Industry: HR News, Trends & Workplace Insights

Explore the latest Industry news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: May 2026
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Infosys to Build Mega AI Hub for Truist Financial; 4,500 Openings
Industry

Infosys to Build Mega AI Hub for Truist Financial; 4,500 Openings

Infosys Limited has secured a landmark contract worth over $500 million from U.S.-based Truist Financial Corp. The agreement involves establishing and managing a massive Global Capability Centre (GCC) in Hyderabad. This center is expected to create at least 4,500 new jobs over the next few years. The Build-Operate-Transfer (BOT) Model The project will be executed under a Build-Operate-Transfer (BOT) framework. Under […]

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Cognizant is Trading Experienced Roles for 20,000 Freshers
Industry

Cognizant is Trading Experienced Roles for 20,000 Freshers

Cognizant Technology Solutions has launched a sweeping strategic initiative titled “Project Leap,” aimed at fundamentally reshaping its operating model for an AI-driven future. The program, detailed during the company’s recent Q1 2026 earnings call, involves a major workforce realignment that industry reports suggest could lead to the reduction of 12,000 to 15,000 jobs globally. The “Shorter and Broader Pyramid” […]

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SBI Staff Federation Warns Against Risks of Outsourced Banking
Industry

SBI Staff Federation Warns Against Risks of Outsourced Banking

All India SBI Staff Federation (AISBISF) has announced a major escalation in its protest against the management of India’s largest public sector lender. Citing a “dangerous shift” in employment practices, the federation has called for a two-day nationwide strike on May 25 and 26, 2026, to oppose the increasing outsourcing of permanent banking roles and chronic staffing […]

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10,000 Starbucks Stores to See Weekly Pay and Extra Tips
Industry

10,000 Starbucks Stores to See Weekly Pay and Extra Tips

As part of its ongoing “Back to Starbucks” transformation, Starbucks Coffee Company has announced a sweeping series of compensation updates for its U.S. workforce. Starting in August 2026, the company will transition all U.S. “partners” (employees) to a weekly pay schedule, fulfilling widespread requests for faster access to earnings. Performance-Based Bonuses and Increased Earnings A centerpiece of the new […]

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KPMG Launches New Internal Monitoring Tool
Industry

KPMG Launches New Internal Monitoring Tool

In a significant shift toward data-driven workforce management, KPMG has launched a specialized internal dashboard to track how its consultants utilize artificial intelligence. Initially rolled out to the firm’s U.S. advisory division, the tool allows both employees and management to monitor AI adoption levels, marking a transition from experimental usage to measurable productivity. KPMG Gamifying AI Adoption The […]

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How Coal India is Transforming its Corporate Image for 2026
Industry

How Coal India is Transforming its Corporate Image for 2026

Coal India Limited (CIL) has officially rolled out a mandatory uniform policy for its approximately 2.25 lakh employees. Approved by the board on May 30, 2025, and implemented across all subsidiaries, the initiative aims to enhance the company’s brand image and foster a sense of professional identity among its workers. Coal India Standardizing the Corporate Identity Under […]

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Cognizant Joins TCS, HCLTech in Cutting Payouts Amid AI Push
Industry

Cognizant Joins TCS, HCLTech in Cutting Payouts Amid AI Push

IT services major Cognizant has cut back shareholder payouts, moving in line with peers like Tata Consultancy Services and HCLTech, as the industry shifts focus toward artificial intelligence (AI) growth and acquisitions. More Cash Moves Toward AI and Deals The Nasdaq-listed firm is now directing a larger share of its free cash flow into key […]

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SpiceJet Shrinking Fleet and 500+ Unpaid Employee Claims
Industry

SpiceJet Shrinking Fleet and 500+ Unpaid Employee Claims

Budget carrier SpiceJet is facing intensified scrutiny as more than 500 former employees have come forward claiming significant delays in their “Full and Final” (F&F) settlements. The allegations come at a time when the airline is already navigating a severe financial crisis, characterized by a shrinking fleet, mounting legal battles, and delayed salary payments for existing staff. The Breaking […]

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Hyundai Union Fights for Job Security and Record Payouts
Industry

Hyundai Union Fights for Job Security and Record Payouts

The labor union at Hyundai Motor Group has significantly upped the ante in its latest wage negotiations, demanding a performance bonus equivalent to 30% of the company’s 2025 net profit. This bold move follows a record-breaking fiscal year where the South Korean automotive giant reported a net profit of 10.36 trillion won (approximately $7.06 billion). A Multibillion-Dollar Proposal If accepted, the […]

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Accenture Sets Up New GCC in Pune with ₹325 Crore Deal
Industry

Accenture Sets Up New GCC in Pune with ₹325 Crore Deal

Accenture has signed a large office lease worth about ₹325 crore in Pune, showing its long-term focus on India’s tech sector. The company has taken more than 6 lakh square feet at Phoenix Millennium Towers, a fast-growing business area in Baner. The lease runs for over 15 years and is one of the biggest office […]

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Infosys Clears CEO Rewards While Workforce Awaits Wage News
Industry

Infosys Clears CEO Rewards While Workforce Awaits Wage News

Infosys, India’s second-largest IT services exporter, has officially approved a significant equity-based compensation package for its CEO and Managing Director, Salil Parekh. However, the decision has highlighted a growing disparity within the organization, as the timeline and quantum of annual wage hikes for its 3.2 lakh-strong workforce remain undecided. The CEO’s ₹52 Crore Reward On […]

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Accenture Scales Microsoft Copilot to 743,000 Employees
Industry

Accenture Scales Microsoft Copilot to 743,000 Employees

In the largest enterprise deployment of generative AI to date, Accenture has announced the global rollout of Microsoft 365 Copilot to its entire workforce of 743,000 employees. This massive expansion follows a successful multi-phased pilot program and positions the professional services giant as a primary laboratory for AI-driven workforce transformation. Accenture Measured Gains in Speed and […]

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