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

Amazon Confirms Employee Data Hacked in MOVEit Breach

Nov 12, 2024

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 fo...

Compensation

Nov 9, 2024

Latest news: TCS Cuts Variable Pay for Senior Staff Amid Economic Challenges - SightsIn Plus

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 hir...

Employment

Nov 8, 2024

Latest news: SAP to Boost Investments and Hiring in India CEO Christian Klein - SightsIn Plus

Apple Sees Employee Growth to , in Amid Layoffs

Apple has announced that its employee count has reached , full-time employees worldwide as of ...

Employment

Nov 7, 2024

Latest news: Apple Sees Employee Growth to , in Amid Layoffs - SightsIn Plus

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

Industry

The Talent Crisis in India’s Renewable Energy Sector

India’s renewable energy sector is experiencing unprecedented growth, driven by ambitious targets to increase non-fossil energy production capacity to 500 GW by 2030 and achieve net-zero emissions by 2070. However, this rapid expansion has brought to light a significant challenge: a severe talent crunch. Major corporations such as Tata Power, Adani Green Energy, Reliance, and […]

Oct 21, 2024

Employment

TCS has deferred onboarding for lateral hires until Jan 2025

Tata Consultancy Services (TCS), one of the largest IT services companies, has recently deferred the onboarding of lateral hires from October 2024 to January 2025. This decision was communicated to candidates just days before their scheduled joining dates. Several prospective hires took to platforms like LinkedIn and FishBowl to share their experiences and express their […]

Oct 20, 2024

Industry

LTIMindtree Adds 2,500+ Employees in Q2FY25 Amid Growth

LTIMindtree, a global technology consulting and digital solutions company, has announced its consolidated financial results for the second quarter of fiscal year 2025 (Q2FY25). The company reported robust growth across various metrics, reflecting its strong market position and strategic initiatives. In this report, we understand the key highlights of LTIMindtree’s Q2FY25 performance. LTIMindtree Q2FY25 Results: […]

Oct 19, 2024

Industry

Tech Mahindra Sets Record with 6,653 New Hires in Q2FY25

Tech Mahindra, a leading IT services firm, added 6,653 net employees during the second quarter (Q2) of FY25, which ended September 30, 2024. This surge reflects the broader industry trend of IT companies ramping up hiring after a slowdown in FY24. The company’s headcount growth in Q2 was the highest among its top five peers, […]

Oct 19, 2024

Industry

Wipro Q2 FY25 Results: to Hire 3,000 Freshers Every Quarter

Bengaluru-based IT services major, Wipro, reported robust financial performance for the second quarter of FY25. Despite a challenging business environment, Wipro’s revenue remained resilient. In this report, we will be discussing the key highlights. Wipro’s net profit surged by an impressive 21.2% year-on-year (YoY), reaching ₹3,208.8 crore. This growth reflects the company’s effective cost management and […]

Oct 18, 2024

Industry

Infosys Q2FY25 Highlights: Performance & Hiring Trends

India’s second-largest IT services company, Infosys, yesterday released its financial results for the second quarter of fiscal year 2025 (Q2 FY25). Despite a dynamic business landscape, Infosys demonstrated resilience and growth. Infosys Q2 FY25 Results IT giants reported quarterly revenue of ₹40,986 crore, representing a robust 5.1% increase compared to the same period last fiscal […]

Oct 18, 2024

Editorial

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry insiders, the Big Four firms– Deloitte, PWC, EY, KPMG, and their shared services units in India are projected to hire around 1,00,000 people in FY25. Gross hiring for these companies stood at 88,000 in FY24. The Big Four accounting firms—Deloitte, PwC, EY, and KPMG—are currently on a […]

Oct 15, 2024