants reported quarterly revenue of ₹40,986 crore, representing a robust 5.1% increase compared to the same period last fiscal […]

Oct 18, 2024

Editorial

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry insiders, the Big Four firms– Deloitte, PWC, EY, KPMG, and their shared services units in India are projected to hire around 1,00,000 people in FY25. Gross hiring for these companies stood at 88,000 in FY24. The Big Four accounting firms—Deloitte, PwC, EY, and KPMG—are currently on a […]

Oct 15, 2024

Industry

TCS Q2FY25 Highlights: Added 5,726 employees in second quarter

Tata Consultancy Services (TCS) announced its Q2FY25 results for the quarter ending in September earlier today. Below are key takeaways: Revenue and Profit Performance Tata Consultancy Services (TCS), India’s largest IT services provider, posted a net profit of ₹11,909 crore for the second quarter of FY 2024-25, reflecting a 5% increase from ₹11,342 crore in […]

Oct 10, 2024

Industry

IT Sector Pulse Check: TCS Starts Earnings Reports on Oct 10

Tata Consultancy Services (TCS), India’s largest IT software company, is set to kick-start the Q2 (September quarter) earnings season on October 10. On the same day, Tata Elxsi, another member of the Tata Group, will also announce its earnings for the July-September quarter. Upcoming Earnings Announcements Following TCS and Tata Elxsi, HCLTech is scheduled to […]

Oct 8, 2024

Employment

Air India Employment Surge; 9,000 New Hires in Two Years

Air India commitment to growth is evident in its hiring strategy. Over the last two years, the airline has brought onboard a staggering 9,000 employees. Among them are 5,000 crew members, reinforcing the airline’s operational capacity and service excellence. This surge in recruitment aligns with Air India’s ambitious five-year transformation plan, aptly named “Vihaan.AI” . Market Share […]

Sep 21, 2024

Employment

Tech Mahindra EX CEO, CP Gurnani on EY death case

CP GURNANI, Co-Founder of AIonOS and former CEO of Tech Mahindra, emphasizes the urgent need for organizations to move beyond mere lip service and take concrete actions to protect their most valuable asset: their people. As we understand the impact of corporate culture on employee well-being, let’s know Gurnani’s take on how companies can create […]

Sep 20, 2024