Wells Fargo has indicated that its workforce will continue to shrink as the bank accelerates investments in artificial intelligence (AI) and technology to improve efficiency. While overall employee numbers are expected to decline, the lender said it will continue hiring for roles that support business growth and digital transformation. During the bank’s second-quarter earnings call, Mike Santomassimo, chief financial officer, said advances in AI and technology are enabling the organisation to operate more efficiently, allowing it to function with a smaller workforce over time. He noted that technology-led productivity improvements are being realised faster than in previous years. The US…
Author: HRK News Bureau
Everest Industries has appointed Dr Ujjal Bhattacharjee as its chief human resources officer (CHRO), effective 16 July, 2026. In his new role, he will lead the company’s human resources function and drive its people strategy as Everest Industries continues to strengthen organisational capability and support long-term business growth. Bhattacharjee brings over 25 years of HR leadership experience across the automotive, pharmaceutical, aerospace, off-highway, chemicals, engineering, and manufacturing sectors. His expertise spans strategic HR, organisational design, change management, mergers and acquisitions, industrial relations, talent management, learning and development, shared services, and business transformation across global organisations. Prior to joining Everest Industries,…
Tata Digital has appointed Snigdha Singh as its chief human resources officer (CHRO), effective 1 July, 2026, making her one of the youngest C-suite leaders in the Tata Group’s digital business. She joins the Executive Leadership Team and will report to Sajith Sivanandan, CEO and managing director, leading the company’s people strategy as Tata Digital sharpens its focus on financial services and digital transformation. In her new role, Singh will oversee the people function, driving talent strategy, organisational effectiveness, culture, leadership development, and workforce transformation as the company strengthens its leadership team. Singh joins Tata Digital from Tata Consumer Products,…
The Public Enterprises Selection Board(PESB) has recommended Rekha Pandey for appointment as director (personnel) of Mahanadi Coalfields, a key Coal India subsidiary under the Ministry of Coal. The recommendation comes after the PESB panel evaluated 11 applicants for the board-level position. The appointment will take effect once it receives clearance from the Appointments Committee of the Cabinet. Pandey is currently general manager (HR/CSR) at Coal India(CIL), a position she has held since August 2025. She brings more than three decades of experience in the coal sector, having spent over 32 years with Central Coalfields(CCL). At CCL, she served as general…
Samsung Electronics has begun cutting jobs in its US consumer electronics operations as part of a plan to shift its American headquarters from New Jersey to Texas. According to documents and sources cited by Reuters, 739 roles in Englewood Cliffs, New Jersey, have been affected. While many employees have been offered relocation packages, others have been let go. In addition, about 100 staff in Plano, Texas, including mobile division employees, have lost their jobs. LinkedIn posts reviewed by Reuters show more than 30 senior sales and marketing professionals across New Jersey, Texas and other US locations have also exited in…
After heading human resources at Clearship Group for over four years, Swati Ranade has joined Jeena & Company as group chief human resources officer (GCHRO). She will be tasked with bridging business and people strategy at the technology-driven supply chain solutions firm. An alumna of the Maharashtra Institute of Labour Studies, Ranade began her professional journey as an assistant manager at Exel India, in November of 2000. Over five years later, she moved to Quinnox Consultancy Services as manager-HCM. From 2006 to 2009, she handled the entire chain of HR activities from the entry to exit, covering onboarding, deployment, employee…
Anil Rathore has taken up the role of head of human resources at Solfin, a platform that aims to revolutionise financing for distributed renewable energy assets for SMEs. Rathore is backed by well over three decades of experience and began his career with the Indian Navy. From 1986 to 2006, he served in various leadership roles with his last designation being joint director, manpower planning and recruitment, Indian Navy. September of 2006 saw Rathore joining ICICI Bank as head of talent acquisition and recruitment service. For almost three years, he was accountable for hiring 17,000 replacement/incremental hires excluding campus recruitment.…
Standard Chartered and Dr Reddy’s Foundation (DRF) are partnering to advance the economic inclusion of Persons with Disabilities (PwDs) through skill development and employment opportunities across Maharashtra, Telangana, Uttar Pradesh, West Bengal and Delhi. Under a new agreement signed by PD Singh, CEO, India & South Asia, Standard Chartered and K Satish Reddy, chairman, Dr Reddy’s Laboratories and Dr. Reddy’s Foundation, DRF will train and facilitate the placement of 1,250 PwDs by March 2028. The programme will equip individuals with locomotor disabilities, hearing impairment, dwarfism and cerebral palsy with core employability skills, and thus, help them access mainstream employment opportunities…
Wipro increased its workforce by 888 employees during the April–June quarter, signalling a measured return to hiring even as the company remains cautious about the demand environment. The IT services company ended the quarter with a total headcount of 2,43,044, up from 2,42,156 in the previous quarter. The increase reflects targeted hiring in business-critical areas rather than a broad-based recruitment drive. The company also maintained a stable workforce, with voluntary attrition at 13.9 per cent over the trailing 12 months, largely unchanged from the previous quarter. A steady attrition rate has enabled Wipro to focus on strategic hiring instead of…
DEPL has appointed Dr Mukul H. Chopra as its group chief human resources officer (CHRO), reinforcing its leadership team as the company enters its next phase of growth across telecom, digital infrastructure, green energy, and emerging businesses. In his new role, Chopra will lead DEPL’s people strategy, partnering with the leadership team to build a future-ready organisation by strengthening culture, leadership capability, talent management, and organisational excellence. Chopra brings nearly three decades of HR leadership experience across the telecom, technology, infrastructure, retail, supply chain, and digital sectors. His expertise spans HR consulting, organisational transformation, talent acquisition, operations management, leadership development,…
Delta Electronics India has appointed Anil Chaudhry as the head of Industrial Automation. The appointment highlights Delta’s focus on scaling intelligent, integrated manufacturing solutions as Indian industries shift toward data-driven, sustainable operations. Chaudhry has been a key leader within Delta Electronics India, where he spearheaded initiatives in industrial automation, robotics, AI-driven manufacturing, and smart factory deployment. He played a central role in advancing the company’s Industry 4.0 and 5.0 initiatives, particularly in integrating operational technology with information technology to deliver efficient and sustainable production systems. In his new role, Chaudhry will lead the strategic direction, operational performance, and market expansion…
Aer Lingus plans to eliminate up to 500 roles and scale back its network as the Irish airline moves to control costs in a challenging operating environment. The carrier conveyed on 16 July, 2026, that it is launching a wide-ranging reorganisation that will reduce total flying by about six per cent. The cuts will cover both long-haul and short-haul operations and include the removal of what Aer Lingus called “lower margin” routes from Dublin. Affected destinations include Denver, Las Vegas, Minneapolis and Split. Service to Frankfurt will become seasonal, operating only in summer months. The proposed job losses represent around…
Uber has appointed Jay Shankar as vice president, global talent acquisition, where she will lead the company’s global recruiting strategy as it continues to scale its workforce across businesses and geographies. Announcing the move on LinkedIn, Shankar said she was drawn to Uber by its people, ambitious vision, and strong focus on hiring. She wrote how she “wasn’t looking for just another opportunity” but “for a place where I could continue learning, build alongside great people, and help shape the future.” Shankar joins Uber after spending nearly eight years at Amazon, where she held several senior talent acquisition leadership roles.…
Softdel has appointed Shailesh Banaeet as director – human resources. He will lead the company’s HR mandate across India, the US and Japan. Banaeet will oversee strategic HR, organisational development, talent management, and business partnering. The focus will be on driving culture, digitising HR operations, and building leadership capability to support Softdel’s global expansion plans. Shailesh Banaeet has 19+ years in the HR domain, with deep expertise in scaling teams and aligning people strategy with business outcomes. The leadership move underscores Softdel’s investment in strengthening its global people infrastructure. Banaeet comes to Softdel from Cybernetik, where he worked as HR…
More than 100 Google employees gathered outside the company’s headquarters in Mountain View, California, calling for stronger job security measures and improved protections against layoffs. During the demonstration, union representatives submitted a petition signed by 4,500 workers to CEO Sundar Pichai and other senior executives, urging the company to introduce policies that provide greater employment stability. The employees are seeking enhanced layoff protections, including guaranteed severance packages, the removal of performance-based ranking quotas and the option to receive severance as extended paid leave. The protest comes amid continued workforce reductions across the technology sector, as companies restructure operations and increase…
Trimont has named Malvika Jhangiani as chief people officer to lead its global people and culture function. In the new role based in Atlanta, Jhangiani will oversee talent acquisition, learning and development, DEI, benefits, and HR operations. She will be tasked with strengthening Trimont’s people agenda, enabling culture transformation, and aligning talent strategies to support the company’s international growth. The appointment signals Trimont’s continued commitment to building leadership depth and a high-performing, people-first workplace. Malvika Jhangiani brings more than 25 years of global HR experience across technology, consumer goods, agriculture and consulting. She joins from FARO Technologies, where she…
Microsoft is restructuring its cybersecurity business, introducing leadership changes, team consolidation and workforce reductions as it shifts its focus towards AI-powered security products. The overhaul is being led by Hayete Gallot, who took charge of Microsoft’s cybersecurity division in February. According to _The Information_, the company has replaced several senior executives, reorganised engineering teams and eliminated hundreds of roles as part of the transformation. In an internal memo to employees, Gallot said the cybersecurity industry is being fundamentally reshaped by artificial intelligence and called on teams to execute the company’s new strategy with greater discipline. The restructuring is aimed at…
Navi Mumbai Marriott Hotel has appointed Ashish Shetty as assistant director–human resources. In his new role, he will oversee the hotel’s human resources function, including talent acquisition, employee engagement, learning and development, performance management, compliance, and workforce planning. Shetty brings over 25 years of experience in the hospitality industry, having built a career spanning hotel operations, learning and development, talent management, organisational development, and HR leadership. He began his career in food and beverage operations before transitioning into human resources, giving him deep cross-functional expertise across luxury hospitality. Prior to joining Navi Mumbai Marriott Hotel, he served as senior director…
NatWest has increased its workforce in India by 43 per cent over the past five years, making the country home to nearly one-third of its global employees, while its UK headcount has declined during the same period. According to the bank’s annual reports, NatWest’s global workforce has remained broadly stable between 2020 and 2025. However, its UK workforce fell by 9 per cent, with 3,588 roles reduced, while its India headcount grew by 5,713 employees. As a result, employees based in India now account for around 32 per cent of NatWest’s global workforce, up from 21 per cent in 2020.…
Hyundai Motor’s main car plant in Ulsan, South Korea, has reportedly seen a partial shutdown after thousands of unionised workers began striking. The dispute is not about pay cuts or production targets, but about the company’s plan to introduce humanoid robots into its factories. The union fears that the deployment of Atlas robots, built by Boston Dynamics, could reduce human work hours and threaten job security. Atlas is a powerful two legged robot capable of lifting heavy loads, and Hyundai aims to roll out more than 25,000 of them across Hyundai and Kia plants worldwide, starting in the US in…
HCLTech has announced a $10.5 million acquisition of Guardian India Operations as part of a larger seven-year agreement with The Guardian Life Insurance Company of America. The deal is aimed at modernising Guardian’s technology and operations, with a strong focus on artificial intelligence (AI). For employees, the transition is significant. Guardian India, a global capability centre with nearly 2,000 specialised staff, will now become part of HCLTech. These employees, who have been supporting Guardian’s technology, operations, and shared services, will integrate into HCLTech under a newly-created Strategic Business Unit (SBU) dedicated exclusively to Guardian. This unit will drive innovation, engineering…
The Kerala government has partnered with the Group of Technology Companies (G-Tech) to help around 600 employees laid off by US-based healthcare technology company CorroHealth find new jobs in the state’s IT sector. The initiative was announced following discussions between Industries Minister P Rajeeve and representatives of G-Tech, an industry body representing technology companies in Kerala. As part of the initiative, G-Tech will launch a dedicated recruitment platform exclusively for affected CorroHealth employees. The portal will allow displaced workers to upload their profiles, enabling member companies to match candidates with suitable vacancies based on their qualifications and experience. In addition…
A group of OpenAI employees has donated more than $215,000 to a political action committee (PAC) advocating stronger regulation of artificial intelligence, underscoring how employees are increasingly expressing views that differ from those of company leadership on issues shaping the future of work and technology. According to a Wired report, the employees supported Guardrails Alliance, a newly formed PAC that advocates greater oversight of frontier AI companies. The move comes even as OpenAI President and co-founder Greg Brockman has personally backed Leading the Future, a separate PAC that supports a more industry-friendly regulatory approach. The largest contribution came from Juan…
Novartis has elevated Pankhuri Garg to director, talent & development, where she will now shape the future of the company’s global talent and learning technology ecosystem. In this expanded mandate, Garg is responsible for driving an AI-first roadmap, overseeing product innovation, governance, and adoption across talent acquisition, talent management, learning, performance and the overall employee experience. Before the promotion, she served Novartis as design and deployment lead for enterprise and innovation solutions from July 2025 to July 2026. During her one-year stint, she led large-scale workforce transformation programmes and anchored key people, technology and data initiatives. Garg brings over 21…
Cognizant plans to hire 1,500 college graduates across the US by the end of 2026, strengthening its early-career talent strategy as the demand for AI skills continues to grow. The new recruits will join the company’s technology services business, engineering subsidiary Belcan, and the newly launched Frontier Engineers programme, which is designed to prepare graduates for enterprise AI projects. The hiring initiative is part of Cognizant’s broader effort to build an AI-ready workforce. The company said it has hired about 27,000 campus graduates globally since 2025, with the latest recruitment drive focusing on expanding its talent pipeline through university partnerships,…
India hosted the BRICS Labour and Employment Ministers’ Meeting in Hyderabad on 13 and 14 July, bringing together labour ministers and senior officials from member countries to discuss workforce development, labour market reforms and strategies for the future of work. Held under India’s BRICS *Chairship* the two-day meeting focused on strengthening cooperation in areas including skills development, social protection, digital labour platforms and inclusive employment. The discussions centred on building labour policies that can respond to technological advancements, demographic changes and evolving workplace dynamics. Delegates exchanged views on strengthening workforce readiness through reskilling, upskilling and lifelong learning. They also discussed…