News: HR News, Trends & Workplace Insights

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Updated on: Oct 2022
Infosys layoffs employees for moonlighting
Layoffs

Infosys layoffs employees for moonlighting

An Indian multinational information technology company, Infosys has fired a few employees in recent months for moonlighting. However, the exact numbers are not mentioned. CEO Salil Parekh said, “If we have found employees doing work in two different companies, where there are confidentiality issues, we have let them go in the last 12 months.” However, Parekh also said […]

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Infosys added over 10,032 employees in Q2, attrition rate 27.1%
Industry

Infosys added over 10,032 employees in Q2, attrition rate 27.1%

India’s second-largest IT major, Infosys has announced the Q2 result yesterday. The company has also announced a share buyback worth Rs. 9,3000 crores along with an interim dividend of Rs. 16.5 per share. However, Infosys shares closed about 0.7% lower ahead of its Q2 announcement. As of September 30, 2022, The company added 10,032 employees. Nilanjan Roy, Chief […]

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Wipro rolls out 5-year salary plan for campus recruits
Industry

Wipro rolls out 5-year salary plan for campus recruits

India’s IT Major, Wipro has announced its five-year plan for freshers detailing their salary structure, including annual increments and bonuses for campus hires. According to a Mint report, Saurabh Govil, Global HR Head of Wipro said in an Interview, “In terms of career and remuneration, we communicated a very clear five-year plan.” “The company has […]

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HCLTech appoints Ramachandran Sundararajan as new Chief People Officer
C-Suite Move

HCLTech appoints Ramachandran Sundararajan as new Chief People Officer

India’s third largest IT company HCLTech has announced a restructuring of its top leadership team and named key roles including the Chief People Officer and COO The company appoints Ramachandran Sundararajan, who joined the company in 2006 as the new Chief People Officer, and Rahul Singh as Chief Operating Officer. Ramachandran replaces VV Apparao, who has been associated […]

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HCLTech disapproved moonlighting, continues to add people in Q2
Industry

HCLTech disapproved moonlighting, continues to add people in Q2

A global technology company, HCLTech has said that it does not approve of dual employment, the issue is not a major one within the company. Ramachandran Sundararajan, Chief People Officer of the company said during the Q2 earnings briefing said, “Dual employment while working for HCL Tech…we do not approve that.” “Everybody who signs up to […]

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Byju’s to layoff 2500 employees
Layoffs

Byju’s to layoff 2500 employees

As per the company’s statement, A global ed-tech company, Byju’s will be laying off nearly 5 percent of the workforce or 2,500 employees. The company said the layoffs are a step to cut costs and achieve overall profitability. It added that lay off of employees will be across the departments to cut costs. The layoffs will not […]

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Wipro promotes 10,000 employees in the second quarter
Industry

Wipro promotes 10,000 employees in the second quarter

Wipro Limited, a leading technology services and consulting company has announced financial results under International Financial Reporting Standards (IFRS) for the second quarter that ended September 30, 2022. The company reports second-quarter earnings and records strong growth in revenues and large deal signings. Thierry Delaporte, CEO and Managing Director, said, “Our strong performance in the […]

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Cornerstone India appoints Nishchae Suri as MD
C-Suite Move

Cornerstone India appoints Nishchae Suri as MD

Cornerstone OnDemand, Inc., a leader in adaptive HR solutions has announced the appointment of Nishchae Suri as Managing Director at Cornerstone India. Nishchae in his new role will lead the overall business of Cornerstone in India and will be responsible for spearheading strategic growth, operations and leading Cornerstone’s local1600+ team to deliver strong results. Speaking on […]

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Do you know How Wipro caught 300 moonlighters?
Industry

Do you know How Wipro caught 300 moonlighters?

India’s IT services provider company, Wipro has recently laid off 300 employees who were found working with its competitor companies at the same time employment with Wipro. Rajiv Mehta has shared a tweet saying, “#Wipro employees sacked as they took advantage of work from home and worked parallelly with another company. How #Digital #India has precisely […]

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Adani Group offers International Scholarships Program, Apply
Industry

Adani Group offers International Scholarships Program, Apply

A diversified organization in India, Adani group has collaborated with the UK government to sponsor 5 Chevening scholars. The Group is inviting applications from students for the international scholarships program. Chevening is the UK government’s international scholarships program. It is funded by the Foreign, Commonwealth, and Development Office and partner organizations. Commenting on the process […]

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Azure Power appointments of Shweta Srivastava as CHRO
CHRO Move

Azure Power appointments of Shweta Srivastava as CHRO

Azure Power, a leading sustainable energy solutions provider and renewable power producer in India, has announced the appointment of Shweta Srivastava as its Chief Human Resource Officer (CHRO). In her new role, Shweta will be responsible for leading human resource strategy in support of the overall business plan and strategic direction of the Company specifically in […]

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Infosys President Ravi Kumar S has resigned
C-Suite Move

Infosys President Ravi Kumar S has resigned

India’s second-largest IT major, Infosys has announced that its President Ravi Kumar S has resigned from his post. As president, Ravi Kumar S was responsible for the Infosys Global Services Organisation across all industry segments. Additionally, Ravi Kumar led the services lines and specialized digital sales across consulting, technology, infrastructure, engineering, and process verticals. He has […]

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