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: Mar 2023
US, Europe banking woes may impact Indian IT firms; TCS, Infosys, Wipro
Industry

US, Europe banking woes may impact Indian IT firms; TCS, Infosys, Wipro

According to JP Morgan reports, US and European banks are currently facing a financial crisis. And this will adversely affect India’s two big IT companies Tata Consultancy Services (TCS) and Infosys. The reports suggested that the regional banks in the US account for 2-3 percent of their total revenue. However, TCS, Infosys, and Mindtree may […]

Read Story
Drunk Bengaluru Startup employee ‘Chokes’ While Team Parties
Industry

Drunk Bengaluru Startup employee ‘Chokes’ While Team Parties

A Bengaluru startup employee was found passed out and choking on his own vomit at a bar while his team partied. Caleb Friesen shared on Twitter, “Reminder to the “work hard, party harder” startup founders out there: no party is worth losing an employee. Spotted a young man from a prominent Bengaluru startup choking on […]

Read Story
Tata won’t buy Bisleri: founder’s daughter to lead the company
Industry

Tata won’t buy Bisleri: founder’s daughter to lead the company

According to a media report, Tata Consumer Products Ltd (TCPL) has withdrawn from the acquisition process of Bisleri. Bisleri International Chairman Ramesh Chauhan’s daughter Jayanti Chauhan will run the company. She will steer the company with the professional team headed by CEO Angelo George. Currently, Jayanti is the Vice Chairperson. She has been involved in the […]

Read Story
Infosys HR Head: Freshers promoted faster, get big hikes
Industry

Infosys HR Head: Freshers promoted faster, get big hikes

According to TOI report, EVP and Group HR Head Krish Shankar, Infosys has said that freshers in the company today get promoted much faster and get substantially higher jumps in salaries than a few years ago. Responding to fresher salaries in the IT industry having stagnated at about Rs 3.5 lakh per annum for years, […]

Read Story
Google employees demand these 5 things from CEO Sundar Pichai
Industry

Google employees demand these 5 things from CEO Sundar Pichai

Recently in January, Google parent Alphabet announced to sack 12,000 employees nearly 6% of the workforce. However, The company CEO took responsibility for the layoffs. As per the recent updates of CNBC reports, The former Google employees that were laid off on their medical or maternity leave have said that Google might not be willing to pay […]

Read Story
PwC can sue Satyam founder Ramalinga Raju, Telangana HC says
Industry

PwC can sue Satyam founder Ramalinga Raju, Telangana HC says

According to the TOI reports, The Telangana High Court has said the company PricewaterhouseCoopers (PwC) can sue Satyam (now merged into Tech Mahindra) founder B Ramalinga Raju for Rs 100 crore for sullying the audit firm’s reputation The High Court bench comprised justices P Naveen Rao and Nagesh Bhimapaka. The bench has dismissed a civil […]

Read Story
Electronics manufacturing to create 10 lakh jobs by 2025-2026
Industry

Electronics manufacturing to create 10 lakh jobs by 2025-2026

Union Minister of State for Skill Development & Entrepreneurship and Electronics & Information Technology Shri Rajeev Chandrasekhar said the target of the Narendra Modi Government is to increase electronics manufacturing capability to Rs 24 Lakh crore by 2025-26, which will also help create over 10 lakh jobs. Shri Rajeev Chandrasekhar was addressing a packed audience […]

Read Story
Infosys Foundation to Foster Learning for Army Widows & Children
Industry

Infosys Foundation to Foster Learning for Army Widows & Children

Infosys Foundation, the philanthropic and CSR arm of Infosys, announced that it has signed a Memorandum of Understanding (MoU) with the Directorate of Indian Army Veterans (DIAV). This will provide educational grants and scholarships worth INR 30 crore to widows and children of army personnel, who have been impacted by physical casualty. Through this collaboration of Infosys […]

Read Story
Truecaller inaugurates office in India will accommodate 250 people
Industry

Truecaller inaugurates office in India will accommodate 250 people

Truecaller, the leading global communications and Caller ID platform, inaugurated its brand new office in the southern city of Bengaluru, India. The office was virtually inaugurated by the Hon’ble Union Minister of State for Skill Development and Entrepreneurship & Electronics and Information Technology, Government of India Mr. Rajeev Chandrasekhar. The launch of the Bengaluru office […]

Read Story
Read Meta CEO Mark Zuckerberg’s post on 10,000 Jobcuts
Industry

Read Meta CEO Mark Zuckerberg’s post on 10,000 Jobcuts

Meta (formerly named Facebook) CEO Mark Zuckerberg has written a letter for his employees when announced a fresh layoff of about 10,000 staff. The CEO also urged employees to work from the office to increase efficiency. Additionally, he also said the company’s analysis shows the employees who worked from the office fared better than those who worked […]

Read Story
Startup tells new hires they need to know ChatGPT for a job
Industry

Startup tells new hires they need to know ChatGPT for a job

ChatGPT (Chat Generative Pre-trained Transformer) is a chatbot developed by OpenAI that is designed to generate human-like responses to natural language queries. It has been trained on a massive amount of text data from the internet, including books, articles, and web pages. Chatgpt can be used in a variety of applications, such as chatbots, virtual assistants, […]

Read Story
Layoffs: a laid-off techie hangs himself in Chennai
Industry

Layoffs: a laid-off techie hangs himself in Chennai

Covid-19 changed the situation of working. There have been various companies that even overhired employees which led to layoffs. According to a recent report of TOI, M Vignesh, a 24-year-old software engineer committed suicide by hanging himself in Padi. Parents suspected when M Vignesh’s room remained locked for a long time and there was no […]

Read Story