Tag: Workforce

94% Indian companies plan to upskill their workforce in 2024: Report

A recent report by a LinkedIn reveals a surprising trend in the Indian job market: while AI continues to reshape the world of work,...

SpiceJet to axe 1400 roles in bid to stay afloat

Indian budget carrier SpiceJet is facing turbulence, announcing plans to lay off 1,400 employees – 15 per cent of its workforce – in a...

To save $215 mn, Worldline to eliminate 8% of workforce

Worldline, a French payments company, plans to cut eight per cent of its workforce to save money. The firm is hoping to save about...

L&T gears up for workforce expansion as order book bulges

Larsen & Toubro (L&T) is on an expansion spree, planning a 10 per cent workforce increase over the next year, following a similar growth...

Ministry leads ‘Women in the Workforce for Viksit Bharat’ event

On 31 January 2024, ‘Women in the Workforce for Viksit Bharat’ will be hosted by the Ministry of Women and Child Development, Labour and...

Discord cuts 17% of its workforce

After Google, Amazon, Meta, and Twitter, Discord, a popular messaging platform, is now executing its largest-ever layoffs. As part of its strategic plan, the...

PowerSchool plans ambitious workforce expansion in India

PowerSchool, an EdTech company specialising in cloud-based K-12 education software in North America, aims to increase its workforce in India. In a recent announcement,...

Foxconn’s plans to double its workforce, investments in India

Foxconn, the manufacturer of Apple iPhones, is planning to invest an extra $1.67 billion in Karnataka. The approval for this investment came from the...

Volkswagen trimming workforce in pursuit of profits

To enhance profitability, Volkswagen has announced its plans to reduce its workforce in the coming year. The decision comes as the car manufacturer aims...

BSNL will dedicate 4% of its workforce to boost enterprise operations

Bharat Sanchar Nigam Limited (BSNL) is thinking of allocating four per cent of its workforce, which consists of 54,000 employees, to improve and strengthen...

Ikea hits 30% local sourcing; 46% female representation in India workforce

Ikea is making significant strides in its expansion efforts in India, with a particular focus on the promising opportunities. Back in 2013, Ikea made...

Indian aviation agencies undergo significant workforce expansion

The Ministry of Civil Aviation (MoCA) has introduced a range of initiatives to strengthen the institutional framework and enhance the workforce in critical aviation...

Gujarat aims to impart skills training to increase women’s LFPR

The state government has devised an extensive strategy to boost women's involvement in the state's workforce, with the goal of surpassing the existing 27...

IIFL finance announces ESOPs for top performers in workforce

On 4 September 2023, IIFL Finance announced the launch of a employee stock ownership plan (ESOP) scheme valued at Rs 180 crore, which is...

Flipkart invests in infrastructure, skilled workforce

As part of Flipkart’s expansion strategy, the company has been actively recruiting new employees. Flipkart plans to utilise its Kirana -delivery programme to handle...

240 to be laid off at Pegasystems in 2nd round of...

Pegasystems, a global software corporation, has announced its second round of job cuts in the current year, amounting to approximately four per cent of...

What are the effects of ’quiet cutting’?

‘Quiet cutting’ has emerged as a nuanced approach to workforce management thanks to the workforce dynamics of today. Unlike traditional employee layoffs, quiet cutting...

Getir to reduce headcount, lay off over 2000 employees   

Facing financial difficulties, Getir, the high-speed grocery delivery startup, has announced its intention to downsize its workforce by around 2,500 employees. The organisation presently has...

Is Amazon making injured staff continue working?

The first-aid centres, referred to as AmCare, located within Amazon warehouses in San Francisco are apparently instructing injured workers to return to their duties...

Foxconn plans expansion in India, focuses on workforce development

Foxconn is making significant strides in its expansion plans in India, particularly in terms of hiring and workforce development. Since its inception in India...

H&M investigates labour exploitation in Myanmar garment factories  

H&M is looking into 20 cases of labour exploitation in the garment factories of Myanmar from where the fashion retailer’s supplies come, as informed...

Rapid7 implements layoffs as part of restructuring for cybersecurity success

Rapid7, a cybersecurity firm based in the US, has recently joined other companies undergoing workforce reductions. The company has officially announced its plans to...

Reorganisation in Discord leads to termination of 4% staff 

In April 2023, Discord, an instant messaging and VoIP social platform, boasted an employee count of over 900, while its user base reached an...

Taiwan revises laws on sexual harassment

Taiwan has recently made significant amendments to three of its laws dealing with sexual harassment. The decision came in response to a series of...

Ericsson to implement job cuts in North America amid global workforce...

Ericsson, the multinational technology company, has announced plans to carry out job cuts in North America affecting up to 750 individuals, later this year....

Master Capital S. expand workforce in South India

Master Capital Services, a prominent broking and investment platform, has exciting plans for expansion in the fiscal year 2023-24. As part of its growth...

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Singapore government modifies foreign worker policy

The Ministry of Manpower (MOM), Singapore has modified the foreign worker policy. As per the modifications, the minimum qualifying salary for foreign workers to...

Latest

Strikes across the world by disgruntled employees

Striking cabin crew of Lufthansa, has disrupted operations and caused profits to dip. Under the aegis of the UFO Union, the cabin crew members of...

Leverage Edu has onboarded 50 return-to-work mothers

Leverage Edu has onboarded 50 return-to-work mothers. This return-to-work initiative is part of Leverage Edu's commitment to building an equitable, diverse and inclusive workplace. The...

Singapore government modifies foreign worker policy

The Ministry of Manpower (MOM), Singapore has modified the foreign worker policy. As per the modifications, the minimum qualifying salary for foreign workers to...

Virtusa employees gain from master class on recruitment & advocacy

Virtusa, a global provider of digital strategy, digital engineering and IT services and solutions, hosted an event for the benefit of its employees. The...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....
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