News: HR News, Trends & Workplace Insights

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Updated on: Dec 2024
Big 4 Giants Deloitte & EY Lay Off Employees Amid Challenges
Industry

Big 4 Giants Deloitte & EY Lay Off Employees Amid Challenges

Deloitte and EY, two leading consulting firms, are reducing employees and restructuring operations as weakened demand for advisory services reflects broader economic uncertainty. Workforce Reductions Amid Declining Demand Deloitte and EY, two of the largest professional services firms, are cutting jobs as demand for consulting and advisory services declines. Deloitte recently laid off 250 UK-based […]

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GCCs in India to See 18-20% Hiring Increase Next Year
Survey & Report

GCCs in India to See 18-20% Hiring Increase Next Year

Global Capability Centres (GCCs) in India are set to witness a significant surge in hiring momentum in 2025, with an expected increase of 18-20%. This growth is anticipated to create approximately 340,000-380,000 new jobs across various sectors. It reflects the expanding role of GCCs as strategic innovation hubs for global enterprises. GCCs Hiring 2025: Technology […]

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EPF and ESIC Registrations Drop as Formal Job Slows in October
EPFO

EPF and ESIC Registrations Drop as Formal Job Slows in October

In October 2024, formal job growth in India experienced a significant slowdown, as reported by MoSPI reflecting from decline in EPF & ESIC data. EPF and ESIC both saw declines in new registrations, raising concerns about the overall health of the formal job market. EPF and ESIC Decline The number of new subscribers to EPF […]

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HCLTech is Hiring for 200+ Freshers and Lateral Jobs in India
Hiring

HCLTech is Hiring for 200+ Freshers and Lateral Jobs in India

HCLTech, a leading global technology company, has announced a significant expansion of its workforce in India, with over 200 job openings across various domains. In recent months, HCLTech has made several strategic moves to strengthen its position in the global market. The company completed the acquisition of HPE assets for $225 million, expanding its capabilities […]

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Tata Group Chairman Sees Bright Future with Job Creation and AI
Employment

Tata Group Chairman Sees Bright Future with Job Creation and AI

In his year-end note, Tata Group Chairman N Chandrasekaran underscored the strength of the Indian economy and expressed optimism for 2025. He highlighted the group’s strategic bets in high-tech industries and manufacturing, which are beginning to bear fruit. Chandrasekaran reiterated the ambition to create 500,000 manufacturing jobs over the next five years, focusing on sectors […]

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Satcom Services to Drive Major Hiring in Indian Telecom
Hiring

Satcom Services to Drive Major Hiring in Indian Telecom

The burgeoning satellite communication (satcom) sector is poised to trigger a significant hiring surge in the Indian telecom industry. Major players like Elon Musk’s Starlink, Amazon’s Kuiper, Bharti-backed Eutelsat OneWeb, and the Reliance Jio-SES joint venture are entering the satcom race. As a result, the demand for highly skilled talent in space technologies is expected […]

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CDSL Appoints Joy Banerjee as Head of HR & Administration
Appointments

CDSL Appoints Joy Banerjee as Head of HR & Administration

Central Depository Services India Ltd (CDSL) has announced the appointment of Joy Banerjee as the Head of Human Resources and Administration. Joy Banerjee brings over three decades of extensive experience in human resources to his new role at CDSL. Role and Responsibilities at CDSL In his new role at CDSL, Joy will oversee employee engagement, […]

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DPIIT: Startups Generate 1.6 Million Jobs Across Sectors
Employment

DPIIT: Startups Generate 1.6 Million Jobs Across Sectors

Department for Promotion of Industry and Internal Trade (DPIIT) has revealed that startups in India have created over 1.6 million jobs. This report reflects the vital role startups play in the country’s economy, contributing to various sectors such as fintech, edtech, health-tech, and e-commerce. DPIIT Report on Startups: Gender Inclusivity & Global Reach India’s startup […]

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India’s IT Sector Sees Bright Future with Hiring Surge in FY26
Survey & Report

India’s IT Sector Sees Bright Future with Hiring Surge in FY26

India’s IT sector industry, valued at a staggering $254 billion, is gearing up for a significant expansion. The sector anticipates a 10-12% increase in hiring for FY26, driven by a projected 10-15% business growth. This optimistic outlook is expected to add 500,000 to 750,000 jobs by March 2025, with a substantial focus on fresher hiring […]

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TCS Walk-in Interviews on 27 and 28 December, Register Now
Hiring

TCS Walk-in Interviews on 27 and 28 December, Register Now

Tata Consultancy Services (TCS) invites candidates for walk-in interviews for Accounts Receivable roles in Chennai and Record to Report roles in Noida. The company conducts walk-in drives on December 27 and 28, 2024. Ensure you register and generate an EPCN number to participate. TCS Walk-in: Record to Report Hiring in Noida Tata Consultancy Services (TCS) […]

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EPFO Adds 13.41 Lakh Net Members, Youth Dominates
EPFO

EPFO Adds 13.41 Lakh Net Members, Youth Dominates

EPFO has reported a significant increase in its membership numbers for October 2024, with a net addition of 13.41 lakh members. This growth is indicative of increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives. EPFO: New Membership and Youth Dominance Out of the total new members, 7.50 lakh […]

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Wipro Elite Hiring for BE/BTech Graduates, Register Here
Hiring

Wipro Elite Hiring for BE/BTech Graduates, Register Here

IT giant Wipro is hiring under ELITE Hiring Program for early career professionals. Launch your career with Wipro through this prestigious, on-campus recruitment program Eligibility Criteria Wipro Elite hiring is open to B.E./B.Tech graduates or those completing a 5-year integrated M.E./M.Tech course in 2023, 2024, 2025. Graduates from all branches, except Fashion Technology, Textile Engineering, Agriculture, and Food Technology, are […]

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