Industry: HR News, Trends & Workplace Insights

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Updated on: Jan 2023
Wipro headcount gets down by 435, attrition eases to 21.2% in Q3
Industry

Wipro headcount gets down by 435, attrition eases to 21.2% in Q3

Wipro Limited a leading technology services and consulting company, announced financial results on Q3 under International Financial Reporting Standards (IFRS) for the quarter that ended December 31, 2022. Wipro’s net headcount has decreased by 435 employees during the December quarter. The company’s voluntary attrition moderated 180 bps from the previous quarter, which stood at 21.2% for the […]

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IBM initiate redeployment in India
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IBM initiate redeployment in India

According to TOI, an American multinational technology corporation, IBM has initiated a redeployment initiative in India. The company currently operates in more than 170 countries with a total employment of over one lakh individuals in India. This is one-third of its global workforce. IBM India Private Limited is the Indian subsidiary of IBM. It has […]

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HCLTech hires more than Infosys, TCS in Q3
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HCLTech hires more than Infosys, TCS in Q3

An Indian multinational information technology services and consulting company, HCLTech announced its Q3 FY’23 results on January 12, 2023. HCLTech partnered with Purdue Global for providing upskilling and higher education opportunities for its apprentices and the company’s employees in the Americas. The company launched a new skilling & certification initiative to meet the career development […]

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

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

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Tata Motors completes acquisition of Ford India’s Sanand plant
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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 […]

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Unacademy builds LinkedIn competitor NextLevel, 40 people fired
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 […]

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Air India to implement employment policy after March
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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 […]

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

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

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

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How to prepare for recession despite Quiet Quitting & Moonlighting
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, […]

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