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: Aug 2024

Industry

Hyderabad Overtakes Chennai Cognizant New Global IT Hub

Aug 14, 2024

Capgemini Freshers Hiring for Exceller Program, Deadline Aug

Capgemini is seeking top technical graduates from premier engineering institutions to join our dynam...

Hiring

Aug 12, 2024

Cognizant Off-campus Mass Graduate Hiring, Deadline August

Cognizant has announced an exciting off-campus mass hiring drive, welcoming applications from candid...

Employment

Aug 12, 2024

Latest news: Cognizant Off-campus Mass Graduate Hiring, Deadline August - SightsIn Plus

HCLTech Walk-in Interviews, Hiring Any Graduate Postgraduate

HCLTech, a globally recognized technology and IT industry leader invites job applications from any g...

Hiring

Aug 10, 2024

Industry

Why Did Cognizant Cut 9,300 Jobs in One Year?

Cognizant Technology Solutions Corporation recently reported a 2.1% sequential revenue growth for the June 2024 quarter, despite a significant reduction in headcount. In Q2FY24, the company saw a decrease of 8,100 employees compared to the previous quarter. On a year-on-year basis, headcount dropped by 9,300 employees compared to Q2FY23. However, the company reported a good […]

Aug 9, 2024

Employment

IT Hiring Trends – FY25: Employee Matrix for April-June Quarter

In the recent April to June quarterly results, IT companies have reported their workforce changes. This article provides a consolidated overview of which firms have increased their headcounts and which have decreased them, reflecting their strategic adjustments during this period and hiring trends for FY25. Company Q1FY24 Q4FY24 Q1FY25 TCS 6,15,318 6,01,546 606,998 Infosys 3,36,294 […]

Aug 5, 2024

Industry

Deloitte India Sets Its Ambitious Growth Plan by 2027

Deloitte India has set a bold goal to double its annual revenue to ₹20,000 crore by 2027, aiming to become the first among the Big Four firms to achieve this milestone, according to Economic Times. Romal Shetty, Deloitte’s CEO for South Asia, shared this target in an interview with ET. The firm surpassed ₹10,000 crore […]

Aug 5, 2024

Industry

Telecom Compensation Trends in FY25: Hikes Moderate to 9%

In fiscal year 2025, salary hikes within the broad telecom sector have tapered down to an average of 9%. This shift comes after a talent war that drove increments to record highs two years ago has now subsided, and the demand for mobile phones has slowed down. Munira Loliwala, VP (Strategy & Growth) at staffing […]

Jul 29, 2024

Industry

Generative AI Set to Transform Software Workforce: Capgemini

The software industry is on the cusp of a transformative shift as generative AI (Gen AI) gains prominence. According to the latest report from the Capgemini Research Institute, Gen AI is set to revolutionize software design, development, and testing. This is going to free up valuable time for software professionals and will boost collaboration across teams. […]

Jul 29, 2024

Industry

TCS iON offers a 15-day free digital certification program; Apply

Are you looking to boost your career prospects in the ever-evolving digital landscape? Look no further than TCS iON, a strategic Tata Consultancy Services business unit that offers a 15-day free digital certification program. TCS iON Career Edge – Young Professional is a free-to-access 15-day career preparedness course designed to equip today’s youth with core employability skills […]

Jul 27, 2024

Industry

Shifting Trends: Younger, Educated Women Workforce

The world of work is evolving, and women are at the forefront of this transformation. From breaking barriers to driving economic growth, they’ve made their mark. But challenges persist. Let’s explore recent policies and initiatives shaping the future for women in the workforce. The Union Budget 2024-25 was unveiled on July 23, 2024. In her […]

Jul 25, 2024

Industry

Union Budget 2024-25: Key HR Takeaways, and Industry Reactions

Finance Minister Nirmala Sitharaman presented her record seventh consecutive Union Budget 2024-25 today, July 23, during the Budget Session of Parliament, focusing on economic growth, fiscal stability, and development initiatives. The Budget 2024-25 holds promises and significance for HR leaders in many ways as organizations are grappling with work dynamics, talent management, and technological disruptions. […]

Jul 23, 2024

Industry

LTIMindtree Q1 FY25 Highlights: Key HR Insights, and Trends

Larsen and Toubro group company, LTIMindtree, a prominent player in IT services, has recently announced its financial performance for the first quarter of fiscal year 2025. Here are the key highlights: Workforce Metrics In Q1FY25, the company’s headcount fell to 81,934 from 82,738 in Q1FY24 but rose from 81,650 in Q4FY24, reflecting adjustments amid an […]

Jul 23, 2024

Industry

Hiring Trends in IT Industry – FY25: Campus, Lateral, GCCs Hiring

The IT industry, a dynamic and ever-evolving sector, faced challenges in hiring in the last financial year. However, Q1FY25 Results have witnessed significant developments in the IT sector. TCS and Wipro have added a significant number of employees in Q1FY25. However, Infosys and HCLTech reported a reduction in employees in the first quarter. Total Headcount […]

Jul 22, 2024

Employment

Larsen & Toubro: L&T expands workforce, explore job opportunities

Recently, Larsen & Toubro (L&T) Chief Financial Officer R Shankar Raman said that the engineering major has increased its workforce by 10 percent in the past year, adding close to 8,000 people in 2023-24, and plans to keep expanding its workforce till 2025-26. Between December 2022 and 2023, L&T increased its workforce in the main […]

Jul 20, 2024

Industry

Wipro Q1 FY25 Highlights: Added 337 Employees in Q1

Wipro Limited, a leading technology services and consulting company, has released its financial results for the first quarter of FY2025. Despite industry challenges, Wipro’s performance reflects both resilience and strategic adjustments. Wipro Q1 FY2024 Highlights Wipro’s Q1 FY2024 revenue reached ₹22,310 crore, showing growth from the same period last year. The company reported a profit […]

Jul 19, 2024