News: HR News, Trends & Workplace Insights

Explore the latest News news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Nov 2024

Movement

Zee Entertainment Raises Performance Targets for CEO Punit

Nov 18, 2024

Indias IT Flexi Staffing to See Annual Growth till FY ISF

According to a recent report by the Indian Staffing Federation ISF, Indias IT flexi staffin...

Survey & Report

Nov 18, 2024

Latest news: Indias IT Flexi Staffing to See Annual Growth till FY ISF - SightsIn Plus

Ferns N Petals Strengthens HR Leadership with Abhishek Saklani

Ferns N Petals, has appointed Abhishek Saklani as Head Human Resources for its wedding, hosp...

Appointments

Nov 18, 2024

Latest news: Ferns N Petals Strengthens HR Leadership with Abhishek Saklani - SightsIn Plus

Coforge Hiring Drive Positions Across Diverse Domains

Coforge, formerly known as NIIT Technologies, is actively expanding its workforce in India by offeri...

Hiring

Nov 16, 2024

Appointments

Hyundai Motor Elevates José Muñoz to Chief Executive Officer

Hyundai Motor Company has announced the appointment of José Muñoz as its new Chief Executive Officer (CEO), effective January 1, 2025. José, who currently serves as the company’s Global Chief Operating Officer (COO) and CEO of Hyundai and Genesis Motor North America, will succeed Jaehoon Chang, who has been promoted to Vice Chair of Hyundai […]

Nov 16, 2024

Layoffs

Siemens to Cut Jobs to Streamline Operations and Cut Costs

Siemens AG, the German industrial giant, has announced plans to cut up to 5,000 jobs in its automation division. This decision comes in response to a significant downturn in the sector, driven by global economic challenges and a sharp decline in demand for automation solutions. The company’s CEO, Roland Busch, revealed the potential job cuts […]

Nov 16, 2024

Layoffs

General Motors Reduces Workforce by 1,000 to Save $2 Billion

General Motors (GM) has announced plans to lay off approximately 1,000 employees worldwide as part of a strategy to reduce fixed costs by $2 billion by the end of 2024. The layoffs, primarily affecting white-collar workers, were communicated to affected employees early Friday. The company confirmed the layoffs in a statement but provided few details. […]

Nov 16, 2024

Industry

PLI Scheme for Power Transmission Sector by End of FY25

To boost the power transmission sector, the Indian government is launching a Production Linked Incentive (PLI) scheme. This will be done by the end of the financial year 2025. The scheme aims to attract investment, enhance manufacturing capabilities, and ensure the efficient transmission of electricity across the country. Objectives and Expected Benefits of the PLI […]

Nov 16, 2024

Employment

TCS Walk-in Drive Across 5 Cities on November 23-24 – Register

Tata Consultancy Services (TCS), India’s largest IT services provider, is hosting walk-in recruitment events on November 23-24, 2024. The recruitment drive will take place at key locations including Hyderabad, Chennai, Kolkata, Indore, and Mumbai, offering a great opportunity for skilled professionals to explore exciting career prospects with one of the world’s leading IT firms. Positions […]

Nov 16, 2024

Layoffs

AMD Layoffs Part of Strategy to Compete with Nvidia in AI Chips

Advanced Micro Devices (AMD) has announced a significant restructuring plan, which includes cutting 4% of its global workforce, or approximately 1,000 employees, as the company shifts its focus towards the development of AI chips. This move is aimed at positioning AMD as a strong competitor to industry leader Nvidia in the rapidly growing AI chip […]

Nov 16, 2024

Employment

Wipro Walk-in Interview on 19th – 20th November 2024

India’s IT giant, Wipro is inviting candidates to join their walk-in interview for the BOA – Backend Operations (Non-Voice) role. In addition, Wipro is offering exciting career opportunities with over 1,000 open positions across domains in India countrywide. Wipro Hiring: BOA – Backend Operations (Non-Voice) Wipro invites candidates with 2-3.5 years of experience to join […]

Nov 16, 2024

Employment

Punjab New IT Policy: Creating 55,000 Jobs in Mohali

The Punjab government has announced a transformative Information Technology (IT) policy aimed at making Mohali the premier IT hub of North India. This ambitious initiative is projected to create around 55,000 job opportunities, significantly boosting the region’s economy and providing numerous career prospects for the local population. Vision and Strategy for Positioning Punjab as an […]

Nov 16, 2024

Employment

Callus Company Partners with Top Universities to Build Talent Pool

Callus Company, a South Korean startup focused on connecting young talent to global markets, has announced an ambitious plan. They aim to build a talent pool of 1,00,000 candidates in India by 2026. This initiative is part of the company’s broader strategy to empower Indian students and professionals. It aims to provide competitive salaries and […]

Nov 15, 2024

Appointments

Cholamandalam Investment Names Jeeva Balakrishnan as CHRO

Cholamandalam Investment and Finance Company Limited (Chola) has appointed Jeeva Balakrishnan as its new Chief Human Resources Officer (CHRO). This appointment is effective from November 2024, marking a significant milestone in Balakrishnan’s career. Role at Cholamandalam Investment & Finance In his new role as CHRO at Cholamandalam Investment & Finance, Jeeva will be responsible for […]

Nov 15, 2024

Appointments

DBS Bank India Prepares for Leadership Change: Surojit Shome to Retire

DBS Bank India Limited has announced that Surojit Shome, the Managing Director and Chief Executive Officer (MD & CEO), will be retiring on February 28, 2025. Surojit has been at the helm of DBS Bank India since April 2015 and has played a pivotal role in the bank’s growth and expansion in the Indian market. […]

Nov 15, 2024

Merger & Acquisition

Reliance-Disney: Three CEOs to Lead Joint Venture

Reliance Industries Limited and The Walt Disney Company have announced the completion of their merger, forming a joint venture (JV). This JV is valued at approximately ₹70,352 crore. This new entity will be led by three CEOs: Kevin Vaz, Kiran Mani, and Sanjog Gupta, each taking charge of different segments within the organization. Leadership Roles […]

Nov 15, 2024