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: Jun 2020

Industry

TCG Lifesciences releases full annual bonus to employees, plans to hire more

Jun 9, 2020

Atlas Cycles shuts down Sahibabad unit, laid off all workforce

After years of losses incurred from its Sahibabad factory in Uttar Pradesh, Atlas Cycles has decided...

Industry

Jun 3, 2020

Latest news: Atlas Cycles shuts down Sahibabad unit, laid off all workforce - SightsIn Plus

Dixon Technologies plans to hire , in months

Dixon Technologies plans to invest Rs crore and hire , people in the next - months under P...

Industry

Jun 3, 2020

Latest news: Dixon Technologies plans to hire , in months - SightsIn Plus

Heres how Magicbricks has prepared itself for New Normal

Hardships often prepare ordinary people for an extraordinary destiny.C.S. Lewis It is one a...

Coronavirus

May 28, 2020

Latest news: Heres how Magicbricks has prepared itself for New Normal - SightsIn Plus

Coronavirus

After Twitter, Square Inc announces permanent WFM policy

After twitter, Square Inc. also announces permanent work from home policy Jack Dorsey founded a mobile payments company, Square Inc. has recently announced its permanent work from home policy for most of the employees. The recent announcement comes just a week after Twitter CEO and Co-founder Jack Dorsey did the same for Twitter employees. A […]

May 28, 2020

Coronavirus

Cognizant offers the voluntary separation package for US employees

Cognizant Technology Solutions has announced a voluntary separation package (VSP) for its US employees. The Coronavirus crisis has pushed many companies to take tough decisions, with the same line, Cognizant is laying off employees without active projects. The Company is offering a voluntary separation package for US employees who move to the bench between May […]

May 27, 2020

Industry

Raymond has fired hundreds of employees, since February

Textiles and apparel major Raymond has fired hundreds of employees across the board, since February. The company had started the process due to varied reasons like the group company’s mounting debts, the slowing down of the economy, and the last hammer to the coffin was the COVID-19 crisis. It was found that the company not […]

May 27, 2020

Coronavirus

Nokia shuts plant in TN after 42 test positive for Coronavirus

Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after some employees tested positive for Covid-19. Nokia did not disclose how many workers at the plant in Sriperumbudur in Tamil Nadu tested positive, but a source familiar with the matter said they were at least […]

May 27, 2020

Industry

Lakshya Digital to hire 12-15% more workforce in India

Lakshya Digital, India’s leading Game Art Services companies, has announced that it will be hiring 12-15% more employees over the next 1 year amidst COVID-19. This increase in hiring is due to the new business in the last couple of months. Currently, Lakshya Digital has a team of about 500 people and plans to hire […]

May 26, 2020

Coronavirus

Tata Group top execs to take up to 20% salary cut

Tata Group top execs to take up to 20% salary cut in an effort to conserve cash For the first time in the Tata Group’s history, Tata Sons chairman N Chandrasekaran and Tata Group companies’ chief executive officers (CEOs) will take around a 20 percent compensation-cut in an effort to reduce the cost to tide over […]

May 25, 2020

Coronavirus

An employee at Maruti plant tests positive for Covid-19

An employee at Maruti Suzuki’s Manesar plant has tested positive for COVID-19, according to a company spokesperson. The company is also looking at “a possibility of a second case” of infection at the facility but has ruled out any impact on the business part due to the situation. The country’s largest carmaker, Maruti Suzuki India […]

May 24, 2020

Industry

Lava plans to shift production to India from China

On Prime Minister Narendra Modi’s call “Local ke liye Vocal“, Lava on Saturday, 16 May announced to shift its entire mobile R&D, design and manufacturing for the export market from China to India within next six months, announcing to invest overall nearly Rs 800 crore in the due course of time. According to a report […]

May 16, 2020

Industry

More VP and SVP levels exit at Cognizant

IT Major Cognizant is seeing another churn among senior executives. Several senior vice-presidents (SVPs) and vice-presidents (VPs) have resigned recently from the company. According to the TOI report, among these are Jaideep Poondir, SVP in the banking and financial services vertical, Rajesh Balaji, SVP, and delivery head of enterprise application services practice, and Vinayambika Kidiyur, […]

May 15, 2020

Industry

TCS to build two new facilities in Pune and Noida, expected to accommodate over 50,000 employees

Despite announcing last month that it would let 75% of its employees work from home by 2025, Tata Consultancy Services, Tata Consultancy Services (TCS) is seeking approval to develop two new IT parks of five million sqft as well as lease an additional one million sqft. IT major TCS is planning to set up an […]

May 15, 2020

Coronavirus

Tata Motors resumes operations at two plants, Pantnagar and Sanand

Tata Motors on Wednesday said it has commenced operations at its Pantnagar (Uttarakhand) and Sanand (Gujarat) facilities after getting approvals from relevant government authorities. The other plants in Lucknow (Uttar Pradesh), Dharwad (Karnataka), Jamshedpur (Jharkhand) and Pune (Maharashtra) are in final stage of readiness and expect to begin production over the next few days, Tata […]

May 15, 2020

Industry

Infosys returns back to offices with 5% of its staff

Bengaluru-based information technology (IT) major Infosys Ltd is reopening its offices in a staggered manner, with necessary precautions like temperature checks, sanitized office vehicles, alternate seating arrangements in official transport, & compulsory masks, etc. Infosys confirmed in a tweeted on 7 May “As lockdowns begin to ease across India, our CEO Salil Parekh, along with […]

May 11, 2020