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: Sep 2021
Ford Motor to cease local production in India, shut down both plants
Industry

Ford Motor to cease local production in India, shut down both plants

According to a Reuters report, Ford Motor Co. will stop making cars in India and shut down both of its plants in the country, two sources told Reuters, becoming the latest automaker to exit the market. Ford made the decision as it was not profitable for them to continue, said one of the sources, adding […]

Read Story
Axis Bank Diversity Charter to Empower Employees, Clients
Industry

Axis Bank Diversity Charter to Empower Employees, Clients

Axis Bank Limited, Indian banking, and financial services company has announced several HR measures, policies, and practices that are favourable for its customers and employees from the LGBTQIA community. The company’s efforts are aiming to encourage “diversity, equity, and inclusion” in its work environment. Axis Bank said in a statement that its policies will ensure […]

Read Story
Zomato shuts down its Singapore and UK-based subsidiaries
Industry

Zomato shuts down its Singapore and UK-based subsidiaries

According to a stock exchange filing report, Food delivery firm Zomato has decided to shut down its Singapore and United Kingdom (UK)-based subsidiaries. The company already got listed in India in the month of July this year, has noted that both these entities; Singapore-based Zomato Media Private Limited (ZMPL) and UK-based Zomato UK Limited (ZUL) […]

Read Story
TCS invites registrations for TCS IT Wiz – 2021 a Digital Quiz Program
Industry

TCS invites registrations for TCS IT Wiz – 2021 a Digital Quiz Program

Tata Consultancy Services announces TCS IT Wiz – 2021, a digital quiz program for inter-school students. It is a unique platform that provides young participants the opportunity to enhance their learning and knowledge in an out-of-classroom environment. Elaborating this mega program, Milind Lakkad, EVP, and CHRO Tata Consultancy Services said, “TCS, the growth and transformation […]

Read Story
Citco opens office in Hyderabad, will hire more than 1,200 employees
Industry

Citco opens office in Hyderabad, will hire more than 1,200 employees

The Citco group of companies (“Citco”), the global alternative investment assets servicer with $1.5 trillion in assets under administration, has announced the launch of a new office in Hyderabad as part of its ongoing expansion in India. The Hyderabad office plans to hire more than 1,200 employees over the next two years and will operate […]

Read Story
LG Display to create 10,000 jobs in Vietnam
Industry

LG Display to create 10,000 jobs in Vietnam

Vietnam has awarded a Licence to South Korea’s LG Display that will see it raise its investment in the northern port city of Haiphong by $1.4 billion, the city’s People’s Committee said on Tuesday. The investment will boost the company’s OLED display output at the Haiphong factory to 13 million to 14 million units per month, from the current 9.6 million […]

Read Story
Google delays office return until January next year, CEO Sundar Pichai
Industry

Google delays office return until January next year, CEO Sundar Pichai

Alphabet Inc-owned Google is extending its voluntary return-to-office policy through January next year, CEO Sundar Pichai said on Tuesday, citing uncertainty caused by the COVID-19 pandemic in many parts of the world. The rapid spread of the highly contagious Delta coronavirus variant is also making companies reconsider their mask mandates and vaccination policies. “Beyond January 10, we will enable […]

Read Story
Wipro is rolling out salary hikes from September 1, 2021
Industry

Wipro is rolling out salary hikes from September 1, 2021

There is good news for the employees of Bengaluru-based IT major, Wipro. As announced in the month of June this year, the company is rolling out a second salary hike of the year for its employees from 1 September 2021. According to the company statement “Wipro will initiate merit salary increases (MSI) for all eligible […]

Read Story
Wipro’s new Rewards & Benefits programs to retain its employees
Industry

Wipro’s new Rewards & Benefits programs to retain its employees

Recently in an Interview with SightsIn Plus, Saurabh Govil, President and CHRO, Wipro Ltd said that Attrition has always been a concern for the industry however now we are witnessing an unprecedented war for talent. He added, “We look at attrition at different levels. One level is the point at which attrition is happening and […]

Read Story
Alibaba fires 10 for leaking sexual assault accusations
Industry

Alibaba fires 10 for leaking sexual assault accusations

Alibaba Group Holding Ltd dismissed 10 employees for publicizing a female colleague’s account of sexual assault allegations against a former manager, Bloomberg News reported on Monday, citing people familiar with the matter. The company fired the 10 employees for sharing screenshots of the woman’s post in the public domain after removing watermarks that bore their IDs, the Bloomberg report said, […]

Read Story
Tata Steel to invest Rs 3,000 crore in Jharkhand, looking for expansion
Industry

Tata Steel to invest Rs 3,000 crore in Jharkhand, looking for expansion

Domestic steel giant Tata Steel on Saturday expressed commitment to invest Rs.3,000 crore in Jharkhand in the next three years to augment capacities. The commitment was made at the launch of the Jharkhand Industrial and Investment Promotion Policy (JIIPP) 2021 here, launched by Chief Minister Hemant Soren. The Jharkhand government aims to facilitate investment to […]

Read Story
Kia workers OK wage deal without strike for 1st time in 10 years
Industry

Kia workers OK wage deal without strike for 1st time in 10 years

Seoul: Unionised workers at Kia, South Korea’s second-biggest carmaker, have voted to accept the company’s wage proposals without a strike for the first time in a decade. Kia said 68 percent of 26,945 workers voted in favor of wage offers that include an increase of 75,000 won ($64.30) in monthly basic pay, two months of wages in performance-based pay, […]

Read Story