News: HR News, Trends & Workplace Insights

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Updated on: Nov 2024
Boeing Strike Ends with Acceptance of New Worker Contract
Industry

Boeing Strike Ends with Acceptance of New Worker Contract

After a prolonged seven-week strike, Boeing workers have voted to accept a new contract offer, bringing an end to the work stoppage that had halted production of most of the company’s passenger planes. The decision to accept the contract was made by the International Association of Machinists and Aerospace Workers (IAM), which represents 33,000 Boeing […]

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Bandhan Bank Welcomes Partha Pratim Sengupta as MD & CEO
Appointments

Bandhan Bank Welcomes Partha Pratim Sengupta as MD & CEO

Bandhan Bank has announced the appointment of Partha Pratim Sengupta as its new Managing Director & Chief Executive Officer (MD & CEO), effective November 1, 2024. This appointment follows the retirement of the bank’s founder, Chandra Sekhar Ghosh, and the interim leadership of Ratan Kumar Kesh. Bandhan Bank Leadership and Vision Chairman of Bandhan Bank, […]

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Tech Mahindra issued notice by High Court Over Employee Rights
Labour Law

Tech Mahindra issued notice by High Court Over Employee Rights

The Telangana High Court has issued a notice to Tech Mahindra in Hyderabad for failing to provide a relieving letter to a former employee. This notice addresses concerns over employee rights related to the issuance of relieving letters. The court has also summoned Vinay Agarwal, head of Tech Mahindra’s Human Resources department, to appear before […]

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Boeing Eliminates Diversity Office, Citing Financial Pressures
Layoffs

Boeing Eliminates Diversity Office, Citing Financial Pressures

Boeing has recently dismantled its global diversity, equity, and inclusion (DEI) department, according to a report by Bloomberg News. This move is part of a broader cost-cutting strategy that includes plans to eliminate 17,000 jobs, representing 10% of Boeing’s global workforce. Boeing DEI Team: Details of the Restructuring The staff from Boeing’s DEI office will […]

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Microsoft Employees Criticize New Copilot Update
Industry

Microsoft Employees Criticize New Copilot Update

Microsoft employees have expressed significant dissatisfaction with the recent update to the company’s Copilot AI assistant, led by new AI head Mustafa Suleyman. The update, which was released on October 1, 2024, aimed to transform Copilot into a more conversational AI companion, but has faced criticism for being less functional compared to its previous version. […]

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Visa to Cut 1,400 Jobs in Effort to Streamline Operations
Layoffs

Visa to Cut 1,400 Jobs in Effort to Streamline Operations

Visa, the global payments giant, has announced plans to lay off approximately 1,400 employees and contractors by the end of the year. This decision is part of a broader strategy to streamline its international business operations and enhance its competitive position. Majority of Cuts in Visa Technology Division According to reports from The Wall Street […]

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Cognizant Sees 13,000 Employees Return Amidst Growth Surge
Employment

Cognizant Sees 13,000 Employees Return Amidst Growth Surge

Cognizant, the US-headquartered IT services firm, has announced that nearly 13,000 former employees have rejoined the company. This resurgence comes as Cognizant recovers from previous challenges and returns to stability and renewed growth. Cognizant Strategic Growth and Hiring Plans In a media briefing following the release of the company’s Q3 FY24 results, Cognizant CEO Ravi […]

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Aptech Welcomes Atul Jain as New Managing Director and CEO
Appointments

Aptech Welcomes Atul Jain as New Managing Director and CEO

Aptech Ltd, a pioneer in the non-formal vocational training business in India, has announced the appointment of Atul Jain as its new Managing Director and Chief Executive Officer. This appointment comes as a strategic move to drive sustainable business growth, foster innovation, and adapt to an ever-evolving market. Aptech CEO & MD Atul Jain’s Vision […]

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X to See Another Round of Layoffs; Facing Financial Headwinds
Layoffs

X to See Another Round of Layoffs; Facing Financial Headwinds

X, the social media giant formerly known as Twitter, is reportedly preparing for yet another round of layoffs. A recent report by The Verge cited sources and posts on the anonymous workplace forum Blind suggesting that the job cuts are expected to be announced soon. As analysts and insiders speculate on the extent of these layoffs, the […]

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Amazon Employees Protest Return to Office in Open Letter
Work Model

Amazon Employees Protest Return to Office in Open Letter

Over 500 employees from Amazon Web Services (AWS) have united to pen an open letter directed at CEO Matt Garman, expressing their vehement opposition to the company’s return-to-office (RTO) mandate. In recent months, Amazon has implemented a return-to-office policy requiring employees to work from the office at least three days a week. This mandate, aimed […]

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TCS iON NQT hiring any freshers, Apply before deadline ends
Employment

TCS iON NQT hiring any freshers, Apply before deadline ends

TCS iON, a strategic unit of Tata Consultancy Services, National Qualifier Test (NQT) is an excellent opportunity for freshers and experienced candidates to showcase their skills to top corporates. This test helps candidates prove their competencies in various domains, including aptitude skills, domain-specific skills, and work values. The tests are conducted every 2-4 weeks at TCS […]

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Yamaha Motor Announced Top Leadership Change for India Group
Appointments

Yamaha Motor Announced Top Leadership Change for India Group

India Yamaha Motor (IYM) Pvt Ltd. is delighted to announce the appointment of Itaru Otani as Chairman of the Yamaha Motor India Group. Mr. Otani, who has over three decades of experience with Yamaha Motor Company, has held senior roles in markets across Australia, Brazil, and Japan. His expertise spans Sales, Marketing, and Corporate Strategy, […]

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