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 2023
Disney to layoff 7,000 employees to make business more profitable
Layoffs

Disney to layoff 7,000 employees to make business more profitable

An American multinational, mass media and entertainment conglomerate, Disney will layoff 7,000 employees to make business more profitable. The layoffs represent an estimated 3.6% of the company’s global workforce. The effort of the company is to save $5.5 billion in costs and make its streaming business profitable. The company shifts its focus to its core brands and […]

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Fiancé got sacked by Microsoft: Woman asks “Marry him or not”?
Industry

Fiancé got sacked by Microsoft: Woman asks “Marry him or not”?

The major companies laid off employees including Infosys, Amazon, Google, Microsoft, Byju’s, Wipro, and Salesforce laid off a maximum number of workers globally. According to trueup.io, so far in 2023, Stay up-to-date on the latest layoffs across big tech, tech unicorns, and startups. So far in 2023, there have been 379 layoffs at tech companies with 113,082 people impacted (3,056 people per day). In 2022, […]

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PLI scheme attracted Rs 45,000 cr investment, created 3 lakh jobs
Industry

PLI scheme attracted Rs 45,000 cr investment, created 3 lakh jobs

Earlier, Hon’ble Finance Minister, Smt Nirmala Sitharaman had announced an outlay of INR 1.97 Lakh Crores for the Production Linked Incentive- PLI Scheme across 14 key sectors, to create national manufacturing champions and to create new jobs. The sectors included automobiles and auto components, white goods, pharma, textiles, food products, high-efficiency solar PV modules, advanced chemistry cells […]

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RBI raises repo rate by 25 basis points to 6.5% from 6.25%
Industry

RBI raises repo rate by 25 basis points to 6.5% from 6.25%

The health of the Indian Banking sector, the Reserve Bank of India (RBI) recently raised the repo rate by 25 basis points to 6.5% from 6.25%. The announcement was made by the Governor of Reserve Bank of India Shaktikanta Das. What is RBI raises Repo Rate (RR)? Repo Rate (RR) is the rate at which the Reserve […]

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Biz2X appoints Vijay Kumar Jamwal as Head- HR
Appointments

Biz2X appoints Vijay Kumar Jamwal as Head- HR

A Digital Lending SaaS platform, Biz2X (a subsidiary of Biz2Credit in India) has announced the appointment of Vijay Kumar Jamwal as Head- HR. In the new role, Vijay will be responsible to oversee the company’s HR operations and drive its human resources and organisational culture initiatives. Further, he will responsible to work on enhancing the policies […]

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Airbus to hire engineering, IT talent at Aero India
Hiring

Airbus to hire engineering, IT talent at Aero India

A global pioneer in the aerospace industry, Airbus has announced its hiring plans. The company will be recruiting engineering and Information Technology (IT) talent at the upcoming Aero India air show in Bengaluru next week. Job seekers can explore opportunities in airframe design, avionics, aircraft systems simulation, data analytics, cybersecurity, and cabin engineering. Suraj Chettri, […]

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Zoom to sack 1300 employees, CEO salary to be reduced by 98%
Layoffs

Zoom to sack 1300 employees, CEO salary to be reduced by 98%

An American communications technology company, Zoom has announced to sack 1300 employees or roughly 15 percent of the company’s workforce. Additionally, the Zoom CEO’s salary is to be reduced by 98%. The company hired employees as there was an increase in demand due to the pandemic. But as the pandemic is almost over the demand for […]

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Tech Mahindra is hiring for various roles including Freshers, Apply
Hiring

Tech Mahindra is hiring for various roles including Freshers, Apply

One of the fastest-growing brands and amongst the top 15 IT service providers globally, Tech Mahindra is hiring for various roles globally and in India. Commenting on the hiring process company said, “If that’s your idea of a rewarding career, congratulations! You have arrived. The promise of giving you more opportunities of connecting, co-creating, and […]

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Amazon WOW 2023 invites diversity applications from 2024/25/26 batch
Hiring

Amazon WOW 2023 invites diversity applications from 2024/25/26 batch

Amazon WoW is a networking platform for all women engineering students in India. The platform connects the students to Amazon leaders, recruiters, and the broader Amazon community. What is this platform? The platform provides an opportunity to participate in skill-building sessions, utilize available resources, converse with alumni on their career experiences, and be acquainted with […]

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Leave encashment new rule: Non-govt employees to gain 20K/Year
Industry

Leave encashment new rule: Non-govt employees to gain 20K/Year

Honorable Union Finance Minister Smt Nirmala Sitharaman has proposed to hike tax exemption on leave encashment on the retirement of non-government salaried employees to Rs. 25 lakhs from Rs. 3 lakhs. What is leave encashment? Leave encashment is the amount of money that an employee received in exchange for leaves not availed by an employee. As per […]

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80% of workers who quit in the ‘great resignation’ have regrets
Survey & Report

80% of workers who quit in the ‘great resignation’ have regrets

According to a recent survey, it was found that 80% of workers who quit in the ‘great resignation’ have regrets about leaving their jobs. According to the new Paychex study, 8 out of 10 professionals who left their jobs have regrets about their decision. Additionally, Gen Z workers look back at their old jobs. CNBC reported the […]

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Paytm is Hiring Marketing Interns for Remote Role, Apply
Hiring

Paytm is Hiring Marketing Interns for Remote Role, Apply

An Indian digital payments and financial services company Paytm is hiring Marketing Interns. The position is for a Remote role. Commenting on the hiring process the company said, “We’re looking for hustlers with a knack for juggling multiple projects – we’re talking next-level multi-tasking!!” “If you have a positive attitude and a willingness to roll […]

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