Employment: HR News, Trends & Workplace Insights

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

Updated on: Jul 2024
PwC Layoffs in China’s Financial Services Audit Team
Employment

PwC Layoffs in China’s Financial Services Audit Team

PricewaterhouseCoopers (PwC), a global professional services firm, is facing a critical decision in its China operations. Sources reveal that PwC is considering slashing up to half of its financial services auditing staff in mainland China. This move comes amidst regulatory scrutiny and an exodus of clients, casting a shadow over the firm’s business prospects. Chinese […]

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Microsoft Faces Backlash After Cutting DEI Team Amid Changing Priorities
Employment

Microsoft Faces Backlash After Cutting DEI Team Amid Changing Priorities

In a surprising move, Microsoft recently laid off an internal team focused on diversity, equity, and inclusion (DEI). The decision has sparked debate and raised questions about the company’s commitment to its DEI efforts. Like many tech giants, Microsoft made public commitments to improve diversity and inclusion following the 2020 murder of George Floyd and […]

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Salesforce cuts 300 jobs in second round layoffs
Employment

Salesforce cuts 300 jobs in second round layoffs

Salesforce, the renowned software giant, has recently announced a second round of layoffs, affecting approximately 300 employees. This move comes as part of the company’s ongoing efforts to streamline operations and manage costs. Previous Layoffs by Salesforce In January 2024, Salesforce eliminated 700 roles, constituting about 1% of its workforce. Those cuts were distributed across various […]

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Cognizant India’s Talent Hunt: 680+ Job Opportunities
Employment

Cognizant India’s Talent Hunt: 680+ Job Opportunities

Cognizant, a global leader in technology consulting and services, is making waves in the Indian job market. With over 680 job openings across various domains, the company in India is actively seeking talented individuals to join its dynamic workforce. The organization’s recruitment drive caters to diverse skill sets. Whether you’re an experienced professional or a […]

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KPMG India’s Massive Recruitment Drive: 1,398+ Job Openings
Employment

KPMG India’s Massive Recruitment Drive: 1,398+ Job Openings

KPMG India, a leading professional services firm, is on a massive hiring spree for its India offices. With over 1,398 job openings across various roles, KPMG is actively expanding its workforce to meet the demands of a dynamic and robust business. KPMG India’s recruitment drive spans multiple domains, including technology, consulting, finance, and audit. Whether you’re […]

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EPFO Gains Strength: 27 Establishments Contribute ₹1,688 Crore
Compensation

EPFO Gains Strength: 27 Establishments Contribute ₹1,688 Crore

In a significant development, 27 establishments have voluntarily surrendered their exemption status over the past two years, resulting in the addition of approximately 30,000 employees to the Employees’ Provident Fund Organisation (EPFO). These establishments have collectively contributed ₹1,688.82 crore to the EPFO fund, reinforcing the organization’s financial stability and commitment to employee welfare. Background and […]

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TCS Talent Surge: 40,000 New Freshers Jobs in Pipeline
Employment

TCS Talent Surge: 40,000 New Freshers Jobs in Pipeline

Tata Consultancy Services (TCS), a global IT services giant, is set to impact India’s job market significantly. The company has announced to hire 40,000 freshers in the current financial year, reaffirming India’s enduring appeal as a talent hub. Milind Lakkad, Chief HR Officer at TCS, highlighted India’s enduring appeal for talent amidst diverse skill requirements and geopolitical […]

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TCS Invites Techies for Walk-in-Interview on July 20, 2024
Employment

TCS Invites Techies for Walk-in-Interview on July 20, 2024

Tata Consultancy Services (TCS), a global IT services company, is on a hiring spree in India. With a focus on talent acquisition and growth, TCS is opening up multiple job opportunities across various roles. Here’s what you need to know: Locations How to Apply and Attend Walk-in-Interview: Click here on the LinkedIn Page or TCS Career Page. […]

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TCS Completed Annual Salary Increments Successfully in Q1
Compensation

TCS Completed Annual Salary Increments Successfully in Q1

Tata Consultancy Services (TCS), India’s largest IT services company, has kicked off the fiscal year 2024-25 on a positive note by completing its annual salary increments in the first quarter. IT giant rolled out a 4-5 percent increment, along with double-digit hikes for top performers as announced by the company during the Q4 earnings conference […]

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HCLTech Reports Strong Q1 FY25 Results: Key Highlights
Employment

HCLTech Reports Strong Q1 FY25 Results: Key Highlights

HCLTech, a leading global IT services company, announced its first-quarter results for the financial year 2024-25. The numbers reveal a robust performance, with notable highlights in both financials and human resources. Financial Analysis HCLTech Q1 FY25 Results: Headcount Shift Also Watch: How GenAI Transforms Work Experience and Culture, Click Here Attrition Trends Talent Strategies at […]

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PwC faces talent exodus in China: mass layoffs amid client losses
Employment

PwC faces talent exodus in China: mass layoffs amid client losses

PricewaterhouseCoopers LLP (PwC), a global accounting firm, is facing a seismic shift in its China operations resulting in mass layoffs. The exodus of corporate clients has dealt a blow to the firm’s revenue prospects, prompting a tough decision, i.e., PwC mass layoffs. At least 100 staffers across different teams in PwC China’s offices are now being shown […]

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TCS Adds 5,452 Employees in Q1 FY25: HR Trends and Insights
Employment

TCS Adds 5,452 Employees in Q1 FY25: HR Trends and Insights

Tata Consultancy Services (TCS), India’s premier IT services company, yesterday announced its consolidated financial performance for Q1 FY25 ending June 30, 2024. While the financials exhibit strength, let’s get into the human resources aspects of TCS’s Q1 results. TCS boasts an impressive workforce of 606,998 employees, and during Q1 FY25, they added 5,452 employees. This signals a […]

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