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Infosys, a global leader in digital services and consulting, has inaugurated a state-of-the-art deve...
JPMorgan Chase CEO Jamie Dimon has issued a stern warning to junior analysts, stating that those who...
Wipro, one of Indias leading IT services companies, has announced an average variable pay of fo...
Nestlé India, one of the country’s leading FMCG giants, has reported a 3.8% decline in its permanent workforce for the financial year 2024-25 (FY25). Despite the reduction in employee count, the company has significantly increased its capital expenditure (capex), focusing on expanding operational capabilities and strengthening its market presence. The workforce dip comes at a […]
Infosys has launched over 200 enterprise-grade AI agents as part of its Infosys Topaz™ AI suite. Developed in collaboration with Google Cloud’s Vertex AI platform, these agents are aimed at automating complex business processes across industries such as telecom, finance, healthcare, retail, manufacturing, and agriculture. The AI agents are designed to operate both independently and […]
India’s green economy is expanding rapidly, with projections indicating the creation of 7.29 million jobs by FY28 and 35 million by 2047. A recent report by NLB Services highlights the accelerating demand for sustainability-focused roles, driven by advancements in renewable energy, electric vehicles (EVs), sustainable infrastructure, and climate technology. The report also estimates that India’s […]
Air India is undergoing a major workforce transformation, aligning with its ambitious modernization and expansion goals. Since its privatization under the Tata Group, the airline has focused on rejuvenating its workforce, improving service quality, and ensuring operational efficiency. A key aspect of this transformation is the reduction in the average age of employees, alongside extensive […]
Cognizant has officially launched a 600-workforce strong TechFin Centre in Gujarat International Finance Tec-City (GIFT City), Gandhinagar, marking a strategic expansion in its Banking, Financial Services, and Insurance (BFSI) sector operations. The facility, inaugurated by Gujarat Chief Minister Bhupendra Patel, is expected to serve as a global hub for advanced technology solutions catering to Cognizant’s […]
HSBC UK has introduced a new policy linking employee bonuses to office attendance, marking a significant shift in its post-pandemic hybrid work strategy. The bank has informed its 24,000 retail and commercial banking employees that failure to meet the 60% in-office attendance requirement could impact their performance assessments and variable pay. The move comes as […]
Global IT services giant Accenture has announced a major promotion drive, set to elevate 15,000 employees in India in June 2025 as part of a broader global initiative. Over the course of FY25, the company plans to promote 43,000 employees in India, reinforcing its commitment to talent recognition and workforce development. The announcement was made […]
The global tech industry is witnessing another wave of mass layoffs in 2025, with over 61,000 jobs eliminated across 130 companies. Major players such as Microsoft, Google, Amazon, and IBM have announced significant workforce reductions, citing economic uncertainty, AI-driven restructuring, and slowing revenue growth as key factors. While each company has framed its layoffs as […]
Byju’s, once India’s most valued edtech startup, is facing severe financial distress, leaving employees unpaid and students without access to learning materials. Since entering insolvency proceedings in July 2024, the company has struggled to fulfill salary commitments and compensate affected students, despite repeated assurances from founder and CEO Byju Raveendran. With legal battles, investor disputes, […]
IT giant Capgemini has reaffirmed its dedication to environmental, social, and governance (ESG) principles by updating its ESG policy, originally established in 2021. This updated policy introduces a ninth priority focused on ethics, expanding upon the initial eight, and outlines 14 specific objectives aimed at fostering sustainable growth, responsible business practices, and corporate accountability. Significant […]
India’s leading IT firms, Infosys and Wipro, have reported a 30% increase in median employee salaries since FY21. While Tech Mahindra saw a modest increase, global firms like Cognizant and Accenture experienced more moderate hikes. However, the growth rate of annual increments is showing signs of cooling, influenced by factors such as competitive intensity, attrition, […]
Vedanta Ltd., one of India’s leading natural resources companies, has announced an ambitious plan to increase female representation in its workforce to 30% by 2030. The initiative is part of the company’s broader commitment to gender diversity, inclusion, and workplace transformation. With 28% of its leadership roles already held by women, Vedanta is setting a […]
