News: HR News, Trends & Workplace Insights

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Updated on: Jun 2020
How US H1-B visa suspension will impact Indian IT giants
Jobs

How US H1-B visa suspension will impact Indian IT giants

US President Donald Trump issued a proclamation to suspend issuing of H-1B, H-2B, J, L, and other temporary work permits for immigrants until December 31, 2020. The proclamation comes into effect from 24 June. Trump said, “it is aimed to provide employment opportunities to more than 20 million Americans who have lost their jobs in […]

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Tata Sons N Chandrasekaran appointed on RBI board again
C-Suite Move

Tata Sons N Chandrasekaran appointed on RBI board again

The Central Government has re-nominated Tata Sons Chairman N Chandrasekaran as a part-time non-official director on the RBI’s central board Tata Sons’ Chairman N Chandrasekaran has been again nominated as a part-time non-official director of the RBI central board. His re-nomination is for two years from March 3, 2020. An announcement to this effect was […]

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TCS, Infosys, HCL, and Microsoft on Productivity in WFH
Survey & Report

TCS, Infosys, HCL, and Microsoft on Productivity in WFH

Top IT Companies’ Observations on “Productivity in Work From Home Setting” Due to the COVID-19 pandemic, most IT companies have given permission for professionals to work from home. IT and Tech majors are keen on making work from home seamless, engaging, and developing trust between their employees in a remote working environment. The expectation from […]

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MobiKwik plans to hire 100 people in this fiscal
Jobs

MobiKwik plans to hire 100 people in this fiscal

MobiKwik plans to hire 100 people in this fiscal including for product and engineering functions. Fintech major MobiKwik on Sunday said it expects to get back to growth trajectory around August-September as digital transactions pick up at offline retailers, and demand in categories like travel returns. The company also plans to hire about 100 people […]

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BMW to lay off 10,000 contract workers- Report
Coronavirus

BMW to lay off 10,000 contract workers- Report

BMW has confirmed that the German manufacturer is looking at axing at least 10,000 contract workers, in an effort to reduce its capacity due to the coronavirus crisis and help mitigate growing costs. According to Reuters to The Munich-based company said earlier on Friday it had reached an agreement with the works council for a […]

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Wipro’s Delaporte to be highest Paid CEO in IT Industry
Survey & Report

Wipro’s Delaporte to be highest Paid CEO in IT Industry

Wipro’s Thierry Delaporte to be highest Paid CEO in IT Industry Thierry Delaporte, CEO and MD designate of Wipro Limited could be the highest Paid executive ever to be hired by an Indian IT services firm. He will be paid an annual pay package of up to 4.45 million euros (about Rs 37.9 crore), according […]

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Air India offers Work for 3 Days a Week at 60% Pay
Coronavirus

Air India offers Work for 3 Days a Week at 60% Pay

Air India on Friday introduced a “shorter working week scheme” under which its permanent employees, except pilots and cabin crew members, can opt to work for three days a week at 60 percent salary, said, senior airline officials. This measure has been introduced in order to improve the airline’s cash flow position amid the coronavirus […]

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IBM to reduce office space by nearly half in India
Industry

IBM to reduce office space by nearly half in India

IBM is planning to reduce its office space in India by half, as the work-from-home model gains popularity after the COVID-19 outbreak. American IT giant IBM is planning to reduce its office space in India by half, as the work-from-home model gains popularity after the COVID-19 outbreak. The company plans to discontinue lease agreements at half of […]

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33% of Infosys Workforce to Work From Home permanently
Coronavirus

33% of Infosys Workforce to Work From Home permanently

33% of Infosys Workforce to Work From Home permanently only 66% to come to the office According to a report published in Trak.in, Richard Lobo, Executive Vice President, Head HR, Infosys said in a media interaction that in the long term, around 80,000 Infosys employees will never come to the office, they want 33% of […]

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HSBC to reignite its prior plan for a massive 35,000 job cut
Jobs

HSBC to reignite its prior plan for a massive 35,000 job cut

HSBC to reignite its prior plan for a massive 35,000 job cut which it had put on hold after the coronavirus outbreak On 17 June, Wednesday, HSBC, international bank, announced it will reignite its prior plan for a massive 35,000 job cut, which it had put on hold after the coronavirus outbreak. The layoffs were […]

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Ecom Express to hire 7,000 employees in next 2 months
Jobs

Ecom Express to hire 7,000 employees in next 2 months

Ecom Express plans to hire 7,000 employees in next 2 months in India The Gurugram-based logistics solutions provider company Ecom Express on 17 June, Wednesday announced it is planning to hire over 7,000 employees for full-time jobs across India in the next two months. The full-time openings span across business functions such as last-mile delivery, warehousing management, operations, information technology, […]

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DXC Technology lays off some staff in India
Jobs

DXC Technology lays off some staff in India

DXC Technology lays off some staff in India as global cost optimization exercise US-based IT services firm DXC Technology has started a fresh round of layoffs in India. The move was described by analysts as being part of a global cost optimization exercise. According to a TOI report, the affected employees were offered either two […]

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