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: Jul 2021

Industry

Infosys reopens offices to get back on track

Jul 22, 2021

Apple to delay office returns to October

ApplenbspInc will delay the return of its employees to office by at least a month to October at th...

Industry

Jul 21, 2021

Latest news: Apple to delay office returns to October - SightsIn Plus

Laqshya Media announces ESOPs for its employees

The Board of Directors ofnbspLaqshya Media Ltd.nbsphas decided to reward its employees by way of...

Industry

Jul 21, 2021

Latest news: Laqshya Media announces ESOPs for its employees - SightsIn Plus

HCL Technologies plans to give Mercedes-Benz to top performers

As demands for digital skills rising, employee attrition has come out as a challenge for IT Industry...

Industry

Jul 21, 2021

Latest news: HCL Technologies plans to give Mercedes-Benz to top performers - SightsIn Plus

Industry

GM India has laid off 1,086 workers who didn’t accept the VSS plan

According to ET report, General Motors India (GM India) has laid off 1,086 workers who didn’t accept a Voluntary Separation Scheme (VSS) at the automaker’s plant near Pune. Employee union has approached the industrial court against the company. Almost one-third of employees at the Talegaon facility have accepted the voluntary separation scheme by the July 4 deadline. […]

Jul 21, 2021

Industry

HCL Technologies to hire 22,000 freshers in FY22, Attrition 11.8% in Q1

IT major, HCL Technologies has announced its Q1 results for the Financial Year 2021-22 on July 19, The company reported a 9.9 percent rise in consolidated net profit to Rs 3,214 crore for the quarter ended June 30, 2021. And 11.7% growth in revenue in constant currency in the first quarter. However, the growth rates […]

Jul 20, 2021

Industry

Cyient announces 12 weeks of gender-neutral parental leave

Engineering, manufacturing, and technology solutions company Cyient announces 12 weeks of gender-neutral parental leave across its offices globally. All the employees of Cyient Limited (formerly known as Infotech Enterprises Limited) can avail up to 12 weeks of leave after birth or adoption of a child. While launching the new gender-neutral parental leave policy, Krishna Bodanapu, the […]

Jul 19, 2021

Industry

Facebook records 38.2% increase in people of colour as leaders

San Francisco, Facebook said that it has achieved a 38.2 per cent increase in Black leaders due to strong recruiting and increased focus on retaining top talent across the company in the last one year. Facebook said that it will continue striving for an overall 30 per cent increase in representation of people of colour in the […]

Jul 19, 2021

Industry

L&T Infotech attrition rate increased to 15.2% in Q1 of the FY22

IT services company, L&T Infotech (LTI), part of Larsen & Toubro Group has announced its net profit of Rs 496.8 crore for the quarter ended June 30, up 19.3% on-year. Revenue for the three-month period increased 17.4% to Rs 3,462.5 crore. In the first quarter of financial year 2022, the company has added 2,300 employees […]

Jul 16, 2021

Industry

Infosys to hire 35,000 freshers in FY22, Return to office in next 6 months

India’s second-largest IT major, Infosys plans to hire 35,000 college graduates for the financial year 2021-2022. Infosys COO UB Pravin Rao said, “Demand for digital talent explodes, and the company plans to meet this demand by expanding our hiring program of college graduates for FY22 to 35,000 globally,” The company’s attrition rate increased to 13.9% than the […]

Jul 16, 2021

Industry

Wipro to get employees back to office by Sept, to hire 30K freshers in FY22

Yesterday, Bangaluru based IT major Wipro has announced results for the First Quarter ended June 30, 2021. Highlights of the Results Gross Revenue was ₹182.5 billion ($2.5 billion1), an increase of 12.4% QoQ and 22.4% YoY IT Services Segment Revenue was at $2,414.5 million, an increase of 12.2% QoQ and 25.7% YoY Net Income for the quarter […]

Jul 16, 2021

Industry

Infosys attrition increased to 13.9% in Q1 of the FY 2021-22

India’s second-largest IT company Infosys has announced its first-quarter Q1 results for the financial year 2021-22. The company has reported a consolidated net profit of Rs 5,195 crore for the quarter ended June 30, thereby growing 2.3 percent sequentially. The company’s Q1 consolidated revenue came in at Rs 27,896 crore, up 17.87 percent YoY, as against Rs […]

Jul 14, 2021

Industry

Mindtree reports 13.7 % attrition, adds over 3,442 people to its workforce

On July 13, IT firm Mindtree has announced its Q1 results for the financial year 2021-22. The company has reported a 61% year-on-year rise in its Q1 net profit at Rs. 343.3 crore as compared to Rs. 213 crore in the same quarter last year. The net profit was up 8% on a sequential basis. Announcing Q1 results for […]

Jul 14, 2021

Industry

Flipkart to buyback employee stock options worth Rs 600 crore

Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources. Earlier in the day, Flipkart announced raising USD 3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at USD 37.6 billion (about Rs 2.79 lakh crore). In an e-mail […]

Jul 13, 2021

Industry

Steel Minister held performance review meeting of SAIL, NMDC, MECON

Union Steel Minister Shri Ram Chandra Prasad Singh on July 12 held Video Conference with Chairman, SAIL, CMDs of NMDC and MECON, to review the activities and performance of these CPSEs. Chairman/CMDs made the presentations to inform about the organisation, ongoing activities, projects, financial performance, and the way forward. While reviewing the performance, Union Minister […]

Jul 13, 2021

Industry

TCS attrition goes up in Q1 of the financial year 2022

India’s largest IT Major, TCS has announced its first-quarter Q1 (quarter ending on June 30) results of July 8, 2021. TCS reported attrition of 8.6 per cent in Q1. Although the attrition rate is the lowest among peers, it has gone up from the previous quarter’s 7.2 per cent, ending on March 31. Recently, Accenture […]

Jul 12, 2021