Coronavirus: HR News, Trends & Workplace Insights

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

Updated on: Jul 2020
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OYO makes all staff shareholder, grants discounted ESOPs
Coronavirus

OYO makes all staff shareholder, grants discounted ESOPs

OYO makes all staff shareholder in the company by granting them discounted ESOPs Covid-19 impact: In a letter to staff, Oyo Hotels and Homes said it’s making every employee a shareholder in the company, providing them with deeply discounted ESOPs (Employee Stock Ownership Plan). The hospitality major Oyo also noted that the COVID-19 pandemic has had […]

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Uber closed down Mumbai office permanently as cost cuts
Coronavirus

Uber closed down Mumbai office permanently as cost cuts

Uber has closed down Mumbai office permanently as part of a global cost-cutting measure COVID-19 Impact: The ride-hailing app Uber has closed down its Mumbai office as part of a global cost-cutting measure. Uber has wind up as many as 45 offices around the world as part of global cost cuts. According to media reports, The […]

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Accenture cuts up to 900 jobs as Covid-19 hits demand
Coronavirus

Accenture cuts up to 900 jobs as Covid-19 hits demand

Accenture cuts up to 900 jobs in UK as Covid-19 pandemic hits demand Consulting firm Accenture is cutting up to 900 jobs, or 8% of its UK workforce, as the coronavirus pandemic prompted a sharp slump in demand for its advisory work. Demand for consultants has dropped during the financial downturn caused by the pandemic, […]

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Amdocs to lay off hundreds of employees: Report
Coronavirus

Amdocs to lay off hundreds of employees: Report

Amdocs to lay off hundreds of employees worldwide, including senior positions Israeli telecom systems IT solutions provider Amdocs Ltd is set to lay off hundreds of employees in Israel and around the world due to the impact of the coronavirus pandemic. According to a report published in Israeli-based website Calcalist, Amdocs’s quarterly earnings is around $1 […]

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Infosys to adapt a hybrid workplace model
Coronavirus

Infosys to adapt a hybrid workplace model

Work from home: Infosys to adapt hybrid workplace model The country’s second-largest IT services firm, Infosys is looking at a hybrid model, where some portion of the employees will work from home (WFH) and office in the coming months, said UB Pravin Rao, COO, Infosys. According to a Monycontrol report, speaking at the 39th Infosys AGM, […]

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upGrad extends WFH till Dec 31, reverses salary cuts
Coronavirus

upGrad extends WFH till Dec 31, reverses salary cuts

upGrad extends Work From Home till 31 Dec 2020, reverses salary cuts PTI | Education technology firm upGrad on Wednesday announced that it will continue work from home for employees till the end of this year and pay back salaries deducted during the lockdown period. upGrad will not start work from office even if the […]

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Accenture wants “No late calls and fewer Friday meetings”
Coronavirus

Accenture wants “No late calls and fewer Friday meetings”

Accenture wants its employees less stressed, announces No late calls and fewer Friday meetings As the world in under lockdown and IT professionals are working from home, top IT services major Accenture feels that the employees are more stressed while being at home. According to a Bloomberg report, Accenture has asked people to end conference calls by around 5:30 […]

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The role of HR Analytics in New Normal
Coronavirus

The role of HR Analytics in New Normal

The COVID-19 pandemic has turned into a global health crisis of our time impacting severely our day to day life. With the industry growth rates projected to be the lowest in many years/decades, Business Continuity from a workforce management perspective will take precedence and HR teams will be required to track, measure, and pre-empt what can […]

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JSW extends WFH option to 50% of Ballari plant workforce
Coronavirus

JSW extends WFH option to 50% of Ballari plant workforce

JSW steel extends work from home option to 50% of its Ballari plant workforce JSW Steel is trying to maintain capacity utilization at its main steel plant at Ballari in Karnataka even as it has extended Work From Home option to 50% of its workforce amid the growing number of COVID-19 cases. It has set […]

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Nike Inc plans to cut jobs in digital push
Coronavirus

Nike Inc plans to cut jobs in digital push

Nike announces likely job cuts, $790 million loss due to COVID-19 on its business globally. Nike Inc. an American multinational corporation, warned of job cuts as the world’s largest footwear maker ramps up efforts to sell directly to customers through its online and retail channels. Nike, Inc. is engaged in the design, development, manufacturing, and worldwide […]

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Accenture to curb hiring, halt some promotions to cut costs
Coronavirus

Accenture to curb hiring, halt some promotions to cut costs

Accenture to curb hiring and halt some promotions as cost cutting measures Accenture Plc, one of the world’s largest consulting firms, will curb hiring and halt some promotions in the midst of the coronavirus pandemic. New hiring will focus on the replacement of subcontractors, Chief Executive Officer Julie Sweet said Thursday on an earnings call. […]

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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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