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: Apr 2023

Industry

Harvard University offering free online digital courses, details here

Apr 21, 2023

HCL Tech attrition rate drops hiring slows down by nearly

A multinational information technology services and consulting company, HCL Tech announced the resul...

Industry

Apr 20, 2023

Latest news: HCL Tech attrition rate drops hiring slows down by nearly - SightsIn Plus

Wipro imposes test, after slashing salaries by for freshers

Earlier, an Indian multinational corporation, Wipro reduced the fresher employees salary by ...

Industry

Apr 20, 2023

Latest news: Wipro imposes test, after slashing salaries by for freshers - SightsIn Plus

LinkedIn Top best workplaces to grow your career in India

The professional social media platform LinkedIn has shared a list of the top workplaces in India ...

Industry

Apr 19, 2023

Latest news: LinkedIn Top best workplaces to grow your career in India - SightsIn Plus

Industry

TCS CEO-designate K Kirthivasan on return to office plan

An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) has recently appointed K Krithivasan as the new CEO designate of the company, effective June 1. He has expressed his views on certain topics. Work from Office Earlier, TCS asked its employees to work in the office for at least three days a week. […]

Apr 18, 2023

Industry

PwC India to invest over Rs 600 cr towards employee wellbeing

The world’s leading professional services firm, PwC India has said that the company is committed to investing over Rs 600 crore in wellbeing initiatives. The company said, “At PwC India, we want our community of solvers to choose what helps them thrive – meaningful relationships, flexibility and balance, a sense of purpose and belonging.” We’re excited […]

Apr 17, 2023

Industry

TCS CHRO: Expect attrition to drop close to 12-13% by H2FY24

According to the reports, Tata Consultancy Services Chief Human Resources Officer Milind Lakkad (TCS CHRO) expects the attrition to drop close to 12-13% by H2FY24. The attrition for every quarter has seen a deep fall to 20.1 percent, continuing its downward trend from last quarter’s. TCS has reported attrition in Q3FY23 stood at 21.3 percent, a slight decline from […]

Apr 17, 2023

Industry

Cost-cutting measures by companies thread are incredibly funny?

Due to economic uncertainty, there have been many companies that have either laid off employees or they have taken cost-cutting measures. Recent IT top major, Meta has declined facilities including a lack of snacks and cereals at the office, as well as the elimination of free food services and other benefits. However, Meta is not […]

Apr 15, 2023

Industry

Letter of intent is not offer Capgemini to 2022 recruits

Due to economic uncertainty, many companies had delayed the onboarding of freshers. However, Capgemini did issue a Letter of intent to candidates. A multinational information technology services and consulting company, Capgemini informed campus recruits in 2022 that they will be onboarded sometime in 2023. Earlier, Capgemini also released a statement saying, “We understand your grievance. […]

Apr 15, 2023

Industry

Hiring slow down, TCS adds only 22,600 employees in FY23

The year 2023 started with the layoff note. The major IT companies have laid off employees, slowing the hiring process, and companies are cutting down the benefits of employees. Infosys has recently announced the results for the fourth quarter the company witnessed a 40% plus fall in net hiring during the fiscal year 2023 vs […]

Apr 14, 2023

Industry

Infosys Q4FY23, Total Headcount Dropped By 3,611

Infosys, a global leader in next-generation digital services and consulting, announced results for the fourth quarter and year ended March 31, 2023, on Thursday, April 13, 2023, around 3.45 p.m. Indian Standard Time (IST) (6:15 a.m. ET; 3:15 a.m. PST; 11:15 a.m. London time; 6:15 p.m. Singapore/Hong Kong time). Infosys Chief Financial Officer Nilanjan Roy said, “Our […]

Apr 14, 2023

Industry

Accenture is delaying onboarding for new-hire on top of job cuts

According to the reports of Livemint, An Irish-American professional services company, Accenture is delaying onboarding for new-hire and considering the start date of new hires. The reports further emphasized that the company’s recruiter apologized for the delay and said “The decision was made to create the best possible new joiner experience. One of the joiners affected by the […]

Apr 14, 2023

Industry

Job outsourced to India saved 40% cost, fully remote jobs at risk

There is potential risk employees face in asking to work remotely on a permanent basis, the company could outsource their job to India instead to save 40% in labour costs. Work from home has seen an increase during the Covid-19 pandemic however the jobs that could be completed fully remotely are at risk. Andrew Lokenaut […]

Apr 13, 2023

Industry

TCS Hired 22,600 Employees On Net Basis In FY23

Tata Consultancy Services (TCS) reported its consolidated financial results according to Ind AS and IFRS, for the quarter and full year ending March 31, 2023. The company added 22,600 employees during FY23. There has been a steep decrease as compared to its net addition in FY22. Milind Lakkad, Chief HR Officer, said: “As we grow the TCS […]

Apr 13, 2023

Industry

Google rolls back its COVID vaccine policy, Pichai on mass layoffs

Earlier Google had announced to elimination or reduction of several perks, including some of the company’s micro kitchens. This provided employees with free snacks like cereal, espresso, and seltzer water. The company was making changes in its companywide benefits as it seeks to reallocate funds and create cost-cutting measures. The company has suspended the provision of […]

Apr 12, 2023

Compensation

TCS & IT companies delay onboarding of freshers, cut variable pay

According to the reports to Business Today, IT companies including TCS, Wipro, and many others are facing an economic slowdown. The report also suggests that IT companies may still delay the onboarding of freshers candidates. The report also suggested that as far as the variable payouts are concerned they have been dull to date in […]

Apr 12, 2023