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
Foxconn Invests $230 Million in Worker Housing in Tamil Nadu
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 […]

Read Story
Big 4 Giants Deloitte & EY Lay Off Employees Amid Challenges
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 […]

Read Story
Satcom Services to Drive Major Hiring in Indian Telecom
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 […]

Read Story
DPIIT: Startups Generate 1.6 Million Jobs Across Sectors
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 […]

Read Story
Deloitte Announces Cost-Cutting Measures After Year of Upheaval
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 […]

Read Story
Infosys Ex-CFO Mohandas Pai Highlights Salary Inequality
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 […]

Read Story
TCS iON Offers Free Digital Certification Course; Register Here
Industry

TCS iON Offers Free Digital Certification Course; Register Here

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 […]

Read Story
Fintech Job Surge: India to Add Over 300,000 Roles
Industry

Fintech Job Surge: India to Add Over 300,000 Roles

India’s fintech industry is set to experience significant job growth, with projections indicating the addition of over 300,000 jobs in the coming years. The widespread adoption of digital payments, blockchain innovations, and the growth of open banking systems drive this surge. Indian fintech firms have attracted significant investment, with over $28 billion raised through 1,486 […]

Read Story
Infosys Opened New Kolkata Development Center for 4,000 People
Employment

Infosys Opened New Kolkata Development Center for 4,000 People

On December 18, Infosys, a global IT and consulting leader, opened a 320,000-square-foot development center in Kolkata, West Bengal. Built with an investment exceeding INR 426 crore, the facility is designed to host over 4,000 employees in a hybrid work model. It will support work on advanced technologies such as cloud computing, artificial intelligence, and […]

Read Story
Accenture Beats Estimates, Added 25000 Employees in Q1FY25
Industry

Accenture Beats Estimates, Added 25000 Employees in Q1FY25

Accenture reported a robust start to fiscal year 2025 with revenues reaching $17.7 billion, a notable increase of 9% in U.S. dollars and 8% in local currency compared to the first quarter of fiscal 2024. The company’s GAAP diluted earnings per share (EPS) stood at $3.59, marking a 16% increase over the first quarter of […]

Read Story
Biden Govt Relaxes H-1B Visa Rules: Impact on IT Industry?
Employment

Biden Govt Relaxes H-1B Visa Rules: Impact on IT Industry?

The outgoing Biden administration has introduced changes to H-1B visa rules, easing the process for U.S. companies to employ foreign workers with specialized skills. These updates also simplify the transition for F-1 student visa holders to H-1B visas, benefiting many Indian professionals in the tech sector. H-1B visas are crucial for U.S. companies, especially in […]

Read Story
Tata Steel Launches First All-Women Shift in Indian Mining History
Industry

Tata Steel Launches First All-Women Shift in Indian Mining History

Tata Steel has launched an all-women shift at its Noamundi iron mine in Jharkhand, marking a significant milestone as the first initiative of its kind in India. This move is part of Tata Steel’s broader mission to promoting gender diversity and empowering women in traditionally male-dominated industries. Tata Steel All-Women Shift Initiative The all-women shift […]

Read Story