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Tata Group plans layoffs to save fixed costs as profit dips
Coronavirus

Tata Group plans layoffs to save fixed costs as profit dips

Tata Group plans layoffs to save fixed costs as profit dips- Report According to The Times-News Network (TNN), as the COVID-19 crisis continues, The Tata Group may eliminate jobs at some businesses to save fixed costs as it grapples with falling profits due to the pandemic, and global economic projections pointing to a challenging time […]

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GoDaddy announced restructuring, impact 814 employees
Coronavirus

GoDaddy announced restructuring, impact 814 employees

GoDaddy announced restructuring plan, says to impact 814 employees Web hosting company GoDaddy Inc on Wednesday announced a restructuring plan that will affect about 12% of its total workforce, or about 814 employees, due to the fallout from the coronavirus crisis. The world’s largest domain registrar said the employees will either be let go or […]

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Landmark Group appoints new President- Group HR
CHRO Move

Landmark Group appoints new President- Group HR

Landmark Group appoints Sandeep Batra as President- Group HR, he replaces Venkatramana B who is superannuating on 30 June. Sandeep Batra joins Landmark Group as President- Group HR. He replaces Venkatramana B who is superannuating on 30 June 2020. However, he will remain with the Group till September 2020 as an advisor. Prior to joining Landmark Group, Sandeep […]

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Cognizant started laying off bench employees
Coronavirus

Cognizant started laying off bench employees

Cognizant started laying off bench employees, the number could reach up to 18,000 employees Cognizant has started terminating its bench employees, the process is simple– move to the bench and induced resignation after 41 days. Moneycontrol also reports, the terminations are happening at the associate level, mostly mid-level employees, and above, those employees who are […]

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Capgemini appoints Anne Lebel as new Group CHRO
CHRO Move

Capgemini appoints Anne Lebel as new Group CHRO

Anne Lebel joins the Capgemini Group as Chief Human Resources Officer Capgemini announced today, 24 June the appointment of Anne Lebel as Chief Human Resources Officer (CHRO) and Group Executive Board Member, effective July 20, 2020. Anne brings to the Group over two decades of experience in leadership development and talent management on a global […]

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What’s Next in the HR Space Post COVID-19
Hot Topic

What’s Next in the HR Space Post COVID-19

Many are asking, “What’s next?” following this unprecedented global pandemic? Some suggest that society is now in a “new normal” which seems ludicrous given that people are practicing social distancing and home sheltering, which is far from normal. Others speculate that organizations will move from “A” to “B” (e.g., from office work to nearly all work […]

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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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Building Sustainable Business thru Digitization of HR func
Transformation

Building Sustainable Business thru Digitization of HR func

Building Sustainable Business through Digitization of HR functions Digitization of HR is now a necessity and organizations are compelled to make tech investments. Whether one is at the beginning of that journey or partway through, the challenge of whether technology alone is sufficient and to what extent is the human side of HR still relevant, […]

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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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