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

Industry

IBM sues former executive for accepting role at rival company

Feb 14, 2023

IT raid BBC Delhi Mumbai office, employees phones seized

Income Tax IT officials have searched the BBC Delhi and Mumbai offices today. The income tax offic...

Industry

Feb 14, 2023

Latest news: IT raid BBC Delhi Mumbai office, employees phones seized - SightsIn Plus

How can HR leverage ChatGPT to enhance employee experience?

AI-driven chatbot, ChatGPT is a conversational interface that can understand natural i.e., human l...

Industry

Feb 14, 2023

Latest news: How can HR leverage ChatGPT to enhance employee experience? - SightsIn Plus

A couple lost their Jobs for abusing their minor domestic help

A Couple in Gurugram has recently lost their Jobs for abusing and torturingnbsptheir years old ...

Industry

Feb 13, 2023

Latest news: A couple lost their Jobs for abusing their minor domestic help - SightsIn Plus

Industry

IIT graduate laid off by Microsoft gets overwhelming support from Twitter

In January 2023 Microsoft announced to sack 11,000 employees worldwide due to the global economic slowdown. An IIT graduate took to Twitter to share his post about being laid off by Microsoft. Koustuv Saha shared a tweet, “I am laid off from @MSFTResearch MTL. It hasn’t quite sunk in, but it has hit my confidence to lose […]

Feb 13, 2023

Industry

Google employees ridicule Sundar Pichai for rushing ‘Bard’ unveil

Google Employees of the technology company said that CEO Sundar Pichai is ridiculed for Rushing Bard’s AI Chatbot Announcement. Messages float on an internal message forum Recently, Some Google employees are upset with the way the company has announced its AI chatbot Bard as a competition of ChatGPT. CEO Pichai made the announcement through a blog […]

Feb 13, 2023

Industry

Kris Gopalakrishnan Infosys co-founder: Layoffs can’t be avoided

According to business today, Infosys co-founder Kris Gopalakrishnan has said that layoffs aren’t desirable, but can’t be avoided. Infosys co-founder Kris Gopalakrishnan said the statement at the All Summit 2023 by Great Place to Work. However, the layoffs have been disheartening. The IT industry currently employs 5 lakh people. The industry has been continuously adding […]

Feb 11, 2023

Industry

CM Ashok Gehlot read Old Budget speech for 7 mints in Assembly

In the recent Rajasthan Budget 2023, Chief Minister Ashok Gehlot read the old budget speech for 7 minutes inside Assembly. The CM was interrupted by Congress minister Mahesh Joshi and was stopped for reading the budget. Due to this incident, The Assembly got adjourned for 30 minutes after this incident occurred. The incident faced a […]

Feb 11, 2023

Industry

IT companies to layoff 2500 freshers who fail to screen tests

According to a mint report, IT services companies are to layoff 2500 freshers for failing screening tests. Recently, the top two IT-Major have sacked 1052 employees who failed to qualify for the internal tests. However, this is an indicator that there are concerning headwinds in the coming quarters. According to reports, the layoffs will be […]

Feb 11, 2023

Industry

Webandcrafts awards its employee with a Mercedes Benz

Even after many companies like Google and Amazon are laying off many employees, Webandcrafts awards its oldest employee with a luxury car. A global IT solutions company Webandcrafts has awarded the luxury Mercedes-Benz car to its invaluable employee. Founder and CEO Abin Jose Tom said, “Our employees are the backbone of our company and we are […]

Feb 11, 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

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

Industry

Leave encashment new rule: Non-govt employees to gain 20K/Year

Honorable Union Finance Minister Smt Nirmala Sitharaman has proposed to hike tax exemption on leave encashment on the retirement of non-government salaried employees to Rs. 25 lakhs from Rs. 3 lakhs. What is leave encashment? Leave encashment is the amount of money that an employee received in exchange for leaves not availed by an employee. As per […]

Feb 7, 2023

Industry

Adani Group prepays $1.1 bn loans, releases pledged shares in 3 companies

In light of recent market volatility and in continuation of the promoters’ commitment to reducing the overall promoter leverage backed by Adani Group Listed Company shares, the company has pleased to inform you that promoters have paid the amounts to prepay USD1,114 million ahead of its maturity of Sep 2024. The prepayment will release the […]

Feb 6, 2023