Movement: HR News, Trends & Workplace Insights

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

Updated on: Sep 2024

C-Suite Move

Zomato Co-Founder Akriti Chopra Resigns After Years

Sep 28, 2024

OpenAI CTO Mira Murati Resigns Amidst Company Restructuring

In a surprising turn of events, Mira Murati, the Chief Technology Officer CTO of OpenAI, announced...

C-Suite Move

Sep 26, 2024

Latest news: OpenAI CTO Mira Murati Resigns Amidst Company Restructuring - SightsIn Plus

Tupperware Faces Financial Edge Prepares Filing for Bankruptcy

Tupperware Brands, the iconic home-goods company known for its food storage containers, is on the br...

Movement

Sep 17, 2024

Latest news: Tupperware Faces Financial Edge Prepares Filing for Bankruptcy - SightsIn Plus

X Global Affairs Head Nick Pickles Resigns After a Decade

Nick Pickles, the Vice President of Global Affairs at X formerly known as Twitter, has announced h...

C-Suite Move

Sep 7, 2024

Latest news: X Global Affairs Head Nick Pickles Resigns After a Decade - SightsIn Plus

CHRO Move

Zee Media Chief Human Resources Officer Pooja Steps Down

In a significant development, Pooja Duggal, the Chief Human Resources Officer (CHRO) at Zee Media, has decided to step down from her position. Her departure marks the end of a tenure that began in May 2023 and spanned over 20 years of diverse HR experience across various industries. A Stalwart in HR Leadership Pooja Duggal […]

Sep 7, 2024

Movement

Nykaa Sues Ex-Executive Gopal Asthana, Now CEO of Tata Cliq

Nykaa, a prominent beauty and fashion product retailer in India, has taken legal action against its former Chief Business Officer (CBO), Gopal Asthana. Gopal, who now heads Tata Cliq’s fashion business, is accused of breaching confidentiality, misappropriating proprietary data, and attempting to harm Nykaa’s business. The lawsuit sheds light on the competitive dynamics within the […]

Sep 6, 2024

Merger & Acquisition

Capgemini Acquires Syniti; Boosting Data Transformation

In a strategic move aimed at enhancing its data-led solutions, global IT services giant Capgemini has announced the signing of an agreement to acquire Syniti, a leader in enterprise data management software and services. This acquisition is set to reshape the landscape of data management, particularly within the SAP ecosystem, and promises enhanced capabilities for data-driven transformations. Capgemini […]

Aug 31, 2024

C-Suite Move

Meet Rajesh Varrier to be Chairman & MD, Cognizant in India

Cognizant recently announced the appointment of Rajesh Varrier as Global Head of Operations, effective September 2, 2024. Additionally, he will assume the role of Chairman and Managing Director, India on October 1, 2024, succeeding Rajesh Nambiar, who is leaving Cognizant to become the president of NASSCOM. Varrier will serve as an Executive Vice President, reporting […]

Aug 29, 2024

Movement

The Rise of Women in Corporate Boards; Programs for Executives

In a corporate landscape traditionally dominated by men, Indian women are rewriting the script. Armed with determination and a thirst for change, they are enrolling in specialized programs designed to make them “board-ready.” These initiatives, offered by academic institutions, consulting firms, and private organizations, provide essential skills, mentorship, and networking opportunities. The Rise of Women […]

Aug 27, 2024

Hiring

Wipro New Facility in Rajasthan; A Boost in Jobs

In a significant development, Wipro Hydraulics—a subsidiary of Wipro Enterprises—has inaugurated its sixth manufacturing facility in Jaipur, Rajasthan. This state-of-the-art plant, built with an investment of approximately Rs 250 crore, promises to play a pivotal role in Wipro Hydraulics’ expansion strategy, both in the domestic and international markets. The New Facility The facility is strategically […]

Aug 24, 2024

C-Suite Move

Sreela Venkatraman Quits Tesla; high-pressure environment cited

In a surprising turn of events, Tesla Vice President – Finance and Business Operations, Sreela Venkatraman, has bid farewell to the electric vehicle (EV) giant after an impressive 11-year tenure. Her departure comes as part of a series of senior executive exits from the company, raising eyebrows and prompting discussions about the challenges of working […]

Aug 23, 2024

Labour Law

Tech Firm Five9 Faces Tough Choices; Layoffs Announced

Five9, a San Ramon-based contact center products vendor, has recently announced workforce reduction. The company has decided to lay off approximately 7 percent of its workforce. This move comes as part of the company’s broader efforts to drive balanced, profitable growth and increase shareholder value. The Layoff Announcement by Five9 In an email to employees, […]

Aug 23, 2024

C-Suite Move

CFOs Take Center Stage; The New Decision-Makers at IT Firms

India’s top IT Firms experiencing a wave of leadership changes, with at least nine prominent companies appointing new Chief Financial Officers (CFOs) in the past 12 months. This trend comes on the heels of CEO exits and other leadership transitions that occurred in major IT firms during 2023. While some CFO appointments were driven by […]

Aug 22, 2024

Movement

Cognizant Strategic Shift: Nambiar’s Exit, Varrier’s Dual Role

In a surprising turn of events, Rajesh Nambiar, Chairman and Managing Director (CMD) of Cognizant India, has announced his resignation. Nambiar, who held this pivotal position for less than a year, is set to embark on a new journey—one that will significantly impact the Indian IT landscape. Meanwhile, Cognizant has swiftly appointed a successor to […]

Aug 22, 2024

Industry

Former Tech Mahindra Executive Jagdish Launches Humanize

On August 21, 2024, Jagdish Mitra, the former India business head of Tech Mahindra, made waves in the tech industry by launching Humanize—a generative AI IP-powered Software-as-a-Service (SaaS) startup. Just four months after bidding adieu to the IT services giant, Jagdish embarked on an entrepreneurial journey that promises to revolutionize how businesses leverage artificial intelligence. […]

Aug 22, 2024

Industry

Hyderabad Overtakes Chennai: Cognizant New Global IT Hub

In a strategic move that shows the changing landscape of India’s IT industry, Hyderabad has quietly dethroned Chennai to become Cognizant largest global center. This shift signals a pivotal moment for the Nasdaq-listed IT giant. It emphasizes its focus on growth and innovation within the country. Cognizant The Numbers Speak Chennai vs. Hyderabad: Sources reveal […]

Aug 14, 2024