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: Jul 2023

Compensation

Airtel and VI rewarded - salary hikes bonuses up to

Jul 14, 2023

TCS rolls out annual pay hikes, and promotions effective from April

Indias largest IT services provider firm, Tata Consultancy ServicesnbspTCS has announced ...

Industry

Jul 13, 2023

Latest news: TCS rolls out annual pay hikes, and promotions effective from April - SightsIn Plus

Policybazaar employees win houses, cars as new RR initiative

Policybazaar last week concluded Season of Jeeto Apna Ghar JAG, an award-winning employee-focuse...

Industry

Jul 13, 2023

Latest news: Policybazaar employees win houses, cars as new RR initiative - SightsIn Plus

Deloitte, PwC, IBM set up offices in Indias smaller cities

The major firms including Deloitte, PwC, and IBM are stepping up investments in new Indian facilitie...

Industry

Jul 13, 2023

Latest news: Deloitte, PwC, IBM set up offices in Indias smaller cities - SightsIn Plus

Hiring

McKinsey is hiring for Internship & Experienced jobs, Check Details

A global management consulting firm, McKinsey & Company is hiring for various roles including Internship & experienced Jobs. Internship Associate Intern: The company said that in this role, you will help clients in private, public, and social sectors solve their most pressing problems. You will also work with many experts, from data scientists and researchers to […]

Jul 13, 2023

Compensation

HCLTech sees headcount reduction in Q1FY24, defers pay hikes

HCLTech, a leading global technology company, announced its financial results for Q1FY24, the quarter ended June 30, 2023. C Vijayakumar, CEO, and Managing Director, HCLTech, said, “In Q1FY24, our revenue and people strength sequentially moderated in line with the demand environment.” “We delivered a 6.3% YoY growth in constant currency. We experienced strong growth in […]

Jul 13, 2023

Compensation

TCS CHRO: 55% of employees working 3 days a week from office

India’s largest IT services firm, Tata Consultancy Services (TCS) reported its consolidated financial results for Q1FY24 the quarter ending June 30, 2023. The IT giant reported a 16.84 per cent year-on-year (YoY) rise in its consolidated net profit. But on a quarter-on-quarter (QoQ) basis, TCS’ consolidated net profit was down 2.8 per cent. K Krithivasan, […]

Jul 13, 2023

Demise

Bengaluru former employee of tech firm kills MD and CEO

A former employee of a tech firm has killed Managing Director and Chief Executive Officer. The incident took place at the company’s office in Bengaluru. The deceased persons have been identified as Vinu Kumar, the CEO of Aeronics Media Pvt ltd, and Phanindra Subramanya, the firm’s MD. The police informed to media that the incident […]

Jul 13, 2023

Industry

Wipro to invest $1 Billion in AI & train all 250,000 employees on AI

Wipro Limited, a leading technology services and consulting company, announced the launch of Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients. Along with the launch of Wipro ai360, […]

Jul 13, 2023

Industry

IT Union urges Labour Ministry to intervene as TCS defers joining

An IT employees union, Nascent Information Technology Employees Senate (NITES) has written a letter to the Labour Minister urging them to take action as Tata Consultancy Services (TCS) reportedly delayed the onboarding of several lateral hires. NITES has asked the Minister for Labour and Employment Bhupender Yadav to intervene in the matter. According to reports, […]

Jul 12, 2023

Compensation

IT major Infosys defers salary hikes for employees

India’s second-largest IT giant Infosys has deferred the salary hikes of its employees which it usually rolls out from April for its employees below the senior management level. Earlier also in the 2020, pandemic year, the company froze hikes and then rolled out hikes in January 2021. Usually, Infosys rolls out pay hikes for employees […]

Jul 12, 2023

CHRO Move

Walmart Global Tech gets Bhumika Srivastava as People Leader

Walmart Global Tech has appointed Bhumika Srivastava as People Leader. In this role, she will lead the HR strategy and operations for the largest retail company in the world. She has confirmed the appointment on social media and said, “It is a matter of great pride and enthusiasm to join Walmart. I have joined Global […]

Jul 12, 2023

Layoffs

Dukaan 90% of customer support staff replaced with AI chatbot

A DIY platform that enables merchants with zero programming skills to set up their e-commerce store using smartphones, Dukaan has replaced 90% of customer support staff with an AI chatbot. Suumit Shah, Founder of Dukaan® shared a Tweet from the official Twitter handle saying, “We had to lay off 90% of our support team because of […]

Jul 12, 2023

Hiring

Deutsche India to hire thousands of employees; Check the Details

A German multinational investment bank and financial services company, Deutsche India is planning to hire thousands of employees. Deutsche Bank’s India centre is the largest within the global network with other such locations in Europe and the US. It will an important role to deliver innovative products and services to its clients. The hiring has been […]

Jul 12, 2023

Industry

SBI 12000 employees’ sensitive data leaked on Telegram channels

The data leak cases have increased in India. Now, an Indian multinational public sector bank and financial services statutory body, The State Bank of India (SBI) 12000 employees’ sensitive data has been leaked on Telegram channels. What is sensitive data leaked at SBI? Not only this, it is also claimed that the threat actor has […]

Jul 12, 2023

Industry

TCS delays the onboarding of 200 lateral recruits for 3-4 months

An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) has delayed the onboarding of over 200 lateral hires for at least three to four months. Additionally, the delay in onboarding included cities like Bangalore, Pune, Kochi, Bhubaneswar, Delhi NCR, and Indore. The hiring was conducted in January and April. According to Money Control, […]

Jul 11, 2023