Jobs: HR News, Trends & Workplace Insights

Explore the latest Jobs news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Jun 2020
Renault India gives 15% hike & promotions despite crisis
Coronavirus

Renault India gives 15% hike & promotions despite crisis

Despite the lockdown due to coronavirus pandemic, French car manufacturer, Renault India is giving a pay hike of 15% to its employees and promotions for the fiscal year 2021. The company is giving the pay hike to 250 employees and promotions to over 30 executives, with effect from August 2020. The salary hike of Renault […]

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Cognizant to pay $5.7m in the class-action suit
Jobs

Cognizant to pay $5.7m in the class-action suit

Cognizant has agreed to pay $5.7 million compensation to former employees for underpaid overtime hours IT giant Cognizant has agreed to pay its former employees $5.7 million to compensate them for unpaid overtime hours after they reached a class-action settlement agreement. According to a report in the Times of India, Cognizant’s former employee Debi Mishra and other […]

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Atlas Cycles shuts down Sahibabad unit, laid off all workforce
Industry

Atlas Cycles shuts down Sahibabad unit, laid off all workforce

After years of losses incurred from its Sahibabad factory in Uttar Pradesh, Atlas Cycles has decided to shut down the unit on 1 Jun 2020. After consideration of the above matter and detailed deliberations, the board of directors of the company has resolved to close the Sahibabad unit and the company informed the National Stock […]

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Motilal Oswal announces bonuses and promotions to staff
Coronavirus

Motilal Oswal announces bonuses and promotions to staff

Motilal Oswal Financial Services has announced the payment of bonuses and performance-linked variable pay to the entire 6,000-plus employees of the group. Sudhir Dhar, Executive Director – Group CHRO at Motilal Oswal Financial Services Ltd said, “It gives immense satisfaction and comfort that we’ve been able to announce the bonus and promotions even during this lockdown.” He also […]

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Dixon Technologies plans to hire 2,500 in 9 months
Industry

Dixon Technologies plans to hire 2,500 in 9 months

Dixon Technologies plans to invest Rs 250 crore and hire 2,500 people in the next 8-9 months under Product Linked Incentive (PLI) Dixon Technologies plans to invest Rs 250 crore and hire 2,500 people in the next 8-9 months to expand operations to take advantage of the Product Linked Incentive (PLI) scheme. On April 1, the […]

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COVID-19: GMR Group cuts employees’ salaries up to 50%
Coronavirus

COVID-19: GMR Group cuts employees’ salaries up to 50%

GMR Group cuts employees’ salaries by up to 50% due to Covid-19, The reduction in compensation is maximum at the highest level. Battling against COVID-19 pandemic, diversified conglomerate GMR Group has revised downwards employees’ salaries by up to 50 percent with effect from May 2020. The reduction in compensation is maximum at the highest level. The Bengaluru-based […]

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MakeMyTrip is laying off about 350 employees
Coronavirus

MakeMyTrip is laying off about 350 employees

MakeMyTrip announced that it is laying off about 350 employees due to the global travel ban because of the COVID-19 pandemic. Gurugram based, online travel aggregator MakeMyTrip is laying off around 350 employees, or 10% of its workforce, citing business slowdown due to the global travel restrictions to combat the spread of COVID-19. Group Executive […]

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Infosys to cut senior-level roles to flatten the structure
Jobs

Infosys to cut senior-level roles to flatten the structure

Infosys to cut senior-level roles to flatten the structure in a staggered manner in order to ensure faster decision making and flatten the organization. According to a TOI report, Infosys would trim the workforce at senior levels of job level (JL) 7 and above as well as those in the ranks of delivery managers, AVPs, […]

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Zomato brings out Talent Directory to help its laid-off employees find a new job
Coronavirus

Zomato brings out Talent Directory to help its laid-off employees find a new job

After global firms like Uber, Airbnb, homegrown food delivery major, Zomato brings out a unique Talent Directory to help its laid-off employees find a new job. Talent Directory is a live list of the laid-off employees to assist the recruitment agencies, hiring managers to browse some of the talented individuals who have worked with Zomato through […]

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Tata Steel to honour all job offers to new hires
Coronavirus

Tata Steel to honour all job offers to new hires

Tata Steel has confirmed that it will honour all job offers made to new hires. The company has conducted online onboarding of 96 officers, including management trainees over the months of April and May. “We have ensured that all the candidates that accepted their offers for jobs were on-boarded on the date committed to them,” […]

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Accenture gives bonuses & promotions to its staff
Coronavirus

Accenture gives bonuses & promotions to its staff

Accenture has paid bonuses and given promotions to a large section of its employees The time when several industries have deferred or suspended pay hikes and promotions, IT and professional services company Accenture has paid bonuses and given promotions to a large section of its employees. According to an ET report, the payouts have been made over the past few weeks to more than […]

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Deloitte to Lay Off 5% of its US Workforce
Coronavirus

Deloitte to Lay Off 5% of its US Workforce

Deloitte to cut 5% of its US workforce amid a slowdown in business caused by the national shutdown in response to the coronavirus pandemic. Job cuts were announced in all-staff calls by the CEOs of the firm’s various divisions. Dan Helfrich, Chairman, and CEO – Deloitte Consulting said on Friday that the cuts will affect […]

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