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: Nov 2022
Jet Airways Cuts Salaries, Sends Several Employees On Leave Without Pay
Compensation

Jet Airways Cuts Salaries, Sends Several Employees On Leave Without Pay

An Indian airline, Jet Airways has decided to send about 60 percent of its employees to leave without pay (LWP) from December 1 for three months. Some of the senior management will also be part of LWP. The airline has also cut some employees’ salaries by up to 50 percent. The quantum would be higher […]

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Zomato co-founder Mohit Gupta resigns
C-Suite Move

Zomato co-founder Mohit Gupta resigns

Indian multinational restaurant aggregator and food delivery company, Zomato Ltd confirmed on Friday that its co-founder, Mohit Gupta has resigned from the company. Mohit resigned after about five years at the food aggregator. His resignation follows that of the company’s deputy chief financial officer, Nitin Savara, who stepped down in August. He also said that he stepped […]

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#RIPTwitter Trends on Twitter amid reports of mass resignations
Industry

#RIPTwitter Trends on Twitter amid reports of mass resignations

Twitter employees on Friday started a ‘#RIPTwitter’ trend as hundreds of the company’s employees are estimated to be leaving the company. The hashtag “RIPTwitter” started trending on Twitter where users shared hilarious memes and posts while highlighting that the platform might soon shut down. Elon Musk issued employees an ultimatum saying that stay with the […]

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Oracle is hiring for various roles including remote & WFH jobs
Hiring

Oracle is hiring for various roles including remote & WFH jobs

A cloud technology company, Oracle India is hiring for various roles including remote & Work from-home (WFH) Jobs. Commenting on the hiring process, “From advancing energy efficiency to reimagining online commerce, the work we do is not only transforming the world of business—it’s protecting governments, powering non-profits, and giving billions of people the tools they […]

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Foxconn Group to hire 100,000 workers
Hiring

Foxconn Group to hire 100,000 workers

The world’s largest electronics manufacturer, Foxconn has hit a hiring target of 100,000 new workers. The company is hiring for its Zhengzhou plant in China. The apple supplier had eased production pressure at the COVID-hit site. Foxconn quadrupled bonuses for workers who stayed with the organization. The company additionally began a recruitment drive that advertised higher […]

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Goldman Sachs India Campus Hiring Program 2022-23; last date to apply, Nov 29
Hiring

Goldman Sachs India Campus Hiring Program 2022-23; last date to apply, Nov 29

A leading global investment banking, securities, and investment management firm, Goldman Sachs India is inviting applications for Engineering Campus Hiring Program 2022-23, Summer Analyst Internship 2023 & many more. Engineering Campus Hiring Program 2022-23: The Engineering Campus Hiring Program is the firm’s initiative to engage and hire top engineering talent from across engineering schools in […]

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TruKKer appoints Coca-Cola’s Pranav Prasoon as CPO
CHRO Move

TruKKer appoints Coca-Cola’s Pranav Prasoon as CPO

A global logistics & transportation company, TruKKer appoints Capt Pranav Prasoon Thakur as Chief People Officer (CPO) on Thursday, 17th November 2022. In his new role, Pranav will work with TruKKer’s leadership team in transforming people practices, culture, and business evolution. TruKKer is weaving a central layer of control and transparency through data-led innovations in the trucking world […]

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Croma appoints Tata Coffee’s Sudhansu Misra as CHRO
CHRO Move

Croma appoints Tata Coffee’s Sudhansu Misra as CHRO

Tata Groups’s one-of-its-kind large retail format Infiniti Retail Ltd., Croma has announced the appointment of Sudhansu Misra as Chief Human Resources Officer (CHRO). Sudhansu Misra has confirmed the development on social media and said, “I’m happy to share that I’m starting a new position as Chief Human Resources Officer at Croma, Infiniti Retail Limited!” Sudhansu is an […]

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Meta elevates Sandhya Devanathan as Country Head
C-Suite Move

Meta elevates Sandhya Devanathan as Country Head

An American multinational technology conglomerate, Meta has announced the appointment of Sandhya Devanathan as the Country Head and Vice President, India Business. Sandhya Devanathan will be in her new role from January 1, 2023. She will report to Dan Neary, Vice President, Meta APAC and will be a part of the APAC leadership team and move […]

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JP Morgan is hiring for various profiles including Remote & WFH
Hiring

JP Morgan is hiring for various profiles including Remote & WFH

A leading global financial services firm, JP Morgan is hiring for various profiles including Remote & Work From Home (WFH) in India and globally. Commenting on the hiring process the company said, “Do work that will have a positive impact on your customers, clients, and communities while being supported by smart, motivated colleagues. Learn more […]

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Amazon confirms layoffs and sends emails to impacted employees
Layoffs

Amazon confirms layoffs and sends emails to impacted employees

An American multinational technology company focusing on e-commerce, Amazon has confirmed the layoffs at the company. However, The company did not reveal the exact number of employees laid off however as per the earlier reports 10,000 employees or 3 percent of its workforce were expected to be laid off. Impact on India Team These cuts […]

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Infosys to roll out 65% variable pay for Q2
Compensation

Infosys to roll out 65% variable pay for Q2

India’s second-largest IT major, Infosys announced that its employees will be receiving 65 percent variable pay for the July – September quarter of FY23. According to the email sent to employees, the average payout at an organization level is 65% for Q2FY23 and the individual payout percentages will differ based on the individual’s performance and contribution […]

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