News: HR News, Trends & Workplace Insights

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Updated on: Jan 2023
Google delays Year-end bonus checks for employees
Compensation

Google delays Year-end bonus checks for employees

An American multinational technology company, Google has delayed the Year-end bonus checks for employees due to the transition to a new performance management system. According to the CNBC report, Google initially pays an 80% advance bonus to eligible employees. The advance bonus will be paid in January, and the remaining 20% in March or April. However, […]

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BharatPe Opens Hiring, details here to apply
Hiring

BharatPe Opens Hiring, details here to apply

An ‘Indian’ leading fintech company, BharatPe opens hiring in mid when many companies are laying off employees. Ankur Chief Product Officer has shared the information on LinkedIn. Ankur Jain, Chief Product Officer, BharatPe said on LinkedIn, “My company BharatPe is hiring product managers for all roles. If you are interested in working at the cutting edge of […]

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Companies Layoff over 50,000 employees in 21 days this year 2023
Industry

Companies Layoff over 50,000 employees in 21 days this year 2023

According to media reports on layoff, In the first half of the year 2022 that is from January to June, various companies laid off nearly 44,257 employees in the tech sector. However, in 2023 January, 154 tech companies reportedly laid off nearly 55,225 in just 21 days. Earlier in November Amazon announced that will be […]

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EPFO adds 16.26 lakh net members in November 2022
EPFO

EPFO adds 16.26 lakh net members in November 2022

The provisional payroll data of the Employees’ Provident Fund Organisation (EPFO) that was released highlights that EPFO has added 16.26 lakh net members in November 2022. The data indicates an increase of 25.67% in net additions compared to the previous month in October 2022. A year-on-year comparison of payroll data reflects an increase of 16.50% […]

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Cisco is hiring fresher graduates in India
Hiring

Cisco is hiring fresher graduates in India

An America-based multinational digital communications technology conglomerate corporation, Cisco is hiring fresher graduates for the role of Associate Systems Engineer. Commenting on the hiring process the company said, “You’ll be part of our Cisco Sales Associates Program (CSAP), an award-winning and industry-recognized early-in-career development program for top university graduates from around the world. You’ll train […]

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Read Sundar Pichai’s letter firing 12000 Google employees
Layoffs

Read Sundar Pichai’s letter firing 12000 Google employees

An American multinational technology company, Google parent Alphabet had announced to sack 12,000 employees. The company has already sent the email to the employees in US. The company is providing the following benefits to the affected employees:- SUNDAR PICHAI’S Email to Employees Googlers, I have some difficult news to share. We’ve decided to reduce our […]

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Amazon HR Head told employees in an email about more job cuts
Layoffs

Amazon HR Head told employees in an email about more job cuts

Tech giant, Amazon is laying off more than 18,000 employees which was 80% more employees than previously planned. The company has also stopped corporate hiring across. Earlier, Amazon delayed the joining dates for some university graduates until the end of 2023 due to cost-cutting efforts. Earlier, The onboarding of the employees was expected to be completed by […]

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HUL Independent Director fined 9 Lakhs under insider trading regulations
Industry

HUL Independent Director fined 9 Lakhs under insider trading regulations

HUL Independent Director Ashish Gupta has been fined 9 Lakhs for an ‘inadvertent trade.’ The company said the Portfolio Management Services of Ashish Gupta’s wife Nita Goyal, had traded in its shares on her behalf without her prior approval/intimation. A monetary penalty has been imposed due to the breach of the Code and PIT Regulations, SDC […]

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Wipro sacks freshers, 452 people allegedly fired after internal test
Layoffs

Wipro sacks freshers, 452 people allegedly fired after internal test

An Indian multinational corporation, Wipro has sacked 452 fresher employees due to poor performance. Wipro fired the employees after taking an internal test. However, the company has waived the training cost spent on the employees. However, the company has not commented on the exact number of layoffs. As per the update the company laid off […]

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Swiggy lays off 380 employees, CEO letter to employees
Layoffs

Swiggy lays off 380 employees, CEO letter to employees

An Indian online food ordering and delivery platform, Swiggy lays off 380 employees due to the company’s restructuring exercise. Due to “poor judgment the company has “overhired” employees. The CEO has also explained that the growth rate for food delivery has slowed down. This was against the company’s projections. The company’s CEO said, “We’re implementing […]

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Wipro is hiring fresh passout graduates, apply here
Hiring

Wipro is hiring fresh passout graduates, apply here

An Indian multinational corporation, Wipro is hiring fresher Graduates (Passouts) and additionally for various other profiles. Commenting on the hiring process the company said on its career page, “At Wipro, we endeavor to provide a formidable platform for professionals who will be our change agents – catalysts who are torchbearers of our fortitude to excel […]

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Revolut India appoints Flipkart’s Sandeep as Head of People
CHRO Move

Revolut India appoints Flipkart’s Sandeep as Head of People

A British financial technology company, Revolut India has announced the appointment of Sandeep Nainwal as Head of People. Paroma Chatterjee CEO of Revolut India said, “Within a short span of one and a half years, we have grown to become a team of 60+ employees in the India core team and over 800 employees across all the […]

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