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: Feb 2021
HCL Technologies inks 5-year service agreement with Airbus
Jobs

HCL Technologies inks 5-year service agreement with Airbus

HCL Technologies inks 5-year service agreement with Airbus HCL Technologies (HCL), a leading global technology company, today announced it has signed a five-year Digital Workplace Services Agreement with Airbus. HCL will establish a modernized digital workplace to enhance the user experience and service quality for the majority of Airbus employees globally. HCL was selected as […]

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Hero MotoCorp sets up separate unit to sell Harley motorcycles
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Hero MotoCorp sets up separate unit to sell Harley motorcycles

Hero MotoCorp sets up separate unit to sell Harley motorcycles Reuters | India’s Hero MotoCorp has set up a separate business unit to sell Harley-Davidson vehicles in India, Hero said on Wednesday, months after the U.S. company ended most of its operations in the world’s largest motorcycle market. Hero has added 11 Harley-Davidson dealers in […]

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Government’s Efforts to Generate Youth Employment
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Government’s Efforts to Generate Youth Employment

Government’s Efforts to Generate Youth Employment Annual Periodic Labour Force Survey (PLFS) on employment and unemployment is conducted by National Statistical Office (NSO), Ministry of Statistics and Programme Implementation since 2017. As per the PLFS 2018-19, the estimated unemployment rate for persons of age 15 years and above on usual status (principal status + subsidiary […]

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ESIC further librated claim process under Atal Beemit Vyakti Kalyan Yojana
Labour Law

ESIC further librated claim process under Atal Beemit Vyakti Kalyan Yojana

ESI Corporation, claim process under Atal Beemit Vyakti Kalyan Yojana further liberated Atal Beemit Vyakti Kalyan Yojana of ESI Corporation provides relief in form of cash compensation to Insured Persons in the contingency of their unemployment. Presently under this Scheme 50% of average earning of the Insured Person is paid for maximum 90 days in […]

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Titan appoints Swadesh Behera as CHRO
CHRO Move

Titan appoints Swadesh Behera as CHRO

Titan appoints Swadesh Behera as Chief Human Resources Officer Titan has announced the appointment of Swadesh Behera as Chief Human Resources Officer, effective July 2021. He replaces R Rajnarayan who will retire on June 30. Prior to this, Swadesh was Senior Director – HR at Boston Scientific Corporation (BSC). His previous stints include Ranbaxy, Coca […]

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Industry Reactions on Union Budget 2021-22
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Industry Reactions on Union Budget 2021-22

Industry Reactions on Union Budget 2021-22 Union Budget 2021 India: In the midst of an economic slowdown induced by the ongoing pandemic, the Hon’ble Finance Minister Nirmala Sitharaman presented Union Budget 2021- 22 on February 1 in Parliament. Here are Industry reactions on the same… Kumar Mayank, Founder – Zimyo The Union Budget this year […]

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Jeff Bezos to step down as Amazon Chief Executive Officer
C-Suite Move

Jeff Bezos to step down as Amazon Chief Executive Officer

Jeff Bezos to step down as Amazon CEO; Andy Jassy named the new CEO Jeff Bezos will step down as Amazon CEO and become the company’s executive chairman later this year. The transition, slated for the third quarter, will make Amazon Web Services’ (AWS) founder Andy Jassy Amazon’s next chief executive officer. This, even as the e-commerce company reported its third consecutive […]

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65% working women feel Covid impacted their careers negatively: Survey
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65% working women feel Covid impacted their careers negatively: Survey

65% working women feel Covid impacted their careers negatively: Survey The impact of the pandemic has been disastrous for many, including women, as 65 per cent of working women feel that Covid-19 has impacted their careers negatively, a survey said on Tuesday. In the survey, 4 in 10 women reported job losses in 2020. In April and May alone, […]

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Mahindra & Mahindra Finance appoints Anish Shah as Chairman
C-Suite Move

Mahindra & Mahindra Finance appoints Anish Shah as Chairman

Mahindra & Mahindra Finance appoints Anish Shah as Chairman Mahindra & Mahindra Financial Services (Mahindra Finance) has announced the appointment of Anish Shah as the chairman of the board, effective April 2, 2021. Shah is already a director of the company. He is the deputy managing director and group CFO of Mahindra and Mahindra […]

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Tech Mahindra to cut BPO staff by 5,000 in FY21
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Tech Mahindra to cut BPO staff by 5,000 in FY21

Tech Mahindra to cut BPO staff by 5,000 in FY21 due to automation Despite rising revenues, IT major Tech Mahindra is set to reduce its business process services (BPS) headcount by 5,000 to 38,000 in FY 2020-21, as a larger part of the tasks get completed through automation and artificial intelligence. Company executives said there is a […]

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Siemens Energy to shed 7,800 jobs worldwide
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Siemens Energy to shed 7,800 jobs worldwide

Siemens Energy to shed 7,800 jobs worldwide Energy technology company Siemens Energy said Tuesday that it plans to shed 7,800 jobs worldwide by 2025 as part of a drive to cut costs. The company, which was spun off last year by German industrial conglomerate Siemens AG, currently has more than 90,000 employees around the world. It […]

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Cognizant Completes Acquisition of Magenic Technologies
Merger & Acquisition

Cognizant Completes Acquisition of Magenic Technologies

Cognizant Completes Acquisition of Magenic Technologies, Broadening Its Global Software Product Engineering Network Cognizant has completed the previously announced acquisition of Magenic Technologies, a privately-held custom software development services company headquartered in Minneapolis, Minnesota. The acquisition expands Cognizant’s software product engineering footprint, adding 475 employees in the U.S. across seven locations, and more than 350 […]

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