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: Jan 2023
Corporates focus on gender diversity, to hire more women in 2023
Industry

Corporates focus on gender diversity, to hire more women in 2023

Corporate India has been hiring women professionals focusing on gender diversity. It is expected that companies will hire more women in 2023. According to a survey conducted by Burgundy Private, a private banking business of Axis Bank and Hurun India, Tata Consultancy Services (TCS) has more female employees than any company in India. This is the second edition […]

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India’s unemployment rate is highest for Dec in 16 months at 8.3%
Industry

India’s unemployment rate is highest for Dec in 16 months at 8.3%

As per the recent data released by the Centre for Monitoring Indian Economy (CMIE) India’s unemployment rate rose to 8.30% in December which is the highest in 16 months. Last month’s unemployment rate was 8.00%. The urban unemployment rate rose to 10.09% in December from 8.96% in the previous month. On the other end, the rural […]

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Tata Motors to buy Ford’s Sanand plant in Jan, to retain all staff
Industry

Tata Motors to buy Ford’s Sanand plant in Jan, to retain all staff

Tata Motors has said the acquisition of Ford India’s manufacturing plant at Sanand through its subsidiary will be completed on January 10, 2023. “With existing capacities near saturation, this acquisition will unlock an additional state-of-the-art manufacturing capacity of 3,00,000 units per annum which is scalable to 4,20,000 units per annum,” the company said. Additionally, TPEML has […]

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Failed background checks are new normal, will 2023 be a year of layoffs?
Industry

Failed background checks are new normal, will 2023 be a year of layoffs?

The year 2022 became a topic of discussion for layoffs based on two grounds which are Failed Background Checks and Moonlighting. Layoffs are a difficult decision for companies but 2022 has been a year of layoffs. Top tech companies have either frozen the hiring process or laid off employees. This year nearly 1 Lakh employees lost […]

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Enhanced skills to be in the spotlight in 2023
Industry

Enhanced skills to be in the spotlight in 2023

As per TOI, It is expected that the Enhanced skills to be in the spotlight in 2023. TeamLease report said that India’s hiring sentiment for the services sector stands strong in the March quarter. A mixed bag of opportunities is likely to greet job aspirants in the New Year as telecom-oriented sectors. It is expected […]

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Four employees died in a fire incident at Laurus Labs
Industry

Four employees died in a fire incident at Laurus Labs

A fire incident happened at the Indian multinational pharmaceutical and biotechnology company Laurus Labs in which four employees died. The incident happened in a room in a manufacturing block of its plant in Visakhapatnam, Andhra Pradesh leading to the death of four employees. As per reports, The other manufacturing blocks were running normally and it […]

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We are likely to see inflation gradually moderate in 2023- Tata Chief
Industry

We are likely to see inflation gradually moderate in 2023- Tata Chief

The year 2022 has seen lots of layoffs due to COVID-19. Tata Group Chairman N. Chandrasekaran in the New Year letter to employees has said, ‘In 2023, we are likely to see inflation gradually moderate.’ Tata Group Chairman N. Chandrasekaran said, “Next year we are likely to see inflation gradually moderate. India is well positioned, […]

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Senior executives, some pilots, and cabin crew left Jet Airways
Industry

Senior executives, some pilots, and cabin crew left Jet Airways

In an Indian airline, Jet Airways, some of its senior management executives, pilots, and cabin crew left the airline on December 26. As per the reports, the pilots and cabin crew that have exited from the airline many of them were on standby. They have quitted Jet Airways to join other airlines. Among the senior […]

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Companies may reconsider WFH option due to Covid-19 4th Wave
Industry

Companies may reconsider WFH option due to Covid-19 4th Wave

Earlier, Covid waves changed the working pattern of companies around the globe from working from the office to Working from home. However, in the last couple of months companies have shifted from remote to Hybrid or allowing employees to work from the office at least a few days a week. Current Working Pattern Current Scenario […]

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Shiva Ayyadurai applies for Twitter CEO, asked Musk to select him
Industry

Shiva Ayyadurai applies for Twitter CEO, asked Musk to select him

Indian-origin Shiva Ayyadurai has applied for the position of CEO in Twitter and asked Elon Musk to choose him. Indian-origin Shiva Ayyadurai shared his interest in the position through a tweet and said, “I am interested in the CEO position @Twitter. I have 4 degrees from MIT & have created 7 successful high-tech software companies. Kindly […]

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CBI arrests ex- ICICI Bank chief Chanda Kochhar & her husband
Industry

CBI arrests ex- ICICI Bank chief Chanda Kochhar & her husband

The Central Bureau of Investigation (CBI) has arrested former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar in the Videocon case. The CBI had said in a statement after filing the FIR in 2019, It was alleged that the accused sanctioned certain loans to private companies in a criminal conspiracy with […]

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NATO releases new HR Management Toolkit for the Public Sector
Industry

NATO releases new HR Management Toolkit for the Public Sector

The new Human Resource Management (HRM) Toolkit for the Public Sector was released by the NATO Building Integrity (NATO BI) Programme on 24 October 2022. It was initiated and developed by the Norwegian Centre for Integrity in the Defence Sector (CIDS). The toolkit offers an interactive guide to integrity-building in the public sector, including systematic […]

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