Industry: HR News, Trends & Workplace Insights

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

Updated on: Feb 2023

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Industry Reactions on Union Budget -

Feb 2, 2023

Budget updates Income tax rebate limit raised to lakh

According to the media reports, Honorable Union Finance Minister, Mrs. Nirmala Sitharaman presented ...

Industry

Feb 1, 2023

Latest news: Budget updates Income tax rebate limit raised to lakh - SightsIn Plus

Amazon workers reveal their toilet breaks were timed

As per BBC reports, An American multinational technology company, Staff of Amazon Coventry warehouse...

Industry

Jan 31, 2023

Latest news: Amazon workers reveal their toilet breaks were timed - SightsIn Plus

India Ahead shuts down, employees not paid for months

India Ahead The National English News channel has shut down its operations. Due to this reas...

Industry

Jan 30, 2023

Latest news: India Ahead shuts down, employees not paid for months - SightsIn Plus

Industry

Zerodha CEO reveals why never hired IIT, IIM Graduates

India’s biggest stock broker company, Zerodha CEO Nithin Kamath revealed that the company has never hired IIT, and IIM Graduates. However, the companies look for talent from IIT and IIM. On the other end, Zerodha does not prefer hiring from both institutions. As the company believes that such institutes don’t produce graduates that are more […]

Jan 29, 2023

Industry

Microsoft Outlook, Teams, and others faced outrage in India

Yesterday, January 25, 2023, several Microsoft services including MS Teams, Outlook, Microsoft 365, and Azure were down for thousands of users in India and users were unable to access Microsoft’s multiple services. According to the outage tracking website Downdetector.com, about 63% of users reported that they were facing issues with the Teams app, 26% reported issues […]

Jan 26, 2023

Industry

Tech Mahindra ex-CEO on Layoffs: ‘Speak with people before walking them out’

The year 2023 has begun on a bad note for tech workers globally. Tech Mahindra Former CEO Kiran Deshpande shared his advice on the same issue. There have been nearly 91 companies that have laid off more than 24,000 tech employees in the first 15 days this month. More than 1,600 tech employees are being laid […]

Jan 24, 2023

Industry

Ex-Microsoft HR lists 3 types of employees at most risk of layoffs

Recently, Chris Williams, Ex-Microsoft Vice President- Human Resources has come forward to share three categories of employees that are unsafe during layoffs and two categories of employees who are at least at risk during layoffs. Below are the categories of employees who are at least risk:- Profit-making employees: “If you’re an essential part of building the most […]

Jan 24, 2023

Industry

Amazon Air takes off in India, creating jobs in the local economy

Amazon India has launched Amazon Air, making it the first e-commerce company in the country to have a dedicated air cargo network. It will utilize the cargo capacity of two Boeing 737-800 aircraft operated by Quikjet Cargo Airlines. Each Amazon Air aircraft will ship thousands of packages every day and fly across Hyderabad, Bengaluru, Delhi, […]

Jan 24, 2023

Industry

EY projects India to become a US$26 trillion economy by 2047

EY, the leading professional services organization, announced its growth projection for India which estimates the Indian economy will reach a GDP size of US$26 trillion (in market exchange terms) by 2047, the 100th year of the country’s independence. The per capita income is expected to increase to US$15,000, putting the country among the ranks of developed […]

Jan 24, 2023

Industry

NITES seeks Labour Ministry’s intervention in Wipro freshers’ layoff

Recently, an Indian multinational corporation, Wipro sacked 452 fresher employees due to poor performance. The union of IT employees Nascent Information Technology Employees Senate (NITES) said that it ‘strongly condemns the unethical layoffs done by Wipro.’ NITES President Harpreet Singh Saluja said, “For a year these employees were struggling to join the company despite clearing […]

Jan 24, 2023

Industry

Ashneer Grover: Why fire people? Founders should take pay cuts

Companies have been laying off employees in 2023 as well. Ashneer Grover Shark Tank India season 1 judge shared his point on layoffs that founders should take pay cuts instead of firing employees. He said in a LinkedIn post, “It’s sad to hear about firings every day. I am thankful that I’ve never had to fire […]

Jan 23, 2023

Industry

Is twitter left with 1300 employees? What does Elon Musk say?

A media report claimed that in the American social media company, Twitter, about 80 percent of its employees shrunk since Elon Musk took over. The report also claimed that now the headcount is nearly 1,300 working employees. However, Elon Musk issued a clarification tweet correcting the number reported in the article along with additional details. […]

Jan 23, 2023

Industry

Man posing as DMRC HR arrested for cheating people on pretext of fake job

An accused, Pawan Bhardwaj (34 years) has been arrested as he posed as Delhi Metro Rail Corporation (DMRC) HR and cheated people on the pretext of a fake job. The accused, Pawan Bhardwaj, resident of Goyala Dairy, informed the police during the questioning that he used to issue online advertisements. Additionally, he used to extract random […]

Jan 23, 2023

Industry

Companies Layoff over 50,000 employees in 21 days this year 2023

According to media reports on layoff, In the first half of the year 2022 that is from January to June, various companies laid off nearly 44,257 employees in the tech sector. However, in 2023 January, 154 tech companies reportedly laid off nearly 55,225 in just 21 days. Earlier in November Amazon announced that will be […]

Jan 21, 2023

Industry

HUL Independent Director fined 9 Lakhs under insider trading regulations

HUL Independent Director Ashish Gupta has been fined 9 Lakhs for an ‘inadvertent trade.’ The company said the Portfolio Management Services of Ashish Gupta’s wife Nita Goyal, had traded in its shares on her behalf without her prior approval/intimation. A monetary penalty has been imposed due to the breach of the Code and PIT Regulations, SDC […]

Jan 20, 2023