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: Dec 2024
Zepto Founder Advocates for Quick Commerce as a Job Creator
Industry

Zepto Founder Advocates for Quick Commerce as a Job Creator

Aadit Palicha, the founder of Zepto, recently addressed concerns surrounding the impact of quick commerce on traditional kirana stores. Contrary to the belief that quick commerce could disrupt these small, family-owned businesses, Aadit asserted that this emerging sector would actually create more employment opportunities, potentially surpassing the job creation capabilities of even the Indian Railways. […]

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Cognizant Top Leadership Team has the Majority of Indian People
Editorial

Cognizant Top Leadership Team has the Majority of Indian People

Cognizant, an American multinational IT services and consulting company, features a diverse leadership team of majority Indian executives, showcasing its strategic emphasis on leveraging Indian talent and expertise. Notably, over 70% of Cognizant’s global workforce is based in India, underscoring the country’s central role in the company’s operations and success. Key Indian Leaders at Cognizant […]

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PLI Scheme for Power Transmission Sector by End of FY25
Industry

PLI Scheme for Power Transmission Sector by End of FY25

To boost the power transmission sector, the Indian government is launching a Production Linked Incentive (PLI) scheme. This will be done by the end of the financial year 2025. The scheme aims to attract investment, enhance manufacturing capabilities, and ensure the efficient transmission of electricity across the country. Objectives and Expected Benefits of the PLI […]

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Callus Company Partners with Top Universities to Build Talent Pool
Employment

Callus Company Partners with Top Universities to Build Talent Pool

Callus Company, a South Korean startup focused on connecting young talent to global markets, has announced an ambitious plan. They aim to build a talent pool of 1,00,000 candidates in India by 2026. This initiative is part of the company’s broader strategy to empower Indian students and professionals. It aims to provide competitive salaries and […]

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Adani Group to Create 15,000 Jobs with $10bn Investment in US
Employment

Adani Group to Create 15,000 Jobs with $10bn Investment in US

Gautam Adani, Chairman of the Adani Group, announced a massive investment of $10 billion in US energy and infrastructure projects. This plan aims to create up to 15,000 jobs, marking a major step bolster economic ties between India and US. Adani Group: Commitment to Job Creation & Investment Details Adani revealed the investment plans in […]

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Swiggy IPO: 500 Employees Join the Crorepati Club
Industry

Swiggy IPO: 500 Employees Join the Crorepati Club

Swiggy, India’s leading food-tech company, has made headlines with its recent Initial Public Offering (IPO), which has turned around 500 of its employees into ‘crorepatis’ (millionaires). The IPO, which raised a staggering ₹11,327 crore, is one of the largest in recent years and has unlocked an estimated ₹9,000 crore in Employee Stock Ownership Plan (ESOP) […]

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Amazon Confirms Employee Data Hacked in 2023 MOVEit Breach
Industry

Amazon Confirms Employee Data Hacked in 2023 MOVEit Breach

Amazon has confirmed that a massive data breach has compromised employee information, marking the largest cyberattack of 2023. The breach, which occurred in May 2023, involved data stolen from a third-party vendor and has affected millions of employees worldwide. The MOVEit Breach and Response from Amazon The cyberattack exploited a zero-day vulnerability in the MOVEit […]

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TCS Cuts Variable Pay for Senior Staff Amid Economic Challenges
Compensation

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 for the July-September quarter due to a challenging demand environment and economic uncertainties. This decision comes as the company navigates through a period of slower growth and market volatility. TCS Variable Pay Reduction Details TCS has linked the variable […]

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SAP to Boost Investments and Hiring in India: CEO Christian Klein
Employment

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 hiring in India. CEO Christian Klein announced that the company will focus on leveraging India’s engineering talent and digitization efforts, aiming for “overproportional growth” in the country. Hiring Trends: Strategic Focus on India India is among the fastest-growing markets for SAP, […]

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Apple Sees Employee Growth to 164,000 in 2024 Amid Layoffs
Employment

Apple Sees Employee Growth to 164,000 in 2024 Amid Layoffs

Apple has announced that its employee count has reached 164,000 full-time employees worldwide as of late September 2024. This marks a significant increase from the 161,000 employees reported in 2023, bringing the company’s workforce back to the same level as in 2022. Despite facing several rounds of smaller-scale layoffs throughout the year, Apple has managed […]

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Akasa Air Boosts Workforce with 1,400 New Hires in FY24
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 […]

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Boeing Strike Ends with Acceptance of New Worker Contract
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 […]

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