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: May 2023
IBM to pause hiring, plans to replace 7,800 jobs with AI
Industry

IBM to pause hiring, plans to replace 7,800 jobs with AI

IBM is planning to freeze the hiring for certain positions. The company expects that nearly 7,800 jobs could be replaced by artificial intelligence (AI). CEO Arvind Krishna has specified that hiring specifically in back-office functions such as human resources will be suspended or slowed. The company aspects that 30% of non-customer-facing roles could be replaced […]

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IIM Ahmedabad offers free online courses, Check Details
Industry

IIM Ahmedabad offers free online courses, Check Details

The Indian Institute of Management Ahmedabad (IIM-A) is inviting applications for free online courses. IIM Ahmedabad Course of Leadership Skills This course provides a foundation for leadership practice and aims to take you on a journey of self-discovery. You will also gain insight into building inner stability and develop your leadership skills. The course builds […]

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Formidium implements 14-days notice period across all levels
Industry

Formidium implements 14-days notice period across all levels

A global fund administrator, Formidium has implemented a 14-day notice period across all levels in its India Office. The policy is effective from April 2023. The decision comes when major companies make employees sign contracts with a notice period of up to 90 days and also impose a clause of not joining the competitor companies. […]

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ED conducts searches at Byju’s over alleged FEMA violations
Industry

ED conducts searches at Byju’s over alleged FEMA violations

The Enforcement Directorate (ED) has conducted searches at the Bengaluru-located residence and offices of Edtech major Byju’s CEO Raveendran Byju in connection with the Foreign Exchange Management Act (FEMA) violations. What is Foreign Exchange Management Act (FEMA)? It is a set of regulations that empowers the Reserve Bank of India to pass regulations and enables […]

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Wipro official says Over 90% of freshers opt for lower salary option
Industry

Wipro official says Over 90% of freshers opt for lower salary option

According to livemint reports, An Indian multinational corporation, Wipro to fast-track onboarding more than 90% of the freshers have accepted lower salary options. Jatin Dalal, chief financial officer at Wipro said, “The next-gen associates were given both the options and 92% of the campus hires chose to join Wipro at the original offer.” Wipro has reduced the […]

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Wipro HR head on onboarding delay- Sadly we’re being targeted
Industry

Wipro HR head on onboarding delay- Sadly we’re being targeted

Wipro Global Chief Human Resources Officer Saurabh Govil has spoken about the hiring plans and freshers controversy. In an interview with Moneycontrol, regarding the delay in onboarding process, Wipro CHRO didn’t specify any date but said that the company will be doing it in a phased manner. He added, “It’s unfortunate that we are being […]

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This company gifts Apple iPad to each of its 21,000+ employees
Industry

This company gifts Apple iPad to each of its 21,000+ employees

Coforge Limited, a leading global IT solutions organization, announced its audited financial results for the quarter and year ending March 31, 2023. The Company reported a strong performance exceeding its full-year revenue growth guidance and expanding profitability in the last quarter. Coforge Crosses the US$ 1 billion Revenue Milestone to celebrate the same the company […]

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Wipro total headcount down by 1,823, attrition eased to 14.1% in Q4
Industry

Wipro total headcount down by 1,823, attrition eased to 14.1% in Q4

Wipro Limited, a leading technology services and consulting company, announced its financial results for the fourth- quarter ended on March 31, 2023. Thierry Delaporte, CEO and Managing Director, said, “We closed FY23 with the strongest-ever bookings recorded in a year. We delivered two consecutive quarters of total bookings of over $4.1 billion. Our large deal […]

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Mukesh Ambani Gifts Property Worth Rs 1500 Crore to Employee
Industry

Mukesh Ambani Gifts Property Worth Rs 1500 Crore to Employee

As India’s richest person Mukesh Ambani has gifted his Longtime Employee Manoj Modi a new home worth Rs 1500 crore. Manoj Modi and Mukesh Ambani have been friends since their time studying together at Mumbai’s University Department of Chemical Technology. A well-known saying, “Hard work always pays off, whatever you do” has been true for Manoj Modi. […]

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KPMG India invites applications for MasterCamp in HRM, last date Apr 28
Industry

KPMG India invites applications for MasterCamp in HRM, last date Apr 28

A multinational professional services network, and one of the Big Four accounting organizations, KPMG in India and Masters’ Union have collaborated for providing training in Human Resources. KPMG and Masters’ Union are committed to promoting the continued professional development of HR professionals in India as there are requirements for flexible working, Reskilling, Upskilling, and Digital Transformation. […]

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Infosys to Leverage AI to Create Digitally Connected Employee Experiences
Industry

Infosys to Leverage AI to Create Digitally Connected Employee Experiences

Infosys, a global leader in next-generation digital services and consulting, announced that it signed a Memorandum of Understanding (MoU) with Aramco, one of the world’s leading integrated energy and chemicals companies, to collaborate on accelerating their human resource (HR) technology. Together, Infosys and Aramco aspire to bring new insights to HR data and analytics; scale the […]

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