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
Infosys headcount crashed by 6,101: the firm may skip hiring
Industry

Infosys headcount crashed by 6,101: the firm may skip hiring

Yesterday, January 11, IT giant Infosys announced its Third Quarter results for the financial year 2023-24. Key highlights Commenting on the Q3FY24, Salil Parekh, CEO & MD at Infosys said, “Our performance in Q3 was resilient. Large deal wins were strong at $3.2 billion, with 71 per cent of this as net new, reflecting the relevance […]

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Quess Corp partners Depart. of GTU for Skill Development & Employment Generation
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Quess Corp partners Depart. of GTU for Skill Development & Employment Generation

Quess Corp, India’s leading business solutions provider, has announced that it has signed a Memorandum of Understanding (MoU) with the Department of Gujarat Technical University. Guruprasad Srinivasan, ED & CEO, of Quess Corp, said, “This is also how our government, industry, and academia can come together to bridge the skill gap and create a talent […]

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TCS to hire from college campuses and grow talent organically
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TCS to hire from college campuses and grow talent organically

IT major Tata Consultancy Services (TCS) on Thursday reported its third quarter results ending on December 31, 2023. Key Highlights N Ganapathy Subramaniam, Chief Operating Officer, and Executive Director said, “The quarter saw us make significant progress in many projects of national importance, demonstrating our execution strength. Our products and platforms had a strong quarter […]

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IT Sector Sees Further 21% Decline In Hiring In India
Industry

IT Sector Sees Further 21% Decline In Hiring In India

According to the Naukri JobSpeak Index Report, There has been a decline of 21 percent during the hiring in the IT sector during December 2023 against the same month last year and a fall of 4 percent compared to the preceding month of November 2023 while hiring in AI jobs is growing. Generative AI has revolutionized industries, […]

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Tata Starbucks to Double Employment in India by 2028
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Tata Starbucks to Double Employment in India by 2028

Tata Starbucks Private Limited has announced its ambition of operating 1,000 stores in India by 2028 or one new store opening every three days. The strategy focuses on skilling local partners for jobs, opening new stores that serve customers with an elevated experience, and promoting Indian-origin coffee to Starbucks customers around the world. To achieve […]

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Microsoft India to skill 1 Lakh developers in AI technologies & tools
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Microsoft India to skill 1 Lakh developers in AI technologies & tools

An American multinational technology corporation, Microsoft has announced the launch of an initiative called ‘AI Odyssey’ that aims to skill 100,000 developers in India in the latest AI technologies and tools. The program offers comprehensive learning experience that helps developers acquire and demonstrate the relevant skills needed to execute critical projects using AI technologies that […]

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CIL Enters MoU with National Skill Development Corporation
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CIL Enters MoU with National Skill Development Corporation

Coal India Limited (CIL) has entered into a Memorandum of understanding (MoU) with the National Skill Development Corporation (NSDC) for the “Setting up of Multi Skill Development Institutes (MSDIs)”. As agreed in the Memorandum of Understanding (MoU), one MSDI will be set up in each subsidiary with CCL, BCCL, MCL, NCL & SECL covered in […]

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IIT Madras and Sony India launch Free Training Programme; Apply
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IIT Madras and Sony India launch Free Training Programme; Apply

Indian Institute of Technology Madras (IIT Madras) Pravartak Technologies Foundation in collaboration with Sony India Software Center Private Limited is selecting students for a Finishing School Training Program to impart industry-ready skills in tech skill areas. The Training will be given in select areas such as AI/ML, Product Security, and Computer Graphics. All interested students […]

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RCG Global Services gets ex-Mphasis Satish Rajarathnam as Head- People & Admin
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RCG Global Services gets ex-Mphasis Satish Rajarathnam as Head- People & Admin

A global digital solutions provider, RCG Global Services has announced the appointment of Satish Rajarathnam as Head of People & Administration. In this role, Satish will be responsible for driving global people processes across the organization, designing & implementing enterprise-level transformation programs, organization design & culture. He will also be developing future-ready workforces, employee experience, […]

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IBM CHRO Nickle LaMoreaux – AI will be replacing only few jobs
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IBM CHRO Nickle LaMoreaux – AI will be replacing only few jobs

As per LinkedIn Bio, IBM Chief Human Resources Officer, Nickle LaMoreaux in an interview with Money Control said that AI will be replacing very few Jobs. The statement follows when Earlier in May 2023, IBM was planning to freeze the hiring for certain positions that AI can do. The company expects that nearly 7,800 jobs […]

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Wipro Vs eX-CFO Jatin Dalal: Court refers the case to Arbitration
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Wipro Vs eX-CFO Jatin Dalal: Court refers the case to Arbitration

An Indian multinational corporation, Wipro, and its former Chief Financial Officer (CFO) Jatin Dalal who has joined Cognizant as Chief Finacial officer will engage in Arbitration as per the order of the Bengaluru Civil Court to resolve the disagreement. The hearing was scheduled for January 3. The order said, “I.A.No.4, filed by the defendant under Sec.8(2) […]

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IIT Madras targets incubating 100 start-ups in 2024
Industry

IIT Madras targets incubating 100 start-ups in 2024

Indian Institute of Technology Madras (IIT Madras) is targeting incubating at least 100 start-ups across various sectors next year, in 2024. The IIT Madras Incubation Cell (IITMIC) is the institute’s umbrella body for nurturing, supporting, and overseeing various innovation and entrepreneurship projects. Prof. V. Kamakoti, Director, IIT Madras, said, “In the past year, we took […]

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