COVID-19: HR News, Trends & Workplace Insights

Latest COVID-19 HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on COVID-19.

Updated on: Jun 2020
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HSBC to reignite its prior plan for a massive 35,000 job cut
Jobs

HSBC to reignite its prior plan for a massive 35,000 job cut

HSBC to reignite its prior plan for a massive 35,000 job cut which it had put on hold after the coronavirus outbreak On 17 June, Wednesday, HSBC, international bank, announced it will reignite its prior plan for a massive 35,000 job cut, which it had put on hold after the coronavirus outbreak. The layoffs were […]

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Accelerating Digital Workplace Transformation: New Normal
Transformation

Accelerating Digital Workplace Transformation: New Normal

Emerging technology, rising customer expectations, changing consumer behaviours, shifting business models, COVID 19 pandemic, and other forces are creating remarkable opportunities and challenges in the new era of digital disruption. This technology disruption has created ample opportunities for the world and changed the business operating model by brining everything digital. As said by Sh. Mukesh […]

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IRDAI: Insurance guidelines for claims under coronavirus
Coronavirus

IRDAI: Insurance guidelines for claims under coronavirus

Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines for the general insurer and health insurers on the handling of claims reported under coronavirus. Where coverage is granted for the treatment of hospitalization expenses, in order to alleviate the hardships that may be caused to the policyholders, all claims reported under coronavirus shall be handled as […]

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India to lose 130 million jobs amid lockdown: Report
Coronavirus

India to lose 130 million jobs amid lockdown: Report

According to a report by Genius Consultants, India is set to lose around 130 million jobs in the midst of the Covid-19 crisis. In which 40 percent would be from the blue-collar domain. Major job losses, according to the report will be in sectors like aviation, automobile, travel and tourism, food, entertainment, and to […]

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Consulting firms defer salaries and promotions, Partners take pay cuts
Coronavirus

Consulting firms defer salaries and promotions, Partners take pay cuts

Consulting firms Deloitte, KPMG, PwC, EY defer salaries and promotions, Partners take pay cuts The Indian arms of the four large consulting and auditing firms, PwC India, Deloitte India, KPMG, and EY India have all decided to defer their employee appraisal cycles, which includes deferring promotions and bonuses, because of the COVID pandemic- CNBC reports. […]

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Capgemini partners Coursera to upskill employees
Industry

Capgemini partners Coursera to upskill employees

Capgemini Partners with Coursera to Upskill Employees and Promote a Culture of Lifelong Learning IT services firm, Capgemini has partnered with edtech major, Coursera, to give access to high-quality learning to all its employees across the globe. Currently, Capgemini’s employees in nearly 50 countries will have access to 4,000 courses on Coursera for Business. No one […]

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Reinvent the way we work to shine amidst the Crisis
Culture & Behaviour

Reinvent the way we work to shine amidst the Crisis

“Never let a good crisis go to waste” – Winston Churchill The last few weeks have been surreal. It has been over 8 weeks since the lockdown and I witnessed something historic – almost the entire workforce working out of our best-in-class campuses have seamlessly moved to their own backyard and continued to be purposeful […]

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Most of TCS, Infosys, Wipro employees continue to WFH
Coronavirus

Most of TCS, Infosys, Wipro employees continue to WFH

Even after Unlock 1, most of the employees working at TCS, Infosys, Wipro employees continue to work from home- Report Over 95% of employees at the top 3 IT companies continue to work from home TCS, Infosys, Wipro adopt a phased approach towards reopening offices TCS recently said only 25% of its employees will need […]

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Mental Health & Emotions Management in Times of Crisis
Psychology & NPL

Mental Health & Emotions Management in Times of Crisis

For everyone alive right now, COVID -19 pandemic will be the most defining event of our lives. Time will come to be defined as Before COVID and After COVID. This pandemic will change our thought processes and emotions forever. Earlier we used to feel fear of seeing a gunman or a terrorist. Now an innocuous […]

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TCG Lifesciences releases full annual bonus to employees, plans to hire more
Industry

TCG Lifesciences releases full annual bonus to employees, plans to hire more

TCG Lifesciences, leading contract research and manufacturing services company, plans to increase its workforce by 15 percent in the current fiscal and has released a full annual bonus to its employees to boost their morale in the wake of the COVID-19 crisis, an official said on Monday. The company, promoted by Purnendu Chatterjee Group, has […]

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Iffco Tokio hires 400 in lockdown, given annual increment
Coronavirus

Iffco Tokio hires 400 in lockdown, given annual increment

IFFCO-Tokio General Insurance hires 400 during the lockdown and rolled out annual increments Iffco Tokio General Insurance has on-boarded 400 staff between March and May during the lockdown period. The hiring of some of the employees was planned in the first quarter but the lockdown shifted its plans. The company has completed the process over […]

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Renault India gives 15% hike & promotions despite crisis
Coronavirus

Renault India gives 15% hike & promotions despite crisis

Despite the lockdown due to coronavirus pandemic, French car manufacturer, Renault India is giving a pay hike of 15% to its employees and promotions for the fiscal year 2021. The company is giving the pay hike to 250 employees and promotions to over 30 executives, with effect from August 2020. The salary hike of Renault […]

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