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: May 2020

Coronavirus

Cognizant offers the voluntary separation package for US employees

May 27, 2020

Raymond has fired hundreds of employees, since February

Textiles and apparel major Raymond has fired hundreds of employees across the board, since February....

Industry

May 27, 2020

Latest news: Raymond has fired hundreds of employees, since February - SightsIn Plus

Lakshya Digital to hire - more workforce in India

Lakshya Digital, Indias leading Game Art Services companies, has announced that it will be hiring ...

Industry

May 26, 2020

Latest news: Lakshya Digital to hire - more workforce in India - SightsIn Plus

Uber India Lays Off Employees Amid Slowdown

Uber India lays Off employees amid slowdown, a of total workforce , in the country Uber...

Coronavirus

May 26, 2020

Coronavirus

TVS Motor announces to cut staff salaries for six months

On 23 May 2020, Two-wheeler manufacturer TVS Motor Company has announced to cut the salaries of its employees starting this month, May 2020, as it grapples with a steep fall in sales, common across the industry. Though the company has clarified there will be no salary reduction at the workmen level. The company’s CEO, KN […]

May 26, 2020

Coronavirus

Tata Group top execs to take up to 20% salary cut

Tata Group top execs to take up to 20% salary cut in an effort to conserve cash For the first time in the Tata Group’s history, Tata Sons chairman N Chandrasekaran and Tata Group companies’ chief executive officers (CEOs) will take around a 20 percent compensation-cut in an effort to reduce the cost to tide over […]

May 25, 2020

Coronavirus

Snapdeal furloughs 50-55 staff whilst demand picks up

An Indian e-commerce company, Snapdeal has put about 7% of its full-time workforce, or 50-55 individuals on a three-month furlough, The e-commerce agency has 750 employees on its payroll whereas one other 800 of staff are on contract. A Snapdeal spokesperson confirmed the event without offering any details and stated in an emailed response, “In […]

May 25, 2020

Coronavirus

IBM confirms global layoffs, India employees hit with it too

IBM confirmed, it is cutting an unspecified number of jobs, but wouldn’t provide details related to location, departments, or the number of employees involved. The company framed it in terms of replacing people with more needed skills as it tries to regroup under new CEO Arvind Krishna. Several business media sites, including the Wall Street Journal and […]

May 23, 2020

Coronavirus

Cleartrip has laid off 400-500 employees

Cleartrip has laid off 400-500 employees. the company’s spokesperson said the Covid-19 crisis has caused severe business disruption in the travel industry. The spokesperson said, “we have had to reluctantly downsize our workforce. We are providing all necessary support to affected employees.” When TOI asked about the number of employees affected, the company declined to share details. It has around 1,000 employees. […]

May 23, 2020

Coronavirus

HCL to pay bonuses, no pay cuts, honour existing offers

IT firm, HCL has emphatically declared that despite the slowdown, and the economic impact of coronavirus, they will pay all promised bonuses all 150,000 employees, will honour the nearly 15,000 job offers already made to freshers, and no salary cuts for any employee. Apparao VV, Chief Human Resources Officer, HCL said that HCL won’t roll […]

May 22, 2020

Coronavirus

Indiabulls asked nearly 2000 employees to resign till 31 May

Indiabulls has asked nearly 2,000 employees to resign from the company. The Company, however, said this was part of the annual attrition cycle and claimed these were not lay-offs The Financial Services Group Indiabulls, On May 15, the group’s Indiabulls Housing Finance asked many of its employees to resign and consider May 31 as their […]

May 22, 2020

Culture & Behaviour

Remote Working Challenges and suggested solutions

“Working from home? Oh! it’s a holiday for you”. Many of us have heard this at different times, from family or friends. I for one, experienced this widely held belief within my social circle, whenever working from home was mentioned. This was of course, the Pre-COVID-19 world (as we knew it). Fast forward to Mar […]

May 22, 2020

Coronavirus

TCS top management takes pay cut as COVID-19 impact

TCS top management takes pay cut in financial year 2020 to conserve cash amid Covid-19 Tata Consultancy Services (TCS) has said in an annual report, Chief Executive Officer, Rajesh Gopinathan’s remuneration shrank 16.5% to INR 13.3 crore in 2019-20 compared to the previous fiscal. Gopinathan’s pay package is 214.65 times the median salary of TCS. In […]

May 21, 2020

Coronavirus

ShareChat lays off 25% of its workforce

Sharechat has recently laid off about 101 employees or 25% of its staff as the ongoing coronavirus pandemic impacts ad revenues According to an email sent to employees by Ankush Sachdeva, CEO of ShareChat, the advertisement market would remain unpredictable this year and the firm is streamlining its revenue teams to these new expectations. “We have to […]

May 21, 2020

Coronavirus

Ola to layoff 1,400 employees due to COVID-19 pandemic

Ola has announced the plan to conduct a mass lay-off, affecting around 1,400 of its employees The decision comes in light of the COVID-19 pandemic, which has resulted in lockdowns that have drastically affected the whole cab-aggregation business of the company. In a company blog post written by the CEO Bhavish Aggarwal, the co-founder of Ola Cabs, made it […]

May 20, 2020

Coronavirus

Livspace lays off 450 employees as coronavirus impacts

IKEA-backed home design and decor startup Livspace is laying off 15% of its workforce as the Covid-19 pandemic and resultant nationwide lockdown hit its business. The Bengaluru-based startup, Livspace Co-Founder and Chief Executive Officer Anuj Srivastava assured the impacted employees of severance pay along with an assistance package, as part of which every employee will receive a portion of […]

May 20, 2020