Movement: HR News, Trends & Workplace Insights

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

Updated on: Sep 2024
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Nykaa Sues Ex-Executive Gopal Asthana, Now CEO of Tata Cliq
Movement

Nykaa Sues Ex-Executive Gopal Asthana, Now CEO of Tata Cliq

Nykaa, a prominent beauty and fashion product retailer in India, has taken legal action against its former Chief Business Officer (CBO), Gopal Asthana. Gopal, who now heads Tata Cliq’s fashion business, is accused of breaching confidentiality, misappropriating proprietary data, and attempting to harm Nykaa’s business. The lawsuit sheds light on the competitive dynamics within the […]

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Capgemini Acquires Syniti; Boosting Data Transformation
Merger & Acquisition

Capgemini Acquires Syniti; Boosting Data Transformation

In a strategic move aimed at enhancing its data-led solutions, global IT services giant Capgemini has announced the signing of an agreement to acquire Syniti, a leader in enterprise data management software and services. This acquisition is set to reshape the landscape of data management, particularly within the SAP ecosystem, and promises enhanced capabilities for data-driven transformations. Capgemini […]

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Meet Rajesh Varrier to be Chairman & MD, Cognizant in India
C-Suite Move

Meet Rajesh Varrier to be Chairman & MD, Cognizant in India

Cognizant recently announced the appointment of Rajesh Varrier as Global Head of Operations, effective September 2, 2024. Additionally, he will assume the role of Chairman and Managing Director, India on October 1, 2024, succeeding Rajesh Nambiar, who is leaving Cognizant to become the president of NASSCOM. Varrier will serve as an Executive Vice President, reporting […]

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The Rise of Women in Corporate Boards; Programs for Executives
Movement

The Rise of Women in Corporate Boards; Programs for Executives

In a corporate landscape traditionally dominated by men, Indian women are rewriting the script. Armed with determination and a thirst for change, they are enrolling in specialized programs designed to make them “board-ready.” These initiatives, offered by academic institutions, consulting firms, and private organizations, provide essential skills, mentorship, and networking opportunities. The Rise of Women […]

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Wipro New Facility in Rajasthan; A Boost in Jobs
Hiring

Wipro New Facility in Rajasthan; A Boost in Jobs

In a significant development, Wipro Hydraulics—a subsidiary of Wipro Enterprises—has inaugurated its sixth manufacturing facility in Jaipur, Rajasthan. This state-of-the-art plant, built with an investment of approximately Rs 250 crore, promises to play a pivotal role in Wipro Hydraulics’ expansion strategy, both in the domestic and international markets. The New Facility The facility is strategically […]

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Sreela Venkatraman Quits Tesla; high-pressure environment cited
C-Suite Move

Sreela Venkatraman Quits Tesla; high-pressure environment cited

In a surprising turn of events, Tesla Vice President – Finance and Business Operations, Sreela Venkatraman, has bid farewell to the electric vehicle (EV) giant after an impressive 11-year tenure. Her departure comes as part of a series of senior executive exits from the company, raising eyebrows and prompting discussions about the challenges of working […]

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Tech Firm Five9 Faces Tough Choices; Layoffs Announced
Labour Law

Tech Firm Five9 Faces Tough Choices; Layoffs Announced

Five9, a San Ramon-based contact center products vendor, has recently announced workforce reduction. The company has decided to lay off approximately 7 percent of its workforce. This move comes as part of the company’s broader efforts to drive balanced, profitable growth and increase shareholder value. The Layoff Announcement by Five9 In an email to employees, […]

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CFOs Take Center Stage; The New Decision-Makers at IT Firms
C-Suite Move

CFOs Take Center Stage; The New Decision-Makers at IT Firms

India’s top IT Firms experiencing a wave of leadership changes, with at least nine prominent companies appointing new Chief Financial Officers (CFOs) in the past 12 months. This trend comes on the heels of CEO exits and other leadership transitions that occurred in major IT firms during 2023. While some CFO appointments were driven by […]

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Cognizant Strategic Shift: Nambiar’s Exit, Varrier’s Dual Role
Movement

Cognizant Strategic Shift: Nambiar’s Exit, Varrier’s Dual Role

In a surprising turn of events, Rajesh Nambiar, Chairman and Managing Director (CMD) of Cognizant India, has announced his resignation. Nambiar, who held this pivotal position for less than a year, is set to embark on a new journey—one that will significantly impact the Indian IT landscape. Meanwhile, Cognizant has swiftly appointed a successor to […]

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Former Tech Mahindra Executive Jagdish Launches Humanize
Industry

Former Tech Mahindra Executive Jagdish Launches Humanize

On August 21, 2024, Jagdish Mitra, the former India business head of Tech Mahindra, made waves in the tech industry by launching Humanize—a generative AI IP-powered Software-as-a-Service (SaaS) startup. Just four months after bidding adieu to the IT services giant, Jagdish embarked on an entrepreneurial journey that promises to revolutionize how businesses leverage artificial intelligence. […]

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Hyderabad Overtakes Chennai: Cognizant New Global IT Hub
Industry

Hyderabad Overtakes Chennai: Cognizant New Global IT Hub

In a strategic move that shows the changing landscape of India’s IT industry, Hyderabad has quietly dethroned Chennai to become Cognizant largest global center. This shift signals a pivotal moment for the Nasdaq-listed IT giant. It emphasizes its focus on growth and innovation within the country. Cognizant The Numbers Speak Chennai vs. Hyderabad: Sources reveal […]

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Wipro CTO Subha Tatavarti Bids Farewell Amid Leadership Turmoil
Movement

Wipro CTO Subha Tatavarti Bids Farewell Amid Leadership Turmoil

Wipro, a leading global technology services company, has recently witnessed significant leadership changes. Subha Tatavarti, Chief Technology Officer (CTO), has tendered her resignation, effective from August 16, 2024. This development marks the fourth high-profile departure from what industry insiders have dubbed the ‘Delaporte camp. Wipro CTO Resigns: Background and Context Subha Tatavarti’s Tenure: Subha Tatavarti […]

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