Employment: HR News, Trends & Workplace Insights

Latest Employment HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employment.

Updated on: Sep 2024
Almonds AI Workforce Expansion Strategy; Hiring for FY25
Employment

Almonds AI Workforce Expansion Strategy; Hiring for FY25

Almonds AI, a leading player in the artificial intelligence (AI) and analytics space, has set its sights on an impressive goal: doubling its workforce by the end of the financial year 2025. This strategic move reflects the company’s commitment to innovation, client satisfaction, and sustained growth. Almonds AI Vision and Key Areas of Growth By […]

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India’s ELI Scheme; Boosting Employment and Social Security
ESIC

India’s ELI Scheme; Boosting Employment and Social Security

In a significant move towards promoting employment and ensuring social security for workers, the Ministry of Labour & Employment (MoLE), Government of India, recently convened an inter-ministerial consultation on the Employment Linked Incentive (ELI) Scheme. This scheme, introduced in the Union Budget 2024-25, aims to encourage formalization of the workforce and create meaningful job opportunities […]

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EY Hiring Drive; 4,000+ Job Roles for Professionals in India
Employment

EY Hiring Drive; 4,000+ Job Roles for Professionals in India

Ernst & Young (EY), a global professional services firm, is expanding its workforce in India and hiring more than 4,000 professionals countrywide. This ambitious recruitment drive spans multiple locations, from bustling metropolises to emerging tech hubs, as EY aims to tap into diverse talent pools. Diverse Job Roles and Specializations at EY EY’s hiring spree […]

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Dozee Healthtech Startup Restructures; 20% Workforce Laid Off
Employment

Dozee Healthtech Startup Restructures; 20% Workforce Laid Off

Bengaluru-based healthtech startup Dozee has recently implemented a significant workforce restructuring, resulting in the layoff of approximately 20% of its employees. The move comes as the company recalibrates its focus and allocates resources strategically to meet evolving business needs. Dozee Restructuring Decision Around 40 to 50 employees across various teams have been affected by the […]

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Infosys Freshers Left Hanging; IT Industry’s Headcount Blues
Employment

Infosys Freshers Left Hanging; IT Industry’s Headcount Blues

Infosys, one of India’s leading IT giants, recently made headlines when it sent out final offer letters to over 2,000 freshers from the 2022 batch. However, amidst the celebrations, approximately 700 campus hires are still waiting eagerly for their joining dates. These candidates, who have successfully cleared pre-training assessments, belong to two critical roles: System […]

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Reliance-Backed Firm Dunzo Cuts 75% of Workforce
Employment

Reliance-Backed Firm Dunzo Cuts 75% of Workforce

In a significant move that reflects the challenges faced by Bengaluru-based Dunzo, the quick-commerce service, the company has laid off approximately 75% of its employees. The decision comes as Dunzo grapples with financial woes, overdue payments, and the need to manage expenses effectively. Dunzo: Workforce Reduction and Cost-Cutting Measures Dunzo, a company initially known for […]

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Union Minister Chairs Roundtable Meeting with Trade Unions
Employment

Union Minister Chairs Roundtable Meeting with Trade Unions

Dr. Mansukh Mandaviya, Union Minister for Labour & Employment and Youth Affairs & Sports, chaired a roundtable meeting with representatives from Central Trade Unions Organisations (CTUOs) in New Delhi. The meeting, attended by Union Minister of State for Labour & Employment, Smt. Shobha Karandlaje, and senior officials of the Ministry, centered around critical labor-related discussions, […]

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JETRO Mission; Japanese Firms Seek Indian Talent
Employment

JETRO Mission; Japanese Firms Seek Indian Talent

In a harmonious blend of global aspirations and local talent, the Japan External Trade Organisation (JETRO) orchestrated an enlightening event in Bengaluru—the heart of India’s tech hub. University Connect, as it was aptly named, aimed to bridge the gap between Japanese businesses hungry for Indian expertise and Karnataka’s esteemed colleges. The result was a promising […]

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E-Commerce Revolution; 15.8 Million Jobs Created in India
Employment

E-Commerce Revolution; 15.8 Million Jobs Created in India

In a groundbreaking revelation, a recent report by the Pahle India Foundation sheds light on the transformative role of e-commerce in India’s jobs sphere. The study, titled “Assessing the Net Impact of e-Commerce on Employment and Consumer Welfare in India,” underscores the significant job creation spurred by online vendors. With 15.8 million jobs generated, including […]

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Reliance Retail’s impact: store closures & high employee turnover: Q1
Employment

Reliance Retail’s impact: store closures & high employee turnover: Q1

In a year marked by economic shifts and organizational recalibrations, Reliance Industries Ltd. (RIL) witnessed significant changes in its workforce. Let’s understand the details of RIL’s headcount fluctuations, strategies to counter attrition, and the demographic composition of its employees. Workforce Reduction and Voluntary Separations Headcount Decline: Mukesh Ambani-led RIL experienced a workforce reduction of 42,052 […]

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Reliance Industries to set up India’s first Solar Giga-Factory in fy25
Employment

Reliance Industries to set up India’s first Solar Giga-Factory in fy25

In a significant stride toward sustainable energy, Reliance Industries Limited (RIL) is poised to inaugurate India’s maiden solar giga-factory during the financial year 2025. This ambitious project underscores RIL’s commitment to green energy and its visionary Chairman, Mukesh Ambani, who is steering the conglomerate toward a cleaner and more resilient future. Reliance Solar Giga-Factory: All-in-One […]

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NCS Portal Surpasses 2 Million Active Vacancies: The Numbers
Employment

NCS Portal Surpasses 2 Million Active Vacancies: The Numbers

The National Career Service (NCS) Portal, an initiative by the Ministry of Labour and Employment, has achieved a significant milestone by surpassing 2 million active vacancies. This achievement underscores the platform’s expanding role in bridging the gap between job seekers and employment opportunities across diverse sectors in India. Efforts and Acceptance of NCS The success […]

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