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: Nov 2022
Twitter engineer fired for helping coworkers who faced layoffs
Industry

Twitter engineer fired for helping coworkers who faced layoffs

As per Reuters, A former Twitter Inc engineer has accused the company of firing him days after it was acquired by Elon Musk because he developed a tool to allow workers to save important documents in anticipation of mass layoffs. The former engineer, Emmanuel Cornet in anticipation of mass layoffs developed a Google Chrome extension […]

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Standard Chartered Bank officers’ union protest against violation of HR norms
Industry

Standard Chartered Bank officers’ union protest against violation of HR norms

The All India Bank Officers’ Confederation (AIBOC) has alleged violation of HR practices by foreign lender Standard Chartered Bank and submitted a detailed memorandum requesting the bank’s CEO for immediate remedial measures. The union also alleged that the bank is delaying in recognising Association of Standard Chartered Bank Officers (Kolkata) ASCBO despite several reminders. The right to form association/union […]

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Fired by error, Twitter asks some laid-off workers to come back
Industry

Fired by error, Twitter asks some laid-off workers to come back

The microblogging and social networking service, Twitter has sacked close to 3,700 people. Some of those who were laid off have been asked to return as they were fired by error. Others were let go before management realized that their work and experience may be necessary to build the new features Elon Musk envisions, the people […]

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Twitter has fired the majority of employees in India
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Twitter has fired the majority of employees in India

According to an internal memo sent to Twitter employees, the new management under Elon Musk has begun conducting layoffs Friday morning. Twitter has fired the majority of its over 200 employees in India as part of mass layoffs across the globe ordered by its new owner Elon Musk who is looking to make his $44-billion acquisition work. […]

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Amazon holds hiring in corporate workforce due to slow economy
Industry

Amazon holds hiring in corporate workforce due to slow economy

An American multinational technology company focusing on e-commerce, Amazon has announced the company will be freezing all its new hiring in its corporate workforce. Amazon has taken this step due to global economic uncertainty. The company’s CEO Andy Jassy has been looking for ways to cut costs across the company. Beth Galetti, Amazon’s senior vice […]

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Adani Group to invest Rs.1 lakh cr in Karnataka to expand footprint
Industry

Adani Group to invest Rs.1 lakh cr in Karnataka to expand footprint

An Indian multinational conglomerate, Adani Group has announced that it plans to invest almost Rs. 1 lakh crore over next seven years in Karnataka. Adani said, “Karnataka government’s alignment with our nation’s vision to become the world’s digital hub has produced unprecedented growth in the state.” “$65 billion worth of IT exports, around a third of our […]

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LTTS inaugurates R&D Center in Toronto, to hire over 100 engrs
Industry

LTTS inaugurates R&D Center in Toronto, to hire over 100 engrs

L&T Technology Services Limited (LTTS), a leading global pure-play engineering services company, announced today the unveiling of its Engineering Research & Development (ER&D) Center in Toronto, Ontario (Canada), marking its third nearshore global design center in two quarters. The ER&D Center in Toronto will initially focus on developing digital solutions for the transportation sector including railway […]

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Twitter staff told to work 12-hour shifts, 7 days a week, Reports
Industry

Twitter staff told to work 12-hour shifts, 7 days a week, Reports

According to reports, The microblogging and social networking service, Twitter staff at the company have set tasks so that it can be seen who works hard in Musk’s team. The teams of Twitter’s engineers have been assigned coding projects to be completed over the weekend. Twitter managers have told some staff to work 12-hour shifts, […]

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Tech Mahindra supports side gigs amid moonlighting- CP Gurnani
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Tech Mahindra supports side gigs amid moonlighting- CP Gurnani

IT major, Tech Mahindra CEO and MD, C P Gurnani said that we support side gigs as the company is a digital company and not a legacy firm. C P Gurnani shared his views that employees should not hide such instances as sometimes this may also add value to their CV. Additionally, the employees should inform the […]

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Tech Mahindra reports attrition rate of 20%, will continue hiring
Industry

Tech Mahindra reports attrition rate of 20%, will continue hiring

An Indian multinational information technology services and consulting company, Tech Mahindra announces its Q2FY23 performance results on November 1, 2022. Bucking industry trends, Tech Mahindra’s attrition dropped year-on-year as well from the year-ago quarter. Tech Mahindra reported a decline in attrition rate to 20 percent in the quarter that ended September 30, 2022, the attrition in Q1 was […]

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Indian startups make deep hiring cuts, hiring down by 61%
Industry

Indian startups make deep hiring cuts, hiring down by 61%

Ever Since 2019 the pandemic, companies have been struggling. Now, according to a new report, Indian startups are going through steep hiring cuts and the hiring of permanent employees has dipped by a significant 61 per cent. The report was analyzed from Oct 2021 to September 2022 of more than 25,000 employees across over 1,000 […]

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Borzo onboards 4,000 delivery partners
Industry

Borzo onboards 4,000 delivery partners

A leading courier delivery service, Borzo has announced that it has onboarded 4,000 delivery riders in the last two months. Eugene Panfilov, General Manager, of Borzo India, said, “The first post-pandemic year looks very promising as consumer sentiments are high. The expectation from this year’s upcoming festive season from Diwali to Christmas is robust demand.” […]

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