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 2024

Industry

TCS iON Offers Free Digital Certification Course Register Here

Nov 22, 2024

Zepto Founder Advocates for Quick Commerce as a Job Creator

Aadit Palicha, the founder of Zepto, recently addressed concerns surrounding the impact of quick com...

Industry

Nov 22, 2024

Latest news: Zepto Founder Advocates for Quick Commerce as a Job Creator - SightsIn Plus

Cognizant Top Leadership Team has the Majority of Indian People

Cognizant, an American multinational IT services and consulting company, features a diverse leadersh...

Editorial

Nov 19, 2024

Latest news: Cognizant Top Leadership Team has the Majority of Indian People - SightsIn Plus

PLI Scheme for Power Transmission Sector by End of FY

To boost the power transmission sector, the Indian government is launching a Production Linked Incen...

Industry

Nov 16, 2024

Latest news: PLI Scheme for Power Transmission Sector by End of FY - SightsIn Plus

Employment

Callus Company Partners with Top Universities to Build Talent Pool

Callus Company, a South Korean startup focused on connecting young talent to global markets, has announced an ambitious plan. They aim to build a talent pool of 1,00,000 candidates in India by 2026. This initiative is part of the company’s broader strategy to empower Indian students and professionals. It aims to provide competitive salaries and […]

Nov 15, 2024

Employment

Adani Group to Create 15,000 Jobs with $10bn Investment in US

Gautam Adani, Chairman of the Adani Group, announced a massive investment of $10 billion in US energy and infrastructure projects. This plan aims to create up to 15,000 jobs, marking a major step bolster economic ties between India and US. Adani Group: Commitment to Job Creation & Investment Details Adani revealed the investment plans in […]

Nov 14, 2024

Industry

Swiggy IPO: 500 Employees Join the Crorepati Club

Swiggy, India’s leading food-tech company, has made headlines with its recent Initial Public Offering (IPO), which has turned around 500 of its employees into ‘crorepatis’ (millionaires). The IPO, which raised a staggering ₹11,327 crore, is one of the largest in recent years and has unlocked an estimated ₹9,000 crore in Employee Stock Ownership Plan (ESOP) […]

Nov 13, 2024

Industry

Amazon Confirms Employee Data Hacked in 2023 MOVEit Breach

Amazon has confirmed that a massive data breach has compromised employee information, marking the largest cyberattack of 2023. The breach, which occurred in May 2023, involved data stolen from a third-party vendor and has affected millions of employees worldwide. The MOVEit Breach and Response from Amazon The cyberattack exploited a zero-day vulnerability in the MOVEit […]

Nov 12, 2024

Compensation

TCS Cuts Variable Pay for Senior Staff Amid Economic Challenges

Tata Consultancy Services (TCS) has announced a reduction in the variable pay of its senior staff for the July-September quarter due to a challenging demand environment and economic uncertainties. This decision comes as the company navigates through a period of slower growth and market volatility. TCS Variable Pay Reduction Details TCS has linked the variable […]

Nov 9, 2024

Employment

SAP to Boost Investments and Hiring in India: CEO Christian Klein

SAP, the German software giant, has revealed plans to significantly increase its investments and hiring in India. CEO Christian Klein announced that the company will focus on leveraging India’s engineering talent and digitization efforts, aiming for “overproportional growth” in the country. Hiring Trends: Strategic Focus on India India is among the fastest-growing markets for SAP, […]

Nov 8, 2024

Employment

Apple Sees Employee Growth to 164,000 in 2024 Amid Layoffs

Apple has announced that its employee count has reached 164,000 full-time employees worldwide as of late September 2024. This marks a significant increase from the 161,000 employees reported in 2023, bringing the company’s workforce back to the same level as in 2022. Despite facing several rounds of smaller-scale layoffs throughout the year, Apple has managed […]

Nov 7, 2024

Employment

Akasa Air Boosts Workforce with 1,400 New Hires in FY24

Akasa Air, India’s fastest growing airline, has significantly expanded its workforce in the financial year 2023-24 (FY24), hiring 1,400 new employees and increasing its total workforce to 3,800. This rapid expansion is part of the airline’s strategy to strengthen its operations and support its growing network. Akasa Air Rapid Growth and Expansion Since its inception […]

Nov 6, 2024

Industry

Boeing Strike Ends with Acceptance of New Worker Contract

After a prolonged seven-week strike, Boeing workers have voted to accept a new contract offer, bringing an end to the work stoppage that had halted production of most of the company’s passenger planes. The decision to accept the contract was made by the International Association of Machinists and Aerospace Workers (IAM), which represents 33,000 Boeing […]

Nov 5, 2024

Industry

Microsoft Employees Criticize New Copilot Update

Microsoft employees have expressed significant dissatisfaction with the recent update to the company’s Copilot AI assistant, led by new AI head Mustafa Suleyman. The update, which was released on October 1, 2024, aimed to transform Copilot into a more conversational AI companion, but has faced criticism for being less functional compared to its previous version. […]

Nov 4, 2024

Industry

Tata Trusts Streamlines Operations: CFO and COO Roles Cut

Tata Trusts, the philanthropic organization at the heart of the Tata Group, is undergoing a significant internal restructuring exercise. The move aims to streamline operational and management expenses, enhance efficiency, and focus on core philanthropic missions. Streamlining Roles As part of the overhaul, Tata Trusts is eliminating the roles of Chief Financial Officer (CFO) and […]

Oct 28, 2024

Editorial

IT Industry: 5 Key Indicators of Revival in India’s Tech Sector

Based on the recent second-quarter Q2FY25 results released by Indian IT Industry like TCS, Infosys, HCLTech, Wipro, Tech Mahindra, LTIMindtree, etc., the industry is showcasing strong signs of revival compared to previous quarters. Here’s a breakdown of the key indicators: 1. Total Headcounts: Increase in Hiring The recent headcount figures from the second-quarter results of […]

Oct 25, 2024