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: Aug 2024
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Gautam Adani plans to retire, who will succeed him as Chairman?
C-Suite Move

Gautam Adani plans to retire, who will succeed him as Chairman?

Adani Group chairman Gautam Adani, 62, plans to retire at the age of 70 and shift control to his sons and their cousins in the early 2030s. He shared these plans in an interview with Bloomberg News published on Monday. The transition of stakes in the conglomerate’s firms to his heirs will be governed by […]

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General Motors Talent Strategy: Rules of Performance Evaluation
Compensation

General Motors Talent Strategy: Rules of Performance Evaluation

In a strategic move aimed at staying competitive in an evolving automotive industry, General Motors (GM) has announced significant changes to its salaried performance evaluation and bonus plan. These alterations are designed to attract top talent, reward high achievers, and address underperformance head-on. General Motors: A Shifting Automotive Industry The automotive industry is undergoing a […]

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Boeing New CEO, Kelly Ortberg Takes Charge Amidst Challenges
Appointments

Boeing New CEO, Kelly Ortberg Takes Charge Amidst Challenges

On July 31st, aviation behemoth Boeing announced the appointment of Kelly Ortberg as its new CEO. Kelly, an industry veteran, steps into a role laden with responsibilities and complexities. His mission is to steer Boeing through turbulent skies, addressing critical issues and restoring the company’s reputation. In his inaugural address, Ortberg wasted no time in […]

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Sony Pictures Announces Retirement of Key Leadership
C-Suite Move

Sony Pictures Announces Retirement of Key Leadership

In a significant development, Sony Pictures Networks India (SPNI) bids farewell to two influential leaders, effective August31, 2024. The announcement includes retirement of General Counsel Ashok Nambissan and Chief Financial Officer (CFO) Nitin Nadkarni. Nitin Nadkarni: Chief Financial Officer (CFO) Sony Pictures Nitin Nadkarni, who joined SPNI in 2005, has been an invaluable leadership team […]

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Hexnode Appoints Tim Bell as Vice President – Sales, EMEA & APJ
Appointments

Hexnode Appoints Tim Bell as Vice President – Sales, EMEA & APJ

Hexnode, the enterprise software division of Mitsogo Inc., has announced the appointment of Tim Bell as Vice President – Sales for the EMEA (Europe, Middle East, and Africa) and APJ (Asia-Pacific and Japan) regions. With an impressive 24 years of sales leadership experience in the technology industry, Tim is poised to drive Hexnode’s strategic growth initiatives across these critical markets. Tim Bell’s Experience Tim […]

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Swiggy Strengthens Leadership Team with Key Appointments
Appointments

Swiggy Strengthens Leadership Team with Key Appointments

Swiggy, India’s leading on-demand convenience platform, has announced strategic additions to its leadership team. These appointments show Swiggy’s commitment to enhancing convenience and efficiency in on-demand services, particularly through its quick commerce platform, Swiggy Instamart. Himavant Srikrishna Kurnala: Senior Vice President (SVP) and Head of Product, Instamart Himavant Srikrishna Kurnala, a seasoned professional with over […]

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Sanjeev Krishan re-elected as Chairperson of PwC in India
Appointments

Sanjeev Krishan re-elected as Chairperson of PwC in India

PricewaterhouseCoopers (PwC) India has announced the re-election of Sanjeev Krishan as Chairperson for a second term. Krishan, with over 33 years of experience at PwC, will continue to lead the firm in India, both internally and externally. His reappointment is effective from April 1, 2025, for a four-year tenure. Krishan’s initial term as Chairperson commenced […]

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TCS Return to Office: A Step Closer to Pre-Pandemic Normalcy
Movement

TCS Return to Office: A Step Closer to Pre-Pandemic Normalcy

Tata Consultancy Services (TCS), India’s largest IT services exporter, has achieved a significant milestone in its return-to-office strategy. Despite the challenges posed by the pandemic, TCS now operates at work-from-office levels comparable to those seen before the global health crisis. IT giant said that nearly 70% of its employees have returned to the office following […]

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Zepto elevates Devendra Meel as Chief Business Officer
Appointments

Zepto elevates Devendra Meel as Chief Business Officer

Zepto, India’s fastest-growing consumer internet company, has elevated Devendra Meel as Chief Business Officer, effective July 2024. In this pivotal role, Devendra will spearhead category management and foster brand partnerships, ensuring optimal assortment, pricing, availability, and growth of all core categories on the platform. CEO’s Perspective Commenting on his appointment, Aadit Palicha, Co-founder and CEO of […]

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Why so high churn rate among CHROs in India?
CHRO Move

Why so high churn rate among CHROs in India?

India’s corporate sphere is experiencing a significant churn among its top executives including CHROs. While several C-suite roles have witnessed movement, the Chief Human Resources Officer (CHRO) position stands out with the highest turnover rate. Recent data and ET reports reveal that CHRO roles have experienced the highest churn rate across India Inc., with one […]

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Cognizant resolves a lawsuit filed by Wipro regarding Jatin Dalal
Industry

Cognizant resolves a lawsuit filed by Wipro regarding Jatin Dalal

Cognizant Technology Solutions Corporation has recently reported the resolution of a lawsuit filed by Wipro Ltd. against its former Chief Financial Officer, Jatin Dalal. The settlement, which was detailed in a July 2, 2024, SEC filing, involves a payment of $505,087. This amount covers both the settlement itself and the legal expenses related to the case. Background of the Lawsuit In November, […]

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