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 2024
Budget 2024 Expectations From Industry Leaders
Industry

Budget 2024 Expectations From Industry Leaders

On February 1, 2024, Honorable Union Finance Minister Nirmala Sitharaman will present an interim budget for 2024-25 in Parliament, effective from April 1, 2024. However, the new government will present the full Budget in July 2024. Here are a few Budget 2024 expectations from the Industry Leaders. Srinivasa Bharathy, CEO & MD, Adrenalin eSystem- Pioneer […]

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BP announces new centre in Pune to employ over 400 people
Industry

BP announces new centre in Pune to employ over 400 people

British Petroleum (BP) has announced plans to set up Technical Solutions India (BP TSI) – a major new centre for its global technical and engineering expertise – in Pune, India. The centre will build on bp’s existing engineering and technical strengths to deliver high-quality services to its hydrocarbons and new energy businesses worldwide. The centre is […]

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Cognizant is on Hiring Spree, explore WFO/ WFH jobs in India
Hiring

Cognizant is on Hiring Spree, explore WFO/ WFH jobs in India

An American multinational information technology services and consulting company, Cognizant is hiring for various roles including Work-from-home (WFH) and Hybrid Jobs. The company plans to continue campus hiring, with strong momentum in large deal bookings, despite the seasonal softness expected in the fourth quarter. Though IT giants like TCS, Infosys, and Wipro have reported a drop in […]

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TCS plans to train the entire workforce with Generative AI skills
Industry

TCS plans to train the entire workforce with Generative AI skills

A global leader in IT services, consulting, and business solutions company, Tata Consultancy Services (TCS) has aimed to train the entire workforce with Gen AI skills. Siva Ganesan, head of the company’s recently established ‘AI.Cloud’ unit told PTI that the business, which had previously revealed that it was working on 250 projects utilising generative AI, […]

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Capgemini to train 30,000 employees in AWS advanced technology
Industry

Capgemini to train 30,000 employees in AWS advanced technology

A French multinational information technology services and consulting company, Capgemini has announced the signing of a multi-year strategic collaboration agreement with AWS, designed to accelerate the adoption of generative AI solutions and technologies amongst organizations of all sizes. Through this collaboration, Capgemini and AWS are focused on helping clients realize the business value of adopting generative AI, while navigating […]

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PwC’s UK Boss to young employees, AI may replace you, WFO 4-5 days a week
Industry

PwC’s UK Boss to young employees, AI may replace you, WFO 4-5 days a week

According to TOI report, the second-largest professional services network company, PricewaterhouseCoopers (PwC) UK Chair Kevin Ellis has advised the young employees to work from office 4-5 days a week otherwise, ‘AI may replace you’. PwC UK chair Kevin Ellis also said that the AI is “replacing tasks that used to be training grounds for our junior staff.” Kevin […]

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Cognizant unveils Gen AI empowering employees to innovate
Industry

Cognizant unveils Gen AI empowering employees to innovate

An American multinational information technology services and consulting company, Cognizant has announced its collaboration with Microsoft on the launch of the Innovation Assistant. This is a generative AI-powered tool built on Microsoft Azure OpenAI Service which will augment Cognizant’s internal innovation program, Bluebolt. Cognizant is dedicated to maintaining the highest standards for responsible and ethical […]

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HCLTech will continue hiring for Q4, says Chief People Officer
Industry

HCLTech will continue hiring for Q4, says Chief People Officer

A leading global technology company, HCLTech added 3617 employees in Q3 and its Total Headcount stood at 224,756. Moreover, the company’s attrition (LTM) rate for the quarter moderated further to 12.76% from 14.2% in Q2 FY24 and 21.7% YoY. According to the reports published by ET, HCLTech will continue hiring for Q4 to have a […]

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IIT is providing an Edge computing free course; Apply Here
Industry

IIT is providing an Edge computing free course; Apply Here

IIT is providing a course that will cover the fundamentals of Edge computing and its applications in low latency and critical real-time computing scenarios. The course brings in the theory of Edge computing, focusing on it as a complementary approach that addresses some of the limitations of cloud computing. The course will cover applications where […]

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Wipro, TCS, Infosys headcount decreased by over 16000 in Q3
Industry

Wipro, TCS, Infosys headcount decreased by over 16000 in Q3

The IT major companies including Wipro, TCS, and Infosys headcount decreased by over 16000 in Q3. The only IT company, HCL Tech has seen a positive headcount addition. Earlier the IT major companies, TCS, Infosys, Wipro, and HCLTech announced their Q2FY24 results showing a headcount reduction of 21177. Wipro has announced Q3 financial results under International […]

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TCS CHRO explains why freshers are hired at low salaries
Industry

TCS CHRO explains why freshers are hired at low salaries

The information technology (IT) services and consulting company, TCS chief human resources officer (CHRO) Milind Lakkad has explained why freshers are hired at low salaries. However, as there has been rising inflation and on the other hand there has been growth in the Indian IT sector but the fresher’s salaries have remained around Rs. 3-4 lakh per […]

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IBM to foster opportunity & nurture dynamic workforce in Gujarat
Industry

IBM to foster opportunity & nurture dynamic workforce in Gujarat

An American multinational technology corporation, IBM and the Commissionerate of Technical Education (CTE Gujarat) of the Government of Gujarat, has collaborated through a Memorandum of Understanding (MoU) to bolster technical and professional education in Gujarat. Speaking about the collaboration with IBM, Shri Dharmendra Pradhan, Union Minister of Education and Skill Development and Entrepreneurship said, “Driven […]

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