News: HR News, Trends & Workplace Insights

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Updated on: May 2025
PwC to Lay Off 1,500 Employees in U.S. Amid Strategic Shift
Layoffs

PwC to Lay Off 1,500 Employees in U.S. Amid Strategic Shift

PricewaterhouseCoopers (PwC), one of the Big Four accounting firms, has announced plans to lay off approximately 1,500 employees in the United States. The job cuts account for around 2% of the firm’s 75,000-strong U.S. workforce, according to a company spokesperson who spoke to Reuters. “This was a difficult decision, and we made it with care, […]

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EPFO has Launched PRAYAAS Programme
EPFO

EPFO has Launched PRAYAAS Programme

The Employees’ Provident Fund Organisation (EPFO) has rolled out a new initiative titled “PRAYAAS” – Prioritizing Pensioners – to streamline the pension disbursement process for its members. The programme is designed to ensure that retiring members of the Employees’ Pension Scheme (EPS) receive their Pension Payment Orders (PPOs) on the day of their retirement itself. […]

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Amazon Salary Overhaul: Who Benefits and Who Loses?
Compensation

Amazon Salary Overhaul: Who Benefits and Who Loses?

Amazon has announced a major overhaul of its compensation model, shifting its focus toward rewarding long-time top performers while reducing payouts for first-time high achievers. The revised salary structure, which takes effect in 2025, aims to distinguish between employees with sustained excellence and those with fluctuating performance records. Under the new guidelines, veteran employees who […]

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L&T Launches Diverse Internship Programs for 2025
Employment

L&T Launches Diverse Internship Programs for 2025

Larsen & Toubro (L&T), a leading Indian multinational conglomerate, has unveiled a comprehensive suite of internship programs for 2025, aiming to provide students with hands-on experience across various sectors. These programs are tailored for students in engineering, management, and other disciplines, offering them a platform to apply their academic knowledge in real-world scenarios. Diverse Internship […]

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BSNL Workforce Shake-Up: 800+ Executives Moved
Employment

BSNL Workforce Shake-Up: 800+ Executives Moved

State-controlled Bharat Sanchar Nigam Limited (BSNL) has undertaken a major executive reshuffle, transferring 839 executives across various departments. The move, announced on May 2, 2025, aims to fill revenue-generating roles on priority, ensuring operational efficiency and business growth. While BSNL cites promotions, long tenure at current locations, and employee requests as reasons for the transfers, […]

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SBI to Hire 18,000 Employees Across Departments in FY26
Hiring

SBI to Hire 18,000 Employees Across Departments in FY26

State Bank of India (SBI), India’s largest lender, has announced plans to hire 18,000 employees in FY26, marking its biggest recruitment drive in a decade. The initiative, led by Chairman C S Setty, aims to strengthen SBI’s workforce across core banking and technology roles, ensuring the bank remains competitive in an evolving financial landscape. The […]

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Goldman Sachs Offers Summer Internship 2025 in India
Employment

Goldman Sachs Offers Summer Internship 2025 in India

Goldman Sachs is now accepting applications for its 2025 Summer Internship Program. This program offers students an opportunity to gain hands-on experience across various divisions within the firm In India, internship opportunities are available in Bengaluru and Hyderabad, depending on the division. Applications are now open for select divisions, including Asset Management, Executive Office, FICC […]

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Oracle to Skill 4 Lakh Students in AP, Boosting Employability
Employment

Oracle to Skill 4 Lakh Students in AP, Boosting Employability

Oracle has partnered with the Andhra Pradesh State Skill Development Corporation (APSSDC) to train 4 lakh students across the state. The collaboration is designed to enhance employability by providing free access to Oracle’s MyLearn digital platform, offering structured learning in AI, cloud computing, data science, cybersecurity, and other emerging technologies. This initiative aligns with Andhra […]

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Microsoft in India Offers Internship Opportunities, Details Inside
Employment

Microsoft in India Offers Internship Opportunities, Details Inside

Microsoft has officially launched its Internship Program for 2025, inviting applications from fresh graduates and students eager to kickstart their careers with real-world experience. This is a unique opportunity to join one of the world’s leading tech giants, earn a competitive paycheck, and work on innovative live projects that shape the future. As an intern, […]

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AXISCADES Appoints Ravikumar Joghee as CSO & CMO
Appointments

AXISCADES Appoints Ravikumar Joghee as CSO & CMO

AXISCADES Technologies Ltd. has appointed Ravikumar Joghee as its new Chief Strategy & Marketing Officer. CEO and MD, Alfonso Martinez, highlighted Ravi’s strong background in growing businesses with higher profit margins and building skilled teams. With AXISCADES moving into complete product development—from semiconductor design to final output—Ravi’s experience will be a key part of this […]

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TCS Full Variable Pay to 70% Workforce; Senior Cuts Persist
Compensation

TCS Full Variable Pay to 70% Workforce; Senior Cuts Persist

Tata Consultancy Services (TCS), India’s largest IT services company, has paid out 100% of the Quarterly Variable Allowance (QVA) to over 70% of its employees for the January–March 2025 quarter. The company stated that variable payouts for other employees were based on individual business unit performance, maintaining its standard practice across quarters. However, reports suggest […]

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Deloitte Hiring Without College Degrees: Skills- Based Hiring
Hiring

Deloitte Hiring Without College Degrees: Skills- Based Hiring

Deloitte, one of the world’s largest consulting and advisory firms, is opening its doors to applicants without traditional college degrees. In a significant shift toward inclusive hiring, the company is embracing a skills-first approach, focusing on candidates’ capabilities rather than formal education credentials. This initiative is part of a broader effort to expand career access […]

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