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: Aug 2024
Gen Z Workplace Preferences; Stability vs. Startup Dreams
Employment

Gen Z Workplace Preferences; Stability vs. Startup Dreams

The vertical of career aspirations is shifting, and Indian Gen Z—the dynamic cohort born between the mid-1990s and early 2000s—is at the forefront of this transformation. Surprisingly, despite India’s thriving startup ecosystem, a new report reveals that post-millennials are increasingly opting for stability within large corporations rather than venturing into entrepreneurship. The iQOO Global Quest […]

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IT Hiring Set to Surge With the Rise of AI and Blockchain- Indeed
Employment

IT Hiring Set to Surge With the Rise of AI and Blockchain- Indeed

The Indian IT sector, like a phoenix rising from the ashes, is poised for a significant IT hiring surge. A recent report released by Indeed, a global job matching and hiring platform, projects an impressive 8.5% rise in job roles within the industry by next year. After weathering the storm of recent downturns, IT companies […]

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Universal Sompo welcomes Priti Singh as Chief People Officer
Appointments

Universal Sompo welcomes Priti Singh as Chief People Officer

On August 1, 2024, Universal Sompo General Insurance Company appointed Priti Singh as Chief People Officer (CPO), enhancing its leadership team. Priti brings extensive experience to the role, focusing on driving HR strategy and organizational development. Role & Responsibilities at Universal Sompo Priti’s appointment aligns seamlessly with Universal Sompo’s strategic vision. Her leadership capabilities and […]

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Supreme Court: District Judges’ Struggle with Meagre Pensions
EPFO

Supreme Court: District Judges’ Struggle with Meagre Pensions

In a significant move, the Supreme Court has drawn attention to the inadequate pensions being provided to District Judges across India. These judicial officers, who play a crucial role in the administration of justice, have been grappling with meagre post-retirement benefits. The Court has now urged the Centre to address this pressing issue promptly. Chief […]

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E-commerce Sector Hiring 10L Gig and 2.5L Contract Workers
Press Release

E-commerce Sector Hiring 10L Gig and 2.5L Contract Workers

As the festive season approaches, the e-commerce sector is gearing up for an impressive hiring spree. According to a report by TeamLease Services, e-commerce companies are set to employ a staggering 10 lakh gig workers and 2.5 lakh contractual staff. These numbers reflect the sector’s robust growth and its pivotal role in job creation. The […]

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Ashish Kumar Joins Jindal Power Limited as VP & CHRO
Appointments

Ashish Kumar Joins Jindal Power Limited as VP & CHRO

Jindal Power Limited (JPL) has appointed Ashish Kumar as Vice President and Chief Human Resource Officer (CHRO). Ashish brings with him a wealth of experience and expertise, having previously held significant roles in the corporate world. A New Chapter at Jindal Power Now, as he steps into the role of VP & CHRO at Jindal […]

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Why Did Cognizant Cut 9,300 Jobs in One Year?
Industry

Why Did Cognizant Cut 9,300 Jobs in One Year?

Cognizant Technology Solutions Corporation recently reported a 2.1% sequential revenue growth for the June 2024 quarter, despite a significant reduction in headcount. In Q2FY24, the company saw a decrease of 8,100 employees compared to the previous quarter. On a year-on-year basis, headcount dropped by 9,300 employees compared to Q2FY23. However, the company reported a good […]

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TCS and Rolls-Royce Join Forces for Zero-Carbon Aviation
Partnership

TCS and Rolls-Royce Join Forces for Zero-Carbon Aviation

Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has recently strengthened its partnership with Rolls-Royce, the renowned British multinational specializing in civil aerospace, defense aerospace, services, and power systems. This collaboration aims to drive sustainable initiatives within the aviation industry, particularly by researching hydrogen fuel system technology. The ultimate […]

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Cisco India Expands Its Workforce: 200+ Exciting Roles Await!
Employment

Cisco India Expands Its Workforce: 200+ Exciting Roles Await!

Cisco, a global technology leader, is making significant strides in India. The company is on a hiring spree, with over 200 job openings across various locations in the country. These roles span diverse domains, from technical engineering to sales and architecture. Job Opportunities at Cisco India Cisco India is actively seeking talented professionals to join […]

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GenAI bridges gender gap in workforce, acts as equalizer :Nasscom-BCG
Survey & Report

GenAI bridges gender gap in workforce, acts as equalizer :Nasscom-BCG

In a rapidly evolving tech landscape, gender diversity remains a critical challenge. While women constitute 36% of India’s tech workforce, their representation in executive roles remains disproportionately low. However, the advent of GenAI (Generative AI) promises to revolutionize the industry. It also assures to create opportunities for women to break through traditional barriers. Recently, Nasscom, […]

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Job Market Outlook; IT, Retail, and Telecom Drive Growth
Hiring

Job Market Outlook; IT, Retail, and Telecom Drive Growth

The Indian job market has witnessed a significant surge in hiring activity, with an impressive 11% yearly increase in July compared to the same period last year. This positive momentum reflects the country’s economic recovery and growing confidence among employers. Job Market: Key Findings Overall Growth: Hiring activity across various sectors rose by 11% in […]

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Reliance Retail’s impact: store closures & high employee turnover: Q1
Employment

Reliance Retail’s impact: store closures & high employee turnover: Q1

In a year marked by economic shifts and organizational recalibrations, Reliance Industries Ltd. (RIL) witnessed significant changes in its workforce. Let’s understand the details of RIL’s headcount fluctuations, strategies to counter attrition, and the demographic composition of its employees. Workforce Reduction and Voluntary Separations Headcount Decline: Mukesh Ambani-led RIL experienced a workforce reduction of 42,052 […]

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