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: Feb 2024

Industry

Key Highlights of Interim Budget -

Feb 1, 2024

Flipkart is on a hiring spree, WFA and WFO jobs Check Apply

An Indian e-commerce company,nbspFlipkartnbspis hiring for various roles including Hybrid, Work ...

Hiring

Feb 1, 2024

TATA Communications is on hiring spree for various roles Apply

An Indian telecommunications company,nbspTATA Communicationsnbspis hiring for various roles acro...

Hiring

Feb 1, 2024

FREED appoints Nilesh Kumar Sinha as Head of HR

Indias first comprehensive Debt Relief Company, FREED has appointed Nilesh Kumar Sinha as Head of H...

Appointments

Feb 1, 2024

Latest news: FREED appoints Nilesh Kumar Sinha as Head of HR - SightsIn Plus

Compensation

TCS to link promotions with return to office: Report

According to TOI, Indian IT major, Tata Consultancy Services (TCS) is linking promotions, hikes, and variable payout complying with its recent return-to-office policy. The report also suggested that the IT giant is tracking the work from office attendance after which the company will be rolling out promotions. The unit heads have written to their respective […]

Feb 1, 2024

Work Model

EY is monitoring office attendance amid defying WFO mandates

According to Business Insider, a multinational professional services company, Ernst & Young (EY) has started tracking office attendance amid employees defying return to office mandates in UK. EY is currently operating with a twice-work-a-week, hybrid working model. However, the report also suggested that at least 50% of some teams are flouting this rule. However, EY has […]

Jan 31, 2024

Industry

IBM and GSMA Collaborate to Accelerate AI Adoption and Skills

An American multinational technology corporation, IBM and GSMA has announced a new collaboration to support the adoption and skills of generative artificial intelligence (AI). This program will benefit the people from the telecom industry. Through this collaboration both the companies have launched GSMA Advance’s AI Training program and the GSMA Foundry Generative AI program. A digital version […]

Jan 31, 2024

Hiring

Adobe is on a hiring spree for various roles; Check Details

An American multinational computer software company, Adobe is on a hiring spree for various roles globally and in India. The company said on its career page, “Join us to reinvent how people create and brands succeed. At Adobe, you’ll help make software that shows the world what digital experiences can be, from e-signatures to blockbuster […]

Jan 31, 2024

Layoffs

PayPal to sack 2500 employees: Read CEO’s Letter on Job Cuts

An American multinational financial technology company, PayPal has announced to sack 9% of its workforce, eliminating 2,500 jobs from its global offices. These job cuts will be carried out throughout the year with existing roles and job listings that Fintech major had planned to hire this year. The affected employees will receive a notice by […]

Jan 31, 2024

Industry

Wipro to sack hundreds of mid-level employees to improve margins

As per the reports of the ET, India’s IT services provider company, Wipro to sack hundreds of mid-level employees to improve margins Wipro currently maintains the lowest profit margins among the top four IT services companies listed in India. Below is the comparative Net Profit in crore Company Q1FY24 Q2FY24 Q3FY24 TCS 11,074 11,342 11,058 […]

Jan 31, 2024

Hiring

Microsoft Research Fellows Program 2024; Apply before Feb 16

An American multinational technology corporation, Microsoft in India is inviting applications for the Research Fellow Program 2024. The Research Fellows (RF) Program at Microsoft Research India (MSRI) exposes bright, young minds in India to world-class research and state-of-the-art technology. The program prepares students for careers in research, engineering, as well as entrepreneurship. On the hiring […]

Jan 31, 2024

Hiring

WNS Global Services is on a Hiring Spree, WFH Jobs; Apply

A global business process management company, WNS Global Services (WNS) in India is hiring for various roles. The company said, ”Over 60,000+ employees — data scientists, digital experts, tech evangelists, management graduates, analytical professionals, and the like — co-create bespoke solutions to address client needs and challenges. “With the customer journey at the heart of our digitization efforts, […]

Jan 31, 2024

Industry

Ministry organised event Women in the Workforce: Key Take Aways

Ministry of Women & Child Development and the Ministry of Labour & Employment jointly hosted the event Women in the Workforce for Viksit Bharat”. The event was organized at Bharat Mandapam in New Delhi. The event was chaired by the Union Minister for Women & Child Development and Minority Affairs, Smt. Smriti Zubin Irani, and […]

Jan 31, 2024

Survey & Report

48% of Healthcare, Pharma companies embrace Gen AI Solutions

According to the EY report titled, ‘The AIdea of India: Generative AI’s potential to accelerate India’s digital transformation,’ 60% of survey people from the healthcare and Life Sciences sector believe Gen AI will have a significant impact on the entire value chain. The report also suggested that 28% of healthcare and Life Sciences firms have already […]

Jan 31, 2024

Hiring

TCS is hiring for various roles including freshers; Apply Here

A global leader in IT services, consulting, and business solutions company, Tata Consultancy Services (TCS) is hiring for various roles. However, hiring in the IT Industry is slow due to macroeconomic reasons but companies are hiring. Recruitment plans for any company can be dynamic and influenced by various factors such as market conditions, business strategies, and economic […]

Jan 31, 2024

Layoffs

In January over 38000 people were laid off… Gen AI Impact starts

So far in 2024, there have been 176 layoffs at tech companies with 38,003 people being laid off (1,267 people per day). In 2023, there were 1,996 layoffs at tech companies with 428,384 people impacted (1,174 people per day). In 2023, most of the layoffs were because of overhiring in the Pandemic and tech companies were right-sizing the headcounts, and some microeconomic situations. And, in early […]

Jan 30, 2024