News: HR News, Trends & Workplace Insights

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Updated on: Feb 2023

Industry

Amid Layoffs, an Indian tech company gifted cars to its employees

Feb 3, 2023

Top executives to receive an average salary hike of . in

AON India recently conducted the most recent edition of its twelfth yearly Executive Rewards Survey ...

Compensation

Feb 3, 2023

Latest news: Top executives to receive an average salary hike of . in - SightsIn Plus

Cognizant attrition eases to , added , employees in Q

Yesterday, Cognizant, one of the worlds leading professional services companies announced its...

Industry

Feb 3, 2023

Latest news: Cognizant attrition eases to , added , employees in Q - SightsIn Plus

Workday, GNIDA, Tinder Layoff employees

Due to economic uncertainty companies like Workday, Greater Noida industrial development authority, ...

Layoffs

Feb 2, 2023

Latest news: Workday, GNIDA, Tinder Layoff employees - SightsIn Plus

Layoffs

FedEx CEO’s message to employees on 10% Job cuts

An American multinational conglomerate holding company, FedEx has announced that the company is cutting more than 10% of its global management employees. The job cuts at FedEx are due to the shipping slowdown. This is the second round of layoffs at the company in less than a year. FedEx employs 550,000 employees globally. The following is a […]

Feb 2, 2023

Hiring

Physics Wallah is on hiring spree to hire 2,500 employees

India’s top online ed-tech platform, Physics Wallah is on a hiring spree and the company has announced the hiring of 2,500 employees. Satish Khengre, HR Head of Physics Wallah said, “At this growth juncture, hiring more professionals across roles was the next natural progression for us.” “Above all, we are looking for people who are […]

Feb 2, 2023

Hiring

Uber is inviting applications for Internship, last date to apply Feb 3

American mobility service provider company, Uber is inviting applications for Product Design Intern roles. The Last date to apply for the internship program is 3rd February 2023. Commenting on the hiring process the company said, “At Uber, we’re reimagining the way the world moves for the better. That means being bold in our decisions and building […]

Feb 2, 2023

CHRO Move

Motilal Oswal Financial Services appoints Niren as Group CHRO

A well-diversified financial services firm, Motilal Oswal Financial Services has announced the appointment of Niren Srivastava as the Group Chief Human Resources Officer. Niren Srivastava has over 19 years of experience in Human Resources function in Financial Services across Life & Health Insurance, Mutual Funds and Banking organizations. Niren has key aspects of handling HR […]

Feb 2, 2023

Featured

Industry Reactions on Union Budget 2023-24

Honorable Union Finance Minister Smt Nirmala Sitharaman has presented the Union Budget 2023-24 yesterday February 1, 2023 in parliament. Here are key highlights of the Budget 2023. Industry Reactions Arun Kumar Gupta, CFO, Newgen Software said, The Union Budget 2023-24 showcases the government’s focus on developing both the physical and digital infrastructure. The boost in […]

Feb 2, 2023

Hiring

IndiGo is hiring for various roles, conducting Walk-In drive, Apply

An Indian low-cost airline, IndiGo is hiring for various profiles and also conducting walk-In drives for airport operations. The company shared the LinkedIn post saying, “Your chance to apply now and be a part of our airport operations team.” “Walk-ins open for Ahmedabad, Amritsar, Belagavi, Bengaluru, Chandigarh, Chennai, Coimbatore, Delhi, Guwahati, Hyderabad, Jaipur, Mumbai, Nashik, Pune, Ranchi, […]

Feb 1, 2023

Appointments

Chaayos appoints Akash Chauhan as Head- Human Resources

Sunshine Teahouse Private Limited known as Chaayos has announced the appointment of Akash Chauhan as Head- Human Resources. Akash has nearly 15 years in the HR domain. He joins chaayos from cure.fit where he was Head of HR. Previously, Akash was associated with Urban Ladder as Vice President – Head of HR, Last Mile Delivery Operation, […]

Feb 1, 2023

Industry

Budget 2023 updates Income tax rebate limit raised to ₹7 lakh

According to the media reports, Honorable Union Finance Minister, Mrs. Nirmala Sitharaman presented the Union Budget 2023- 2024 on Wednesday as per the announcement calculations for the income tax will change. The Budget 2023: Comparison Between Old Vs New Slab Old Tax Slab According to the New Tax Slab In a comparison of the two […]

Feb 1, 2023

EPFO

EPFO to review the pension of these retired members

EPFO will re-examination of cases of pension on Higher Wages of employees who had retired up to 1 September 2014 without exercising any option under Para 11(3) of pre-amended EPS’95. This comes a month after laying out the eligibility criteria and procedures for availing higher pension in line with the Supreme Court’s November order. The […]

Feb 1, 2023

Hiring

GE Renewable Energy is inviting applications for Internship 2023

An American multinational conglomerate, GE Renewable Energy is inviting applications for the Internship program 2023. Commenting on the Internship 2023 the company said, “We offer meaningful, impactful assignments as well as an internship that includes team building, career development opportunities, and more! Digital Technology Interns are GE Renewable Energy’s primary pipeline to full-time employment opportunities […]

Feb 1, 2023

Layoffs

Intel announces layoffs and pay cuts, CEO to take 25% pay cut

Chip-maker Intel is laying off nearly 340 employees at one of its campuses in the US. However, the company has announced the layoffs through the Worker Adjustment and Retraining Notification (WARN) notice. According to the WARN Act requires employers to provide a 60-day notice to workers and state officials of mass layoffs. “All impacted employees […]

Feb 1, 2023

Layoffs

PayPal to lay off 2,000 employees

Fintech company, PayPal is planning to reduce its workforce by 7%, or about 2,000 employees as the firm is hit by the economic slowdown. PayPal President and CEO Dan Schulman said that these job reductions will occur over the coming weeks, with some organisations impacted more than others. The following message was shared with PayPal […]

Feb 1, 2023