Industry: HR News, Trends & Workplace Insights

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Updated on: Jan 2023

Industry

Will TCS rule out remote work employees to WFO?

Jan 14, 2023

Wipro headcount gets down by , attrition eases to . in Q

Wipro Limited a leading technology services and consulting company, announced financial results on Q...

Industry

Jan 14, 2023

Latest news: Wipro headcount gets down by , attrition eases to . in Q - SightsIn Plus

IBM initiate redeployment in India

According to TOI, an American multinational technology corporation, IBM has initiated a redeployment...

Industry

Jan 13, 2023

Latest news: IBM initiate redeployment in India - SightsIn Plus

HCLTech hires more than Infosys, TCS in Q

An Indian multinational information technology services and consulting company, HCLTech announced it...

Industry

Jan 13, 2023

Latest news: HCLTech hires more than Infosys, TCS in Q - SightsIn Plus

Industry

Infosys attrition rate drops in Q3, to hire 50,000 freshers by FY23

An Indian multinational information technology company, Infosys has announced results for the third quarter that ended December 31, 2022, on Thursday, January 12, 2023. The company hired around 6,000 freshers in Q3FY23. In starting of FY23, Infosys had given a fresher hiring target of 50,000, and 40,000 of them are hired in the first half of the […]

Jan 13, 2023

Industry

Amazon staff furious on being forced to work after co-worker died

According to the media reports, an American technology company focusing on e-commerce, Amazon employees are furious over being forced to work after a co-worker died on the floor. In a warehouse in Colorado Springs, an employee named Rick Jacobs died on the job after experiencing a cardiac arrest. The employee died just before a shift change. Post this […]

Jan 11, 2023

Industry

Tata Motors completes acquisition of Ford India’s Sanand plant

Tata Motors on Tuesday said the acquisition of Ford India‘s manufacturing plant at Sanand through its subsidiary has been completed. In August last year, the company announced that its arm Tata Passenger Electric Mobility Ltd (TPEML) would acquire Ford India Pvt Ltd’s (FIPL) Sanand plant in Gujarat for Rs 725.7 crore. The acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which […]

Jan 11, 2023

Industry

Unacademy builds LinkedIn competitor NextLevel, 40 people fired

In another round of layoffs, an Indian educational technology company, Unacademy will let go of around 40 people. NextLevel, which was launched last month as a product that would ‘disrupt LinkedIn’ and make resumes irrelevant. Unacademy has laid off more than 1,200 employees since the start of 2021. The company has halved its team […]

Jan 11, 2023

Industry

Air India to implement employment policy after March

Recently, Indian Police arrested an Air India passenger after a complaint was filed by a woman on board for urinating on her. Shankar Mishra has been sent to judicial custody for 14 days. Regarding this incident, DGCA has instructed the TATA Group-owned Air India to establish a record of all passengers who have exhibited unruly behaviour and put them on […]

Jan 10, 2023

Industry

TCS to hire over 1.25 lakh employees in FY24, total strength of 6 Lakhs

India’s largest IT major, Tata Consultancy Services (TCS) has announced its Q3FY23 results for the quarter ending on December 31, 2022. The company said that it will be hiring 1.25 lakh to 1.5 lakh employees in the financial year 2023-24 (FY24). Since the company posted a decline of 2,197 people in its employee base, TCS headcount […]

Jan 10, 2023

Industry

Tata Group is close to taking over iPhone maker’s plant in India

An Indian multinational conglomerate, Tata Group is close to taking over the iPhone maker’s plant in India. Wistron is one of the three Taiwanese iPhone makers in India along with Foxconn and Pegatron Corp. As Wistron plans to exit iPhone manufacturing in India, its Taiwanese partners are expanding their iPhone production lines. According to the […]

Jan 10, 2023

Industry

UK PM Rishi Sunak Plans New Law To Let Employers Fire Workers

The UK PM Rishi Sunak plans a new Law to let employers fire workers. This legislation will allow employers in essential sectors to terminate the employment of striking workers. The proposed legislation is already facing opposition in the House of Lords from Keir Starmer. The leader of the opposition Labour Party has warned that if […]

Jan 9, 2023

Industry

How to prepare for recession despite Quiet Quitting & Moonlighting

In 2022 many companies laid off their employees, there have been Great Resignation, Moonlighting, and Quiet quitting and the recession has been a point of discussion. What is Quiet Quitting? Quiet quitting refers to doing the minimum requirements of one’s job and putting in no more time, effort, or enthusiasm than is necessary. As such, […]

Jan 9, 2023

Industry

Over 30,000 lost jobs in Jan exceed December total in just 6 days

In 2022, over 1 lakh employees lost their jobs across various sectors. But in less than 9 days in January over 30,000 employees have lost their jobs. The layoff number has exceeded December in a few days. Data from the layoff tracker shows that a total of 30,611 people from 30 companies were laid off […]

Jan 9, 2023

Industry

Shopify asked employees to just say no to meetings

A Canadian multinational e-commerce company, Shopify has announced that there is a rule that no meetings at all can be held on Wednesdays. Kaz Nejatian has shared the information through an official Twitter handle and said, “Meetings are a bug. Today, we shipped a fix to this bug at @Shopify. To start 2023, we’re canceling […]

Jan 7, 2023

Industry

Microsoft to support space-tech startups in India; Apply

Indian Space Research Organisation (ISRO) and Microsoft has signed a Memorandum of Understanding (MoU) to fuel the growth of space-tech startups in India. The MoU seeks to empower space tech startups across the country with technology tools and platforms, go-to-market support, and mentoring to help them scale and become enterprise ready. The collaboration seeks to […]

Jan 6, 2023