News: HR News, Trends & Workplace Insights

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

Updated on: Sep 2024
Cisco Restructures; Possibility of Thousands of Jobs Cut
Layoffs

Cisco Restructures; Possibility of Thousands of Jobs Cut

In a strategic move aimed at realigning its business priorities, Cisco Systems, a global leader in networking and technology solutions, has announced a significant workforce reduction. The company plans to lay off approximately 7% of its employees, marking its second round of job cuts this year. While Cisco did not specify the exact number of […]

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Tata and Airbus Join Forces to Nurture India’s Future Innovators
Partnership

Tata and Airbus Join Forces to Nurture India’s Future Innovators

Shri Jayant Chaudhary, Ministry of Skill Development and Entrepreneurship (MSDE), inaugurated two skill training centers—one in Delhi and another in Bengaluru with a collaborative effort between Tata STRIVE and Airbus India Private Limited. The joint initiative aims to empower students with future-ready skills, bridging the gap between education and industry demands. Partnership between Tata and […]

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Cognizant Off Campus Drive 2024, Apply Here
Employment

Cognizant Off Campus Drive 2024, Apply Here

Cognizant India is inviting applications for the position of Process Executive – Voice, ideal for candidates with excellent communication skills. This role requires proficiency in both spoken and written English, along with basic computer knowledge and typing skills. Fresh graduates are welcome to apply, and those with good MS Office skills will have an added […]

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mPokket to Create Over 5,000 Job Opportunities in FY2024-25
Employment

mPokket to Create Over 5,000 Job Opportunities in FY2024-25

In a bold move that underscores its commitment to growth and youth empowerment, mPokket—one of India’s fastest-growing digital lending platforms—has announced ambitious plans to expand its workforce. During the fiscal year 2024-25, the company aims to create more than 5,000 new job opportunities. This strategic initiative not only fuels mPokket’s own trajectory but also contributes significantly […]

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Volkswagen Faces Critical Decision; Potential Job Cuts Looming
Layoffs

Volkswagen Faces Critical Decision; Potential Job Cuts Looming

Volkswagen, Germany’s automotive giant and the country’s largest private employer, is currently grappling with a significant dilemma. The company is considering drastic measures to stay competitive, and this includes the possibility of cutting over 15,000 jobs. Volkswagen Dilemma: The Context Volkswagen has long been a symbol of German engineering excellence, but recent challenges have shaken […]

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Work Stress Claims Young EY Employee’s Life; A Mother’s Plea
Social Media

Work Stress Claims Young EY Employee’s Life; A Mother’s Plea

In a heart-wrenching turn of events, Anna Sebastian Perayil, a young and promising professional, lost her life due to alleged work stress at EY. Anna had recently joined EY as an Audit & Assurance Executive in Pune, but her journey was tragically cut short. Her grieving mother, Anita Augustine, has penned a heartfelt letter to […]

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India’s ELI Scheme; Boosting Employment and Social Security
ESIC

India’s ELI Scheme; Boosting Employment and Social Security

In a significant move towards promoting employment and ensuring social security for workers, the Ministry of Labour & Employment (MoLE), Government of India, recently convened an inter-ministerial consultation on the Employment Linked Incentive (ELI) Scheme. This scheme, introduced in the Union Budget 2024-25, aims to encourage formalization of the workforce and create meaningful job opportunities […]

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Accenture Adapts Promotion Timeline Amid Industry Turbulence
Compensation

Accenture Adapts Promotion Timeline Amid Industry Turbulence

Accenture Plc, a global technology and consulting giant, has announced a significant change in its promotion timeline. The company said in a statement, “We are permanently changing our primary promotion date from December to June, which is when we have better visibility of our clients’ planning and demand.” This decision reflects the broader uncertainty affecting […]

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Wipro Announces 8% Salary Hikes for Top Performers in 2024
Compensation

Wipro Announces 8% Salary Hikes for Top Performers in 2024

Indian IT giant Wipro Limited has taken a significant step to boost employee morale and retention by rolling out salary hikes for its workforce. Starting from September 2024, top performers within the company are set to receive an average increment of 8 per cent. This move represents an improvement over last year’s average hike of […]

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HCLTech Walk-In Drive, 18th & 20th Sept: Grab Opportunities
Employment

HCLTech Walk-In Drive, 18th & 20th Sept: Grab Opportunities

India’s third largest IT services provider company, HCLTech is conducting a walk-in interview for Associate Manager and Manager roles. Interested candidates with telecom experience are invited to attend. HCLTech Walk-In Drive Details Requirements Candidates must have a minimum of 7+ years of experience, including at least 2 years in team management. Telecom experience is mandatory. […]

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MRL Tyres Appoints Dharmesh Kansara as VP – Human Resources
Appointments

MRL Tyres Appoints Dharmesh Kansara as VP – Human Resources

In a significant development, MRL Tyres Limited, a leading Indian tire manufacturer with a global footprint, has appointed Dharmesh Kansara as Vice President – Human Resources. This strategic move underscores the company’s commitment to strengthening its HR function and aligning it with its growth objectives. Key Responsibilities at MRL Tyres MRL Tyres Limited, formerly known […]

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UAN for Gig Workers; GOI Pushes for e-Shram Portal Registration
Press Release

UAN for Gig Workers; GOI Pushes for e-Shram Portal Registration

In a significant step toward enhancing social security coverage for gig and platform workers, the Ministry of Labour & Employment has launched an initiative to encourage platform aggregators to register their gig workers on the e-Shram portal. This move is crucial for ensuring workers’ access to welfare schemes while also facilitating the creation of a […]

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