News: HR News, Trends & Workplace Insights

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Updated on: Dec 2022
Global Captive Centres to create 3.64 lakh jobs in India
Survey & Report

Global Captive Centres to create 3.64 lakh jobs in India

The market size and the job creation by Global Captive Centres (GCCs) as a sector is expected to see significant growth, states NLB Services’ latest report- India Captivating. According to the research report, GCCs will add close to 3.64 lakh jobs within the next 12 months and the sector will scale up from the current […]

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Myntra invites applications for Internships in Human Resources
Hiring

Myntra invites applications for Internships in Human Resources

India’s leading platform for fashion brands and a pioneer in e-commerce play, Myntra is inviting applications for internships in Human Resources (HR). Myntra Phoenix Initiative Phoenix is Myntra’s initiative specifically designed to offer a launchpad to women on a career break. A six-month internship ensures a conducive environment, facilitating a smooth transition back to work. […]

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Adobe sacked 100 employees, majorly from the sales team
Layoffs

Adobe sacked 100 employees, majorly from the sales team

Adobe has reportedly laid off 100 employees but the firm confirms that the layoff is not companywide. The organization carried out the layoff process to reduce its expenses. Quick insights As per the 2022 financial reports of Adobe, the firm hired 28,700 workers. Adobe said that the company made a transition to support critical initiatives […]

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Vedantu cuts 385 jobs, leadership takes 50% pay cut
Layoffs

Vedantu cuts 385 jobs, leadership takes 50% pay cut

Edtech major Vedantu has laid off another 385 employees. This is nearly 11.6 percent of the company workforce. The Job cuts will affect the workforce from sales, HR, and content teams. This is the fourth round of layoffs undertaken by the edtech unicorn in 2022. Vedantu’s co-founders and a few members of the leadership team […]

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Morgan Stanley cuts about 1,600 jobs, 2% of its workforce
Layoffs

Morgan Stanley cuts about 1,600 jobs, 2% of its workforce

An American multinational investment management and financial services company, Morgan Stanley will lay off about 2% of its workforce. This affect about 1,600 positions workforce. The job cuts will affect workforce reductions at Goldman Sachs Group Inc and Citigroup Inc. The bank has more than 81,000 employees worldwide as of September 30. Morgan Stanley is making modest […]

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Microsoft to train over 100K developers on cloud in India
Industry

Microsoft to train over 100K developers on cloud in India

Microsoft announced the launch of Future Ready Champions of Code, a pan-India program for developers, focused on skilling, certification, and building solutions. The program aims to engage over 100K+ developers across industry and academia with the right set of skills, tools, and resources to drive and innovate for India’s growth. As a part of the […]

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PepsiCo to layoff hundreds of staff at headquarters
Layoffs

PepsiCo to layoff hundreds of staff at headquarters

An American multinational food, snack, and beverage company, PepsiCo Inc is planning to lay off hundreds of workers from its headquarters in the North American snacks and beverages division. “The overall US labour market remains historically tight, with employers competing for a limited pool of labor and bidding up wages despite an uncertain economic outlook,” the report […]

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Tata Motors helps 3400 students enroll in Engr & medical schools
Industry

Tata Motors helps 3400 students enroll in Engr & medical schools

Tata Motors launched the Engineering and NEET (National Eligibility Entrance Test) Admission Bridge Accelerated Learning Engagement initiative-ENABLE in January 2021 in association with the Navodaya Vidyalaya Samiti (NVS), Avanti Fellows and Ex-Navodayan Foundation. In FY22, Tata Motors has helped 3400 students enroll in India’s top engineering and medical schools, 40% of which have been women. A […]

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IBM Announces Senior Leadership Changes
Appointments

IBM Announces Senior Leadership Changes

IBM has announced two important announcements. First, the company is delighted to announce that Joanne Wright will become the new SVP of transformation and operations. Second, Obed Louissaint, SVP of transformation and culture, will step down from his role at IBM on December 31 to become the Chief Human Resources Officer of Aptiv. Obed as a seasoned […]

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TCS hiring freshers via the “TCS NQT”, last day to register 15 Jan
Hiring

TCS hiring freshers via the “TCS NQT”, last day to register 15 Jan

India’s largest IT service provider, TCS NQT registrations are now open for the special edition of the National Qualifier Test. This special edition of the TCS National Qualifier Test (TCS NQT) is ONLY for GRADUATES of 2018-2024, the last date of registration is 15th January 2023. TCS National Qualifier Test (TCS NQT) helps you prove your skills […]

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Violence & harassment at work affected more than 1 in 5 people
Survey & Report

Violence & harassment at work affected more than 1 in 5 people

According to the International Labour Organization (ILO), Lloyd’s Register Foundation (LRF), and Gallup more than one in five people (almost 23 percent) in employment have experienced violence and harassment at work, whether physical, psychological, or sexual. Violence and harassment at work are difficult to measure. The report found that only half of victims worldwide had […]

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Accenture and Persistent Systems open new centers. WFH Ends?
Industry

Accenture and Persistent Systems open new centers. WFH Ends?

Since Covid-19 has taken the edge off, organizations are returning to conventional working patterns. IT and Tech companies want their employees back to office and have started calling back them 2-3 days a week to offices. To encourage employees and facilitate them, companies are also starting smaller offices in cities where they have larger ones […]

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