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: Jul 2023
Infosys headcount shrinks by 6,940 in Q1FY24, attrition dips
Industry

Infosys headcount shrinks by 6,940 in Q1FY24, attrition dips

Infosys, a global leader in next-generation digital services and consulting reported its Q1FY24 results on Thursday. It has delivered $4,617 million in Q1 revenues with year-on-year growth of 4.2% and sequential growth of 1.0% in constant currency. Large deal TCV for the quarter was at $2.3 billion, with net new of 56.1%. Operating margin for […]

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New Trends in Talent Acquisition in 2023
Industry

New Trends in Talent Acquisition in 2023

Talent acquisition deals with developing, implementing, and evaluating programs for sourcing, recruiting, hiring, and orienting talent. The Covid 19, remote working, and now implementation of Artificial intelligence (AI) have set new trends in talent acquisition in 2023. Deepanshu Anand, Leader- Internal hiring & Global onboarding at Ericsson has shared a LinkedIn post sharing the latest […]

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Why is Google restricting internet access to 2,500 employees?
Industry

Why is Google restricting internet access to 2,500 employees?

An American multinational technology company, Google is starting a new pilot program restricting some of its employees to use internet-free desktops. A Google spokesperson in an emailed statement said, “Ensuring the safety of our products and users is one of our top priorities,”. “We routinely explore ways to strengthen our internal systems against malicious attacks”, […]

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MIT is offering free online courses; Check details here
Industry

MIT is offering free online courses; Check details here

A coeducational, privately endowed research university, Massachusetts Institute of Technology (MIT) is offering multiple free online courses. MITx Courses MITx courses embody the inventiveness, openness, rigor, and quality that are hallmarks of MIT, and many use materials developed for MIT residential courses in the Institute’s five schools and 33 academic disciplines. Massachusetts Institute of Technology […]

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TCS plans to hire 40,000 freshers in FY24
Industry

TCS plans to hire 40,000 freshers in FY24

India’s largest IT giant, Tata Consultancy Services (TCS) plans to hire around 40,000 freshers this financial year. Hiring will be slightly below that in FY23, TCS has onboarded over 44,000 freshers in FY23 and its highest-ever number of experienced professionals. TCS CHRO said, “Hiring will be on the lower side, but that doesn’t mean that we are going […]

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Income Tax India update on linking PAN with Aadhaar
Industry

Income Tax India update on linking PAN with Aadhaar

Income Tax India has recently shared a tweet through the official Twitter handle on linking PAN with Aadhaar. The Income Tax India tweet said, “Dear Taxpayers, Concerns have been raised by certain NRIs/ OCIs regarding their PANs becoming inoperative, although they are exempted from linking their PAN with Aadhaar.” “Further, PAN holders, whose PANs have […]

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Pune-based company lost Rs 22 lakh in an email scam
Industry

Pune-based company lost Rs 22 lakh in an email scam

According to the reports of India Today, a Pune-based engineering company has lost 24,000 EUROS approximately more than Rs 22 lakh in an email scam. An FIR in the case was registered at Wanawadi police station last week by the founder and CEO of the Pune-based firm. Pune Police is investigating the case. The cybercriminals used a method known […]

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TCS starts onboarding laterals after fast-tracking verification
Industry

TCS starts onboarding laterals after fast-tracking verification

IT giant, Tata Consultancy Services (TCS) starts onboarding some of the lateral hires whose onboarded was earlier delayed for 3 months, from July to Oct this year. According to reports of TOI, In an email to the employees the company said, “As you commence your new journey, we are glad to invite you to attend the […]

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Tata Technologies launches InnoVent for Engineering Students, register
Industry

Tata Technologies launches InnoVent for Engineering Students, register

Tata Technologies, a global engineering and product development digital services company, announced the launch of Tata Technologies InnoVent, an innovation platform that provides young engineering students In India. It will train, mentor and recognize the best project teams, assisting them in realizing their full potential. If you’re a bold, creative thinker with a passion for innovation, the hackathon offers the […]

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Nearly one-third of HDFC Bank employees left in fiscal year 2023
Industry

Nearly one-third of HDFC Bank employees left in fiscal year 2023

An Indian banking and financial services company, HDFC Bank nearly one-third of its employees have left in fiscal year 2023. The Bank’s attrition rate is at around 30 percent. Additionally, for a few levels above the entry-level, the attrition rate is between 20 to 30 percent. The bank has witnessed the highest attrition at the […]

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PwC to TCS top scams that hit the companies in 2023; Check here
Industry

PwC to TCS top scams that hit the companies in 2023; Check here

According to reports, Around 66% of Indian companies have experienced at least one instance of economic crime and scams in the past two years, with the covid-19 pandemic prompting a significant increase in platform fraud. In 2023 companies have been layoffs, Hiring freezes, and apparently, scams also hit the companies. Here is the list of […]

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File ITR as govt not contemplating extension of July 31 deadline
Industry

File ITR as govt not contemplating extension of July 31 deadline

Revenue Secretary Sanjay Malhotra has asked income taxpayers to file their ITR at the earliest as the government is not contemplating an extension of the July 31 deadline. Sanjay Malhotra further said, “We would like to thank income tax return filers as ITR filing has been at a much faster pace than last year and we would […]

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