Industry: HR News, Trends & Workplace Insights

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Updated on: Aug 2021

Industry

Oracle to add Payroll Support for India

Aug 5, 2021

Pernod Ricard India to open all its offices, rolls out a new way of working

Pernod Ricard India announces new flexible Work from Anywhere Model Pernod Ricard India has ...

Industry

Aug 5, 2021

Latest news: Pernod Ricard India to open all its offices, rolls out a new way of working - SightsIn Plus

IBM to establish a Software Lab in Kochi, Kerala

Technology giant IBM on Wednesday announced that it is working to establish a Software Lab in Kochi....

Industry

Aug 5, 2021

Latest news: IBM to establish a Software Lab in Kochi, Kerala - SightsIn Plus

Huawei to invest mn to boost start-up ecosystem

Chinese telecom gear maker Huawei on Tuesday announced that it will invest USD million in Asia p...

Industry

Aug 4, 2021

Latest news: Huawei to invest mn to boost start-up ecosystem - SightsIn Plus

Industry

Capgemini added 24,400 people in Q2 of FY 2021 with attrition at 15.2%

Capgemini, a French multinational information technology services and consulting company has announced its Q2 results quarter ending on June 30 of the financial year 2021 on July 28. Capgemini generated revenues of €8,711 million in H1 2021. After a Q1 2021 already marked by higher than expected growth, the Group accelerated strongly in the second […]

Aug 4, 2021

Industry

Philips to invest Rs. 300 crore, hire 1,500 people in India

Health technology and consumer durables company, Philips plans to invest more than Rs.300 crore and hire 1,500 people in India over the next one or two years. Philips global CEO Frans Van Houten said in a statement, “The company will invest as much as Rs 300 crore in India. It also plans to hire 1,500 […]

Aug 3, 2021

Industry

Qantas idles 2,500 more staff as COVID-19 cuts domestic flights

Qantas Airways is temporarily idling about 2,500 employees without pay for at least two months in a bid to cope with fresh COVID-19 restrictions in Australia slashing domestic travel demand. The decision will directly impact domestic pilots, cabin crew, and airport workers, mostly in New South Wales, the airline said on Tuesday, adding that no […]

Aug 3, 2021

Industry

Over 43,000 TCS employees resigned in one year, Attrition at 8.6%

Tata Consultancy Services (TCS) has announced its Q1 results of FY22 last month. According to the first-quarter results, over 43,000 employees in TCS resigned in the last 12 months. The attrition rate was reported at 8.6%. Currently, TCS has a total headcount of 509,058. The company has crossed the 5.0 lakh milestone in the total workforce. […]

Aug 3, 2021

Industry

Pokarna sets up Rs. 500 crore plant in Hyderabad, to create 3,000 jobs

Pokarna Engineered Stone Limited, a subsidiary of Pokarna Ltd on Friday said it has established a state-of-the-art quartz surfaces manufacturing facility, one of the largest in the world, with an investment of Rs 500 crore in Telangana. K T Rama Rao, Minister for Industries and Information Technology, is scheduled to inaugurate the new plant on Saturday, a […]

Aug 3, 2021

Industry

Tata Motors lost 91 people from its ecosystem due to Covid-19

Tata Motors lost 91 people from its ecosystem due to COVID-19 and it “will do everything” it can to support their families, company Chairman N Chandrasekaran said on Friday. Even after enduring “the fiscal year 2021” which has been “amongst the most challenging to date”, the company is on track to become a zero-debt company by the financial […]

Aug 2, 2021

Industry

Diageo India rolls out 26 weeks parental leave policy, regardless of gender

Diageo India has announced a 26-week parental leave policy to all employees, regardless of gender, after birth/adoption of a child. The policy is effective from July 30, 2021. The policy offers all eligible employees a 26-week parental leave, comprising all benefits and bonuses, irrespective of gender or sexual orientation. This policy includes surrogacy, adoption, and biological conception. […]

Aug 2, 2021

Industry

Over 23,000 Cognizant employees have left in the first quarter of this year

The US-based information technology (IT) consulting company Cognizant, one of the world’s leading professional services companies has announced its first-quarter 2021 financial results on July 28, 2021. Cognizant’s attrition for the first quarter escalated to a record high of 31%, of which 29% was voluntary attrition. The company has a total headcount of 301,200. A rough calculation shows […]

Jul 30, 2021

Industry

Uber delays office return, makes vaccination mandatory for U.S. staff

Uber Technologies Inc is pushing back its back-to-office date to late October globally, and all employees in the United States will have to be fully vaccinated before returning to office, a spokesperson said on Thursday. The news comes a day after major tech companies including Twitter Inc, Alphabet Inc’s Google and Facebook Inc said all U.S. […]

Jul 30, 2021

Industry

Tech Mahindra reports attrition at 17%, to hire above 15K freshers in FY22

Yesterday, IT services provider, Tech Mahindra has announced its Q1 results for the financial year 2022. The company has reported 30.8% rise in its net profit for the first quarter of fiscal 2022 at Rs 1,353.2 crore as against Rs 1,081.4 crore in the quarter ended March 2021. The company has added 5,200 employees in the […]

Jul 30, 2021

Industry

Cognizant to hire 1 lakh experienced people and 30,000 freshers in 2021

Cognizant, one of the world’s leading professional services companies, yesterday has announced its second-quarter 2021 financial results. Revenue of $4.6 billion grew 14.6% year-over-year (12.0% in constant currency(1)) Digital revenue grew approximately 20% year-over-year $1.5 billion deployed on acquisitions, share repurchases and dividends year-to-date 2021 revenue growth guidance increased to 10.2-11.2%, or 9.0-10.0% in constant […]

Jul 29, 2021

Industry

Google delays return to office, mandates vaccines

Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated once its sprawling campuses are fully reopened. The announcement Wednesday came as the more highly contagious delta variant is driving a dramatic spike in COVID-19 cases and hospitalizations. In an […]

Jul 29, 2021