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On July , writing a blog, President amp CEO of Hewlett Packard Enterprise HPE, Antonio Neri sa...
JPMorgan Chase executives said on Thursday they plan to hire more than financial advisers in the...
TCS is expanding its presence in Chennai with two new centres be set up in Sipcot, Siruseri Tata Con...
Indian outsourcing giant Infosys told employees last week they could resume work from offices, according to a memo seen by Reuters that offers an early sign of the country’s $190 billion technology services sector moving to get back on track. The Bengaluru-based IT services company stopped short of calling all employees back to work, reflecting wider caution […]
Apple Inc will delay the return of its employees to office by at least a month to October at the earliest, as COVID-19 cases surge back in the United States and abroad, Bloomberg News reported. The iPhone maker will inform its employees at least a month before their expected return to offices, the report said, citing people familiar […]
The Board of Directors of Laqshya Media Ltd. has decided to reward its employees by way of ESOPs for their hard work, long-term association, and contribution to building the company. The company has announced the Employees’ Stock Option Plan for which covers a wide spectrum of employees from junior to senior managers in the company. With this, Laqshya Media […]
As demands for digital skills rising, employee attrition has come out as a challenge for IT Industry. HCL Technologies is working on a plan to give Mercedes-Benz to Top performers. HCL has reported an Attrition Rate at 11.8% in Q1 FY’22 (down from 14.6% last year and from the previous quarter 9.9%), reflective of the effectiveness of increased employee […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
