News: HR News, Trends & Workplace Insights

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Updated on: Jan 2023
Top challenges for newly appointed CEO Ravi Kumar at Cognizant
Industry

Top challenges for newly appointed CEO Ravi Kumar at Cognizant

Recently, IT giant, Cognizant announced the appointment of Ravi Kumar S as CEO and a member of the Board, effective immediately. He replaced outgoing Brian Humphries who will remain with the Company as a special advisor until March 15, 2023. Ravi Kumar S joins Cognizant after a 20-year career at Infosys where he held various leadership roles, most recently working as […]

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Poshmark is hiring for Data Science Internships; Apply
Hiring

Poshmark is hiring for Data Science Internships; Apply

A leading social online marketplace, Poshmark is hiring for Data Science Internships and various other profiles. Commenting on the hiring process the company said, “Are you a person who is passionate about using Machine Learning to create and deliver value using data? Poshmark’s Data Science team is looking for an intern who can work with […]

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Will TCS rule out 100% remote work & employees to WFO?
Industry

Will TCS rule out 100% remote work & employees to WFO?

According to Financial Express reports, An Indian multinational IT services, and consulting company, Tata Consultancy Services (TCS) encourages its employees to come to the office. As per the Financial Express reports N Ganapathy Subramaniam, chief operating officer at TCS, said in an interview, “There is a greater realisation that by coming to offices, more things […]

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The NEW Shop to hire 5,000 employees across India by June 2024
Hiring

The NEW Shop to hire 5,000 employees across India by June 2024

A chain of India’s Smartest 24/7 convenience stores, The NEW Shop has announced that the company will be hiring 5,000 employees across India by June 2024. Aastha Almast, Co-founder and Head of Business, The NEW Shop, said, “Aiming to scale further, we need quality talent to support us in our growth journey as well as […]

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How to claim online Maternity Benefits for Insured Women in ESIC?
ESIC

How to claim online Maternity Benefits for Insured Women in ESIC?

One of the two main statutory social security bodies, Employees’ State Insurance Corporation (ESIC) has announced the Disablement Benefit as well as the steps on How to claim online Maternity Benefits for Insured Women. ESIC has shared that it will provide the Disablement Benefit from day one of entering insured employment for disablement due to Employment Injury. […]

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Flipkart grocery fulfillment center in Unnao to create thousands jobs
Hiring

Flipkart grocery fulfillment center in Unnao to create thousands jobs

Flipkart, India’s homegrown e-commerce marketplace launched its third and largest grocery fulfillment center in Sarai Joga of Unnao district, Uttar Pradesh. The facility was inaugurated by Sh. Nand Gopal Nandi, Minister of Industries Export Promotion & NRI, Government of Uttar Pradesh. With strong connectivity to strategic locations such as Lucknow and Kanpur, the center will […]

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Wipro headcount gets down by 435, attrition eases to 21.2% in Q3
Industry

Wipro headcount gets down by 435, attrition eases to 21.2% in Q3

Wipro Limited a leading technology services and consulting company, announced financial results on Q3 under International Financial Reporting Standards (IFRS) for the quarter that ended December 31, 2022. Wipro’s net headcount has decreased by 435 employees during the December quarter. The company’s voluntary attrition moderated 180 bps from the previous quarter, which stood at 21.2% for the […]

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Mahindra Logistics on-boards women e-bike riders
Work Model

Mahindra Logistics on-boards women e-bike riders

Mahindra Logistics Ltd. (MLL), one of India’s leading providers of integrated logistics and mobility solutions, is committed to DEI (Diversity, Equity, and Inclusion) in its workforce. MLL announced that it has partnered with women e-bike riders for its last-mile deliveries to achieve true equality. The initiative aims to bring about a significant change in the […]

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Apple CEO to take a 40% pay cut
Compensation

Apple CEO to take a 40% pay cut

An American multinational technology company, Apple Chief Executive Officer (CEO) Tim Cook will take a 40% pay cut in 2023. The pay cut was based on the balance sheet feedback, Apple’s exceptional performance, and a recommendation. The current salary of Tim Cook was USD 49 million (Rs 3,98,75,71,000) in 2023. Earlier, Tim Cook earned USD 99.4 million […]

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IBM initiate redeployment in India
Industry

IBM initiate redeployment in India

According to TOI, an American multinational technology corporation, IBM has initiated a redeployment initiative in India. The company currently operates in more than 170 countries with a total employment of over one lakh individuals in India. This is one-third of its global workforce. IBM India Private Limited is the Indian subsidiary of IBM. It has […]

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HCLTech hires more than Infosys, TCS in Q3
Industry

HCLTech hires more than Infosys, TCS in Q3

An Indian multinational information technology services and consulting company, HCLTech announced its Q3 FY’23 results on January 12, 2023. HCLTech partnered with Purdue Global for providing upskilling and higher education opportunities for its apprentices and the company’s employees in the Americas. The company launched a new skilling & certification initiative to meet the career development […]

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Infosys attrition rate drops in Q3, to hire 50,000 freshers by FY23
Industry

Infosys attrition rate drops in Q3, to hire 50,000 freshers by FY23

An Indian multinational information technology company, Infosys has announced results for the third quarter that ended December 31, 2022, on Thursday, January 12, 2023. The company hired around 6,000 freshers in Q3FY23. In starting of FY23, Infosys had given a fresher hiring target of 50,000, and 40,000 of them are hired in the first half of the […]

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