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: Apr 2023
Cost-cutting measures by companies thread are incredibly funny?
Industry

Cost-cutting measures by companies thread are incredibly funny?

Due to economic uncertainty, there have been many companies that have either laid off employees or they have taken cost-cutting measures. Recent IT top major, Meta has declined facilities including a lack of snacks and cereals at the office, as well as the elimination of free food services and other benefits. However, Meta is not […]

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Letter of intent is not offer Capgemini to 2022 recruits
Industry

Letter of intent is not offer Capgemini to 2022 recruits

Due to economic uncertainty, many companies had delayed the onboarding of freshers. However, Capgemini did issue a Letter of intent to candidates. A multinational information technology services and consulting company, Capgemini informed campus recruits in 2022 that they will be onboarded sometime in 2023. Earlier, Capgemini also released a statement saying, “We understand your grievance. […]

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Hiring slow down, TCS adds only 22,600 employees in FY23
Industry

Hiring slow down, TCS adds only 22,600 employees in FY23

The year 2023 started with the layoff note. The major IT companies have laid off employees, slowing the hiring process, and companies are cutting down the benefits of employees. Infosys has recently announced the results for the fourth quarter the company witnessed a 40% plus fall in net hiring during the fiscal year 2023 vs […]

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Infosys Q4FY23, Total Headcount Dropped By 3,611
Industry

Infosys Q4FY23, Total Headcount Dropped By 3,611

Infosys, a global leader in next-generation digital services and consulting, announced results for the fourth quarter and year ended March 31, 2023, on Thursday, April 13, 2023, around 3.45 p.m. Indian Standard Time (IST) (6:15 a.m. ET; 3:15 a.m. PST; 11:15 a.m. London time; 6:15 p.m. Singapore/Hong Kong time). Infosys Chief Financial Officer Nilanjan Roy said, “Our […]

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Accenture is delaying onboarding for new-hire on top of job cuts
Industry

Accenture is delaying onboarding for new-hire on top of job cuts

According to the reports of Livemint, An Irish-American professional services company, Accenture is delaying onboarding for new-hire and considering the start date of new hires. The reports further emphasized that the company’s recruiter apologized for the delay and said “The decision was made to create the best possible new joiner experience. One of the joiners affected by the […]

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Job outsourced to India saved 40% cost, fully remote jobs at risk
Industry

Job outsourced to India saved 40% cost, fully remote jobs at risk

There is potential risk employees face in asking to work remotely on a permanent basis, the company could outsource their job to India instead to save 40% in labour costs. Work from home has seen an increase during the Covid-19 pandemic however the jobs that could be completed fully remotely are at risk. Andrew Lokenaut […]

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TCS Hired 22,600 Employees On Net Basis In FY23
Industry

TCS Hired 22,600 Employees On Net Basis In FY23

Tata Consultancy Services (TCS) reported its consolidated financial results according to Ind AS and IFRS, for the quarter and full year ending March 31, 2023. The company added 22,600 employees during FY23. There has been a steep decrease as compared to its net addition in FY22. Milind Lakkad, Chief HR Officer, said: “As we grow the TCS […]

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Google rolls back its COVID vaccine policy, Pichai on mass layoffs
Industry

Google rolls back its COVID vaccine policy, Pichai on mass layoffs

Earlier Google had announced to elimination or reduction of several perks, including some of the company’s micro kitchens. This provided employees with free snacks like cereal, espresso, and seltzer water. The company was making changes in its companywide benefits as it seeks to reallocate funds and create cost-cutting measures. The company has suspended the provision of […]

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TCS & IT companies delay onboarding of freshers, cut variable pay
Compensation

TCS & IT companies delay onboarding of freshers, cut variable pay

According to the reports to Business Today, IT companies including TCS, Wipro, and many others are facing an economic slowdown. The report also suggests that IT companies may still delay the onboarding of freshers candidates. The report also suggested that as far as the variable payouts are concerned they have been dull to date in […]

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TCS is offering free 15-day career-booster course for freshers
Industry

TCS is offering free 15-day career-booster course for freshers

India’s biggest IT company Tata Consultancy Services (TCS) has announced a free 15 days online course “TCS iON Career Edge’ for young professionals. The job market today is fraught with challenges and is more competitive than ever before, requiring youth to put their best foot forward to win. If used smartly, this period can be a self-transformational […]

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Google is providing free certificate courses, Check the Details
Industry

Google is providing free certificate courses, Check the Details

An American multinational technology company, Google is providing free certificate courses in various domains. Commenting on the certificate courses the company said, “Discover a range of free learning content designed to help your business or in your career.” “You can learn by selecting individual modules, or dive right in and take an entire course end-to-end”, […]

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Work from home scam women lose Rs 8.2 lakh in alleged fraud scheme
Industry

Work from home scam women lose Rs 8.2 lakh in alleged fraud scheme

In a work-from-home scam in Karnataka, woman Saritha S has lost Rs 8.2 lakh in the alleged fraud scheme. She is a resident of Sector 43. In this work-from-home opportunity, the woman was asked to subscribe to a YouTube channel. She received a WhatsApp message about an opportunity that was providing the option to work […]

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