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: Aug 2022

Compensation

Infosys cuts average Variable Pay to for the first quarter

Aug 23, 2022

Ericsson acquires Vonage and appoints its CEO in executive team

Ericsson has completed its acquisition of Vonage Holdings Corp. Vonage, supporting Ericssons stra...

Industry

Jul 26, 2022

Latest news: Ericsson acquires Vonage and appoints its CEO in executive team - SightsIn Plus

Xceedance plans to expand in India, will hire over people

Insurance-focused technology services company Xceedance has announced that it is planning expansion ...

Hiring

Jun 17, 2022

Latest news: Xceedance plans to expand in India, will hire over people - SightsIn Plus

Wipro to hire more employees in Norway

Wipro Limited, a leading global information technology, consulting, and business process services co...

Hiring

Jun 15, 2022

Latest news: Wipro to hire more employees in Norway - SightsIn Plus

Industry

Mitsubishi Electric to establish a new factory in India

Mitsubishi Electric Corporation has announced that it will invest approximately 2.2 billion Indian rupees, or 3.1 billion yen, in its subsidiary Mitsubishi Electric India Pvt. Ltd. to establish a new factory in India for Factory Automation Control System Products. Expected to start operations in December 2023, the new factory will manufacture inverters and other factory […]

Jun 8, 2022

Hiring

Tata Projects offers Women Engineering Internship Program, try till June 4

One of the fastest-growing and most admired infrastructure companies in India, Tata Projects has announced its first-ever Women’s Engineering Internship Program for the best and the brightest. Announcing the program, Tata Projects said, “If you are a third-year student of B Tech / BE in Civil / Electrical / Mechanical Engineering & want to explore exciting […]

Jun 2, 2022

Industry

Post-COVID firms build diverse workforces & employee-centric policies

Companies have started coming up with different post-COVID policies and implementing them to reduce their attrition rate and build a diverse workforce. As many countries emerge from the Covid-19 pandemic, employees have gained significant influence over their employers, and their ‘wish list’ from potential employers is changing. In the post-COVID era, one of the major considerations […]

May 29, 2022

Industry

Zeta rolls out dynamic initiatives toward parental policy

Zeta, a modern banking tech unicorn has rolled out a slew of initiatives toward parental support and introduced employee-centric policies. The company is moving away from gender-based differentiation for parental leave and categorizing it on a birth basis. The modifications in the new policy are below. Firstly, The policy looks at the role of primary […]

May 11, 2022

Industry

P&G India to introduce ‘P&G ReLaunch program’ for STEM professionals

Procter & Gamble (P&G) has announced that it will introduce the ‘P&G ReLaunch program’ to welcome back talented professionals who took a break from the workforce and are looking to restart their careers in STEM roles. This program is part of the company’s commitment to strengthen diversity in STEM (Science, Technology, Engineering, and Mathematics) and […]

May 11, 2022

Industry

Infosys attrition rate rises sharply, adds nearly 22,000 employees in Q4FY22

Indian second-largest IT services provider, Infosys announced its Q4FY22 results yesterday and confirms that its attrition rate has risen sharply to 27.7% as compared to 25.5% in the previous quarter. The company has added nearly 22,000 employees in the fourth-quarter ending on March 31, 2022. The total headcount stood at 3,14,015 from 2,92,067 within the […]

Apr 14, 2022

Industry

Pernod Ricard India and TISS announce ‘Fellowship’ for Transgenders

Pernod Ricard India Foundation has announced its partnership with the Tata Institute of Social Sciences (TISS), and the Collective Good Foundation (CGF) to launch India’s first Academic-Corporate Fellowship Program for the transgender community. This program will systemically enable and focus on transpersons from underserved communities across India to craft their career paths in the corporate […]

Apr 13, 2022

Industry

Thousands of layoffs are planned as part of Novartis restructuring

Novartis AG has confirmed that it would cut jobs as part of a wide-ranging restructuring aimed at saving $1 billion by 2024. The Swiss healthcare company said that it would integrate its pharmaceuticals and oncology units into two medicines units–one for the U.S. and one that focuses on the international market. “These efficiencies will come […]

Apr 13, 2022

Industry

Ideas2IT Chennai-based IT firm gifts cars to 100 employees

A Chennai-based IT firm, Ideas2IT on Monday gifted as many as 100 cars to its employees for their constant support and unparalleled contributions to the company’s success and growth. Ideas2IT, an IT firm has gifted Maruti Suzuki cars to 100 employees. “We are gifting 100 cars to 100 of our employees who have been a part […]

Apr 13, 2022

Industry

TCS attrition continues to be high, Campus Hiring to be 40,000 in Q1FY23

India’s largest IT services provider, Tata Consultancy Services (TCS) for fiscal 2021-22 had added over 100,000 employees from campus but speaking about its attrition continued to be high. Commenting on the attrition, Management said that though on the LTM basis the numbers are high, on an incremental basis the numbers are coming down. “The 17.4 per cent is because […]

Apr 12, 2022

Industry

WFH Ends? Here’s how Tech Mahindra, HCL planning Work from Office

Here’s how Tech Mahindra, HCL Technologies, Cognizant India, and TCS are planning Work from Office With the steady decline in coronavirus cases, most companies in India and across the globe are calling back their employees to the office. However, some companies are trying to adopt hybrid work model, keeping the safety and security of their […]

Apr 12, 2022

Industry

Infosys, Rolls-Royce launch Aerospace Engg & Digital Innovation Centre

IT major, Infosys and Rolls-Royce, a leading industrial technology company have inaugurated their joint ‘Aerospace Engineering and Digital Innovation Centre’ in Bengaluru, India. This centre has been established to provide high-end research and development (R&D) services integrated with advanced digital capabilities to Rolls-Royce’s engineering and group business services from India. Infosys and Rolls-Royce’s collaboration has […]

Apr 11, 2022