Industry: HR News, Trends & Workplace Insights

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Updated on: Jun 2020

Industry

Zomato employees on protest against Chinese stake in firm

Jun 29, 2020

IBM to reduce office space by nearly half in India

IBM is planning to reduce its office space in India by half, as the work-from-home model gains popul...

Industry

Jun 19, 2020

Latest news: IBM to reduce office space by nearly half in India - SightsIn Plus

Capgemini partners Coursera to upskill employees

Capgemini Partners with Coursera to Upskill Employees and Promote a Culture of Lifelong Learning IT ...

Industry

Jun 11, 2020

Latest news: Capgemini partners Coursera to upskill employees - SightsIn Plus

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

TCG Lifesciences, leading contract research and manufacturing services company, plans to increase it...

Industry

Jun 9, 2020

Latest news: TCG Lifesciences releases full annual bonus to employees, plans to hire more - SightsIn Plus

Industry

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 to shut down the unit on 1 Jun 2020. After consideration of the above matter and detailed deliberations, the board of directors of the company has resolved to close the Sahibabad unit and the company informed the National Stock […]

Jun 3, 2020

Industry

Dixon Technologies plans to hire 2,500 in 9 months

Dixon Technologies plans to invest Rs 250 crore and hire 2,500 people in the next 8-9 months under Product Linked Incentive (PLI) Dixon Technologies plans to invest Rs 250 crore and hire 2,500 people in the next 8-9 months to expand operations to take advantage of the Product Linked Incentive (PLI) scheme. On April 1, the […]

Jun 3, 2020

Coronavirus

Here’s how Magicbricks has prepared itself for New Normal

“Hardships often prepare ordinary people for an extraordinary destiny.”–C.S. Lewis It is one and a half months, that we are all in this lockdown due to the Covid19 pandemic; and together we are coping well with this situation. At Magicbricks too, our teams are now used to this new way of work and life. We […]

May 28, 2020

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