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: Feb 2023

Industry

IT companies to layoff freshers who fail to screen tests

Feb 11, 2023

Webandcrafts awards its employee with a Mercedes Benz

Even after many companies like Google and Amazon are laying off many employees, Webandcrafts awards ...

Industry

Feb 11, 2023

Latest news: Webandcrafts awards its employee with a Mercedes Benz - SightsIn Plus

India needs million digitally skilled professionals by

According to reports, India needs million digitally skilled professionals by . Additionally, ...

Survey & Report

Feb 11, 2023

Latest news: India needs million digitally skilled professionals by - SightsIn Plus

Ericsson is hiring for various roles in India, Apply Here

A Swedish multinational networking and telecommunications company, Ericsson is hiring for various pr...

Hiring

Feb 10, 2023

Layoffs

Yahoo to lay off 20% staff as it aims to restructure ad tech division

An American multinational technology company, Yahoo is planning to sack more than 20% of its total workforce by end of the year. This is part of a major restructuring of its ad tech division. The Job cuts will impact 1,000 employees this week. However, the company is planning to layoff 50% of Yahoo’s ad tech employees by the end […]

Feb 10, 2023

Survey & Report

Infosys Study on Reskilling, Talent Diversity, Digital Tool Automation

According to the report, up to $1.4 trillion in revenue and $282 billion in new profit could be generated through digital tools automation, diversifying talent pool, and improving skills development amongst employees. Infosys, a global leader in next-generation digital services and consulting unveiled a global research report titled ‘Future of Work 2023’. The report highlights […]

Feb 10, 2023

Layoffs

TikTok fires its entire India team

According to the ET reports, a short-form video hosting service, TikTok has fired its entire India team. The company has fired 40 people. The move came almost after three years TikTok was banned in India. The app was banned in India along with 300 other Chinese apps over national security issues. The employees that were working […]

Feb 10, 2023

Industry

Nokia extends manufacturing of fiber broadband equipment in India

Nokia today announced that it will extend manufacturing PON optical line terminals (OLTs) at its factory in Sriperimbudur near Chennai, India. The decision comes in response to increasing demand from local customers in India, as well as international markets. Shifts in consumer behavior, from home working to data-rich entertainment services, are driving demand for broadband. […]

Feb 9, 2023

EPFO

PF withdrawal rule changed: Rule for PF amount, filing ITR

The rule for Provident Fund (PF) withdrawal is changed for non-PAN cases. The new rule is applicable if money is withdrawn before five years of the account opening for non-PAN holders. In addition to this, the whole withdrawal amount will remain taxable and PF contributions above Rs.2.5 lakhs per annum would also remain taxable. The Honorable Union […]

Feb 9, 2023

Hiring

American Express is hiring for various profiles including hybrid Jobs

An American multinational financial services corporation, American Express is hiring for various profiles including hybrid Jobs. Commenting on the hiring process the company said, “At #TeamAmex, our colleagues do challenging, purposeful work across a wide range of impactful roles.” “From reimagining how payment products can push the world forward, to providing insights and experiences that […]

Feb 9, 2023

CHRO Move

Apple names its first-ever Chief People Officer

An American multinational technology company, Apple has named Carol Surface as Chief People Officer. She is Apple’s first-ever Chief People Officer. Carol Surface has been named to the new role and will be taking over the human resources duties from Deirdre O’Brien, who will continue in her role as head of retail. Apple is removing […]

Feb 9, 2023

Layoffs

Disney to layoff 7,000 employees to make business more profitable

An American multinational, mass media and entertainment conglomerate, Disney will layoff 7,000 employees to make business more profitable. The layoffs represent an estimated 3.6% of the company’s global workforce. The effort of the company is to save $5.5 billion in costs and make its streaming business profitable. The company shifts its focus to its core brands and […]

Feb 9, 2023

Industry

Fiancé got sacked by Microsoft: Woman asks “Marry him or not”?

The major companies laid off employees including Infosys, Amazon, Google, Microsoft, Byju’s, Wipro, and Salesforce laid off a maximum number of workers globally. According to trueup.io, so far in 2023, Stay up-to-date on the latest layoffs across big tech, tech unicorns, and startups. So far in 2023, there have been 379 layoffs at tech companies with 113,082 people impacted (3,056 people per day). In 2022, […]

Feb 8, 2023

Industry

PLI scheme attracted Rs 45,000 cr investment, created 3 lakh jobs

Earlier, Hon’ble Finance Minister, Smt Nirmala Sitharaman had announced an outlay of INR 1.97 Lakh Crores for the Production Linked Incentive- PLI Scheme across 14 key sectors, to create national manufacturing champions and to create new jobs. The sectors included automobiles and auto components, white goods, pharma, textiles, food products, high-efficiency solar PV modules, advanced chemistry cells […]

Feb 8, 2023

Industry

RBI raises repo rate by 25 basis points to 6.5% from 6.25%

The health of the Indian Banking sector, the Reserve Bank of India (RBI) recently raised the repo rate by 25 basis points to 6.5% from 6.25%. The announcement was made by the Governor of Reserve Bank of India Shaktikanta Das. What is RBI raises Repo Rate (RR)? Repo Rate (RR) is the rate at which the Reserve […]

Feb 8, 2023

Appointments

Biz2X appoints Vijay Kumar Jamwal as Head- HR

A Digital Lending SaaS platform, Biz2X (a subsidiary of Biz2Credit in India) has announced the appointment of Vijay Kumar Jamwal as Head- HR. In the new role, Vijay will be responsible to oversee the company’s HR operations and drive its human resources and organisational culture initiatives. Further, he will responsible to work on enhancing the policies […]

Feb 8, 2023