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: Jul 2021
TCS iON offers a 15-day free digital certification program
Industry

TCS iON offers a 15-day free digital certification program

TCS iON, a strategic business unit of Tata Consultancy Services offers a 15-day free digital certification program. This is has been named Career Edge for TCS ion digital learning hub platform. The job market today is fraught with challenges and is more competitive than ever before, requiring youth to put their best foot forward to […]

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Attrition in IT Industry Won’t Come Down- Apparao V V, CHRO, HCL Tech
Industry

Attrition in IT Industry Won’t Come Down- Apparao V V, CHRO, HCL Tech

According to a Business Standard report, Apparao V V, CHRO, HCL Technologies said in an interview with media that no matter what anyone does but attrition that we’re witnessing in the Indian IT industry will not come down because of demand-supply mismatch is very high. Explaining why are IT companies focusing on high numbers from campus […]

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Hewlett Packard Enterprise (HPE) has opted for Edge-to-Office work model
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Hewlett Packard Enterprise (HPE) has opted for Edge-to-Office work model

On July 19, writing a blog, President & CEO of Hewlett Packard Enterprise (HPE), Antonio Neri said, “Today for the first time in more than 16 months, HPE team members were able to meet and collaborate at our San Jose campus and nearly all of our U.S. sites. The company’s new Houston headquarters, currently under […]

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JPMorgan to hire more than 500 wealth management advisers
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JPMorgan to hire more than 500 wealth management advisers

JPMorgan Chase executives said on Thursday they plan to hire more than 500 financial advisers in the next five to seven years, as the largest U.S. bank aggressively expands its wealth management services for the very wealthy. The plan would more than double the 450 brokers now working for J.P. Morgan Advisors, the bank’s boutique wealth management firm. […]

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TCS to set up two new centres in Chennai, to create 35,000 jobs
Industry

TCS to set up two new centres in Chennai, to create 35,000 jobs

TCS is expanding its presence in Chennai with two new centres be set up in Sipcot, Siruseri Tata Consultancy Services (TCS) is expanding its presence in Chennai with two new centres in Sipcot, Siruseri, a suburb to the south on the IT corridor. The centres will have the potential to generate nearly 35,000 jobs, according […]

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Infosys reopens offices to get back on track
Industry

Infosys reopens offices to get back on track

Indian outsourcing giant Infosys told employees last week they could resume work from offices, according to a memo seen by Reuters that offers an early sign of the country’s $190 billion technology services sector moving to get back on track. The Bengaluru-based IT services company stopped short of calling all employees back to work, reflecting wider caution […]

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Apple to delay office returns to October
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Apple to delay office returns to October

Apple Inc will delay the return of its employees to office by at least a month to October at the earliest, as COVID-19 cases surge back in the United States and abroad, Bloomberg News reported. The iPhone maker will inform its employees at least a month before their expected return to offices, the report said, citing people familiar […]

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Laqshya Media announces ESOPs for its employees
Industry

Laqshya Media announces ESOPs for its employees

The Board of Directors of Laqshya Media Ltd. has decided to reward its employees by way of ESOPs for their hard work, long-term association, and contribution to building the company. The company has announced the Employees’ Stock Option Plan for which covers a wide spectrum of employees from junior to senior managers in the company. With this, Laqshya Media […]

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HCL Technologies plans to give Mercedes-Benz to top performers
Industry

HCL Technologies plans to give Mercedes-Benz to top performers

As demands for digital skills rising, employee attrition has come out as a challenge for IT Industry. HCL Technologies is working on a plan to give Mercedes-Benz to Top performers. HCL has reported an Attrition Rate at 11.8% in Q1 FY’22 (down from 14.6% last year and from the previous quarter 9.9%), reflective of the effectiveness of increased employee […]

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GM India has laid off 1,086 workers who didn’t accept the VSS plan
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GM India has laid off 1,086 workers who didn’t accept the VSS plan

According to ET report, General Motors India (GM India) has laid off 1,086 workers who didn’t accept a Voluntary Separation Scheme (VSS) at the automaker’s plant near Pune. Employee union has approached the industrial court against the company. Almost one-third of employees at the Talegaon facility have accepted the voluntary separation scheme by the July 4 deadline. […]

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HCL Technologies to hire 22,000 freshers in FY22, Attrition 11.8% in Q1
Industry

HCL Technologies to hire 22,000 freshers in FY22, Attrition 11.8% in Q1

IT major, HCL Technologies has announced its Q1 results for the Financial Year 2021-22 on July 19, The company reported a 9.9 percent rise in consolidated net profit to Rs 3,214 crore for the quarter ended June 30, 2021. And 11.7% growth in revenue in constant currency in the first quarter. However, the growth rates […]

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Cyient announces 12 weeks of gender-neutral parental leave
Industry

Cyient announces 12 weeks of gender-neutral parental leave

Engineering, manufacturing, and technology solutions company Cyient announces 12 weeks of gender-neutral parental leave across its offices globally. All the employees of Cyient Limited (formerly known as Infotech Enterprises Limited) can avail up to 12 weeks of leave after birth or adoption of a child. While launching the new gender-neutral parental leave policy, Krishna Bodanapu, the […]

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