News: HR News, Trends & Workplace Insights

Godrej Industries appoints Rakesh Swami as Group President Head Corporate Affairs

Godrej Industries Limited has appointed Rakesh Swami as the Group President amp Head, Corporate Af...

C-Suite Move

Latest news: Godrej Industries appoints Rakesh Swami as Group President Head Corporate Affairs - SightsIn Plus

Digital company HealthifyMe announces layoff people slashed

Indias leading health tech start-up, HealthifyMe announced the layoff of employees. The step is...

Latest news: Digital company HealthifyMe announces layoff people slashed - SightsIn Plus

SEZ rules allow WFH to all ITITes till December ,

The government has allowed information technology IT firms operating in special economic zones SE...

Work Model

Latest news: SEZ rules allow WFH to all ITITes till December , - SightsIn Plus

Tata Sons Chairman N Chandrasekaran to head Business 20 India

Tata Sons Chairman N Chandrasekaran has been appointed as the Chair of Business 20 (B20) India by the central government. Tata Sons Chairman, N Chandrasekaran said, “As India commences its leadership of B20 amid multiple global developments and transformations, the participation of businesses in global economic decision-making has never been more critical.” “We believe that a renewed strategy for […]

C-Suite Move

Ashok Leyland appoints Shenu Agarwal as MD and CEO

Hinduja group flagship Ashok Leyland has announced the appointment of Shenu Agarwal as the company’s managing director (MD) and chief executive officer (CEO) with immediate effect. In this role, Shenu will lead technology development, growth, and future strategy for the company toward achieving the mission to be among the top 10 commercial vehicle players globally. […]

Staff cheated on professional tests in KPMG, firm hit with fine

US audit watchdogs inspected and caught hundreds of KPMG employees cheating in their training tests in the UK and Columbia. The conduct continued even after a similar scandal which was caught and a fine was imposed in the US. Highlights The misconduct comes under the violation of professional auditing standards, quality control standards, and rules […]

Survey & Report

Global Captive Centres to create 3.64 lakh jobs in India

The market size and the job creation by Global Captive Centres (GCCs) as a sector is expected to see significant growth, states NLB Services’ latest report- India Captivating. According to the research report, GCCs will add close to 3.64 lakh jobs within the next 12 months and the sector will scale up from the current […]

Hiring

Myntra invites applications for Internships in Human Resources

India’s leading platform for fashion brands and a pioneer in e-commerce play, Myntra is inviting applications for internships in Human Resources (HR). Myntra Phoenix Initiative Phoenix is Myntra’s initiative specifically designed to offer a launchpad to women on a career break. A six-month internship ensures a conducive environment, facilitating a smooth transition back to work. […]

Adobe sacked 100 employees, majorly from the sales team

Adobe has reportedly laid off 100 employees but the firm confirms that the layoff is not companywide. The organization carried out the layoff process to reduce its expenses. Quick insights As per the 2022 financial reports of Adobe, the firm hired 28,700 workers. Adobe said that the company made a transition to support critical initiatives […]

Vedantu cuts 385 jobs, leadership takes 50% pay cut

Edtech major Vedantu has laid off another 385 employees. This is nearly 11.6 percent of the company workforce. The Job cuts will affect the workforce from sales, HR, and content teams. This is the fourth round of layoffs undertaken by the edtech unicorn in 2022. Vedantu’s co-founders and a few members of the leadership team […]

Morgan Stanley cuts about 1,600 jobs, 2% of its workforce

An American multinational investment management and financial services company, Morgan Stanley will lay off about 2% of its workforce. This affect about 1,600 positions workforce. The job cuts will affect workforce reductions at Goldman Sachs Group Inc and Citigroup Inc. The bank has more than 81,000 employees worldwide as of September 30. Morgan Stanley is making modest […]

Microsoft to train over 100K developers on cloud in India

Microsoft announced the launch of Future Ready Champions of Code, a pan-India program for developers, focused on skilling, certification, and building solutions. The program aims to engage over 100K+ developers across industry and academia with the right set of skills, tools, and resources to drive and innovate for India’s growth. As a part of the […]

PepsiCo to layoff hundreds of staff at headquarters

An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hundreds of workers from its headquarters in the North American snacks and beverages division. “The overall US labour market remains historically tight, with employers competing for a limited pool of labor and bidding up wages despite an uncertain economic outlook,” the report […]