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: Jan 2025

Industry

Tech Mahindra Q FY Headcount declined by , employees

Jan 17, 2025

Wipro Q FY Decline in Headcount and Increased Attrition

Wipro Ltd, one of Indias leading IT services companies, reported a . year-on-year increa...

Industry

Jan 17, 2025

Latest news: Wipro Q FY Decline in Headcount and Increased Attrition - SightsIn Plus

Infosys CEO Addresses Low Salary Hikes and Toxic Work Culture

Infosys CEO Salil Parekh recently addressed concerns over low salary hikes and toxic work culture cl...

Compensation

Jan 17, 2025

Latest news: Infosys CEO Addresses Low Salary Hikes and Toxic Work Culture - SightsIn Plus

Infosys Reports Strong QFY Results with Focus on Fresh Hiring

Infosys, one of Indias leading IT services companies, announced its Q FY results on Januar...

Industry

Jan 16, 2025

Latest news: Infosys Reports Strong QFY Results with Focus on Fresh Hiring - SightsIn Plus

Industry

Rising Female Leaders in the Semiconductor Industry

The semiconductor industry is witnessing a significant shift as more women take on leadership roles, reshaping the landscape of this critical sector. This change is driven by a combination of increased awareness of gender diversity, targeted initiatives by companies, and the growing recognition of the unique perspectives and skills women bring to the table. Rising […]

Jan 14, 2025

Industry

HCLTech Adds 2,134 Employees in Q3FY25; Attrition on the Rise

On January 13, 2025, HCLTech reported robust financial results for the third quarter of FY25. The company’s revenue reached ₹29,890 crore, marking a 5.1% increase year over year (YoY) and a 3.6% increase quarter over quarter (QoQ). Net profit for the quarter stood at ₹4,591 crore, reflecting a 5.5% YoY increase and an 8.4% QoQ […]

Jan 14, 2025

Industry

Meta Faces Internal Revolt Over Hateful Conduct Policy Changes

Meta, the parent company of Facebook and Instagram, is facing significant backlash over recent changes to its Hateful Conduct policy. The updated policy, announced by CEO Mark Zuckerberg, has sparked outrage among employees and advocacy groups, who argue that it undermines protections for marginalized communities and promotes hate speech. Meta Policy Changes and Justifications The […]

Jan 11, 2025

Industry

TCS Targets 40,000 Trainees in 2026 to Minimize H-1B Visa Use

Tata Consultancy Services (TCS), India’s largest IT services firm, has announced ambitious plans to significantly reduce its dependence on US H-1B visas. As part of this strategy, TCS aims to hire 40,000 trainees this year, with plans to onboard even more fresh graduates in 2026. This move is expected to bolster the company’s local workforce […]

Jan 10, 2025

Industry

TCS Q3 FY25: Headcount Drops 5,370, Profit and Revenue Grow

Tata Consultancy Services (TCS), India’s largest IT services firm, reported a decline in its headcount by 5,370 employees in the third quarter of the fiscal year 2025 (Q3 FY25), reversing two consecutive quarters of growth. The company’s total headcount now stands at 607,354 as of December 31, 2024. TCS Financial Performance in Q3 FY25 TCS […]

Jan 9, 2025

Editorial

Strong Job Growth and Salary Increases Expected in IT Sector

India’s IT sector is on track for significant growth, with new job opportunities projected to rise by 20% in 2025, according to FirstMeridian Business Services. This follows a 17% increase in 2024, fueled by the demand for digital services and specialized tech roles. Emerging positions such as application developers, software engineers, DevOps engineers, AI specialists, […]

Jan 4, 2025

Industry

Foxconn Invests $230 Million in Worker Housing in Tamil Nadu

Foxconn, the Taiwanese contract manufacturer known for assembling iPhones, has completed its $230 million project to build dormitories for workers at its Sriperumbudur plant in Tamil Nadu. This initiative aims to provide enhanced accommodation for its predominantly female workforce, improving their quality of life and operational efficiency. Foxconn Project Overview The dormitory complex, spread over […]

Dec 31, 2024

Industry

Big 4 Giants Deloitte & EY Lay Off Employees Amid Challenges

Deloitte and EY, two leading consulting firms, are reducing employees and restructuring operations as weakened demand for advisory services reflects broader economic uncertainty. Workforce Reductions Amid Declining Demand Deloitte and EY, two of the largest professional services firms, are cutting jobs as demand for consulting and advisory services declines. Deloitte recently laid off 250 UK-based […]

Dec 27, 2024

Hiring

Satcom Services to Drive Major Hiring in Indian Telecom

The burgeoning satellite communication (satcom) sector is poised to trigger a significant hiring surge in the Indian telecom industry. Major players like Elon Musk’s Starlink, Amazon’s Kuiper, Bharti-backed Eutelsat OneWeb, and the Reliance Jio-SES joint venture are entering the satcom race. As a result, the demand for highly skilled talent in space technologies is expected […]

Dec 26, 2024

Employment

DPIIT: Startups Generate 1.6 Million Jobs Across Sectors

Department for Promotion of Industry and Internal Trade (DPIIT) has revealed that startups in India have created over 1.6 million jobs. This report reflects the vital role startups play in the country’s economy, contributing to various sectors such as fintech, edtech, health-tech, and e-commerce. DPIIT Report on Startups: Gender Inclusivity & Global Reach India’s startup […]

Dec 26, 2024

Industry

Deloitte Announces Cost-Cutting Measures After Year of Upheaval

Deloitte, one of the Big Four accounting firms, is once again tightening its belt after a tumultuous year marked by reorganization and cost-cutting measures. The firm has announced plans to reduce spending on staff travel and expenses by over 50% for the remainder of the financial year, a move aimed at navigating the challenging market […]

Dec 24, 2024

Compensation

Infosys Ex-CFO Mohandas Pai Highlights Salary Inequality

Mohandas Pai, former CFO of Infosys and current Chairman of Aarin Capital, has raised a critical issue regarding the growing wage disparity in India’s IT sector. In a recent statement, Mohandas highlighted the stark contrast between the salaries of top executives and entry-level employees. He called for urgent reforms to address this imbalance. Infosys Ex-CFO […]

Dec 23, 2024