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: Jul 2023

Industry

IT hiring to hit -yr low in FY, new graduates may face difficulties

Jul 25, 2023

Mahindra Group To Enable US Companies to Expand Global Manufacturing Footprint

As India ramps up efforts to revolutionize the global manufacturing and supply chain landscape, the ...

Industry

Jul 25, 2023

Latest news: Mahindra Group To Enable US Companies to Expand Global Manufacturing Footprint - SightsIn Plus

Elon Musk says X.com now points to twitter.com

Owner of Twitter Elon Musk has announced that the X.com URL will now be directed to the microbloggin...

Industry

Jul 24, 2023

Latest news: Elon Musk says X.com now points to twitter.com - SightsIn Plus

PM Modi to virtually distribute over , appointment letters

Prime Minister Shri Narendra Modi PM Modi will distribute more than , appointment letters to ...

Industry

Jul 21, 2023

Latest news: PM Modi to virtually distribute over , appointment letters - SightsIn Plus

Industry

Infosys, TCS, and Wipro net employee addition crashes across IT major

Indian IT services companies, Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech, reported their Q1 FY 2023-24. In total Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech have reduced the net employee addition by nearly 18000. HCL HCLTech attrition rate for the quarter remained at 16.3% from 19.5 % in the preceding March quarter of fiscal 2022-23. The company has 223,438 […]

Jul 21, 2023

Industry

Infosys headcount shrinks by 6,940 in Q1FY24, attrition dips

Infosys, a global leader in next-generation digital services and consulting reported its Q1FY24 results on Thursday. It has delivered $4,617 million in Q1 revenues with year-on-year growth of 4.2% and sequential growth of 1.0% in constant currency. Large deal TCV for the quarter was at $2.3 billion, with net new of 56.1%. Operating margin for […]

Jul 21, 2023

Industry

New Trends in Talent Acquisition in 2023

Talent acquisition deals with developing, implementing, and evaluating programs for sourcing, recruiting, hiring, and orienting talent. The Covid 19, remote working, and now implementation of Artificial intelligence (AI) have set new trends in talent acquisition in 2023. Deepanshu Anand, Leader- Internal hiring & Global onboarding at Ericsson has shared a LinkedIn post sharing the latest […]

Jul 20, 2023

Industry

Why is Google restricting internet access to 2,500 employees?

An American multinational technology company, Google is starting a new pilot program restricting some of its employees to use internet-free desktops. A Google spokesperson in an emailed statement said, “Ensuring the safety of our products and users is one of our top priorities,”. “We routinely explore ways to strengthen our internal systems against malicious attacks”, […]

Jul 19, 2023

Industry

MIT is offering free online courses; Check details here

A coeducational, privately endowed research university, Massachusetts Institute of Technology (MIT) is offering multiple free online courses. MITx Courses MITx courses embody the inventiveness, openness, rigor, and quality that are hallmarks of MIT, and many use materials developed for MIT residential courses in the Institute’s five schools and 33 academic disciplines. Massachusetts Institute of Technology […]

Jul 19, 2023

Industry

TCS plans to hire 40,000 freshers in FY24

India’s largest IT giant, Tata Consultancy Services (TCS) plans to hire around 40,000 freshers this financial year. Hiring will be slightly below that in FY23, TCS has onboarded over 44,000 freshers in FY23 and its highest-ever number of experienced professionals. TCS CHRO said, “Hiring will be on the lower side, but that doesn’t mean that we are going […]

Jul 19, 2023

Industry

Income Tax India update on linking PAN with Aadhaar

Income Tax India has recently shared a tweet through the official Twitter handle on linking PAN with Aadhaar. The Income Tax India tweet said, “Dear Taxpayers, Concerns have been raised by certain NRIs/ OCIs regarding their PANs becoming inoperative, although they are exempted from linking their PAN with Aadhaar.” “Further, PAN holders, whose PANs have […]

Jul 19, 2023

Industry

Pune-based company lost Rs 22 lakh in an email scam

According to the reports of India Today, a Pune-based engineering company has lost 24,000 EUROS approximately more than Rs 22 lakh in an email scam. An FIR in the case was registered at Wanawadi police station last week by the founder and CEO of the Pune-based firm. Pune Police is investigating the case. The cybercriminals used a method known […]

Jul 18, 2023

Industry

TCS starts onboarding laterals after fast-tracking verification

IT giant, Tata Consultancy Services (TCS) starts onboarding some of the lateral hires whose onboarded was earlier delayed for 3 months, from July to Oct this year. According to reports of TOI, In an email to the employees the company said, “As you commence your new journey, we are glad to invite you to attend the […]

Jul 18, 2023

Industry

Tata Technologies launches InnoVent for Engineering Students, register

Tata Technologies, a global engineering and product development digital services company, announced the launch of Tata Technologies InnoVent, an innovation platform that provides young engineering students In India. It will train, mentor and recognize the best project teams, assisting them in realizing their full potential. If you’re a bold, creative thinker with a passion for innovation, the hackathon offers the […]

Jul 18, 2023

Industry

Nearly one-third of HDFC Bank employees left in fiscal year 2023

An Indian banking and financial services company, HDFC Bank nearly one-third of its employees have left in fiscal year 2023. The Bank’s attrition rate is at around 30 percent. Additionally, for a few levels above the entry-level, the attrition rate is between 20 to 30 percent. The bank has witnessed the highest attrition at the […]

Jul 18, 2023

Industry

PwC to TCS top scams that hit the companies in 2023; Check here

According to reports, Around 66% of Indian companies have experienced at least one instance of economic crime and scams in the past two years, with the covid-19 pandemic prompting a significant increase in platform fraud. In 2023 companies have been layoffs, Hiring freezes, and apparently, scams also hit the companies. Here is the list of […]

Jul 17, 2023