-
How Yes Bank is planning to get more women in the workforce
Archana Shiroor, CHRO, Yes Bank, mentioned that the recent HR initiatives undertaken by the bank have yielded commendable results, showcasing a marked improvement in overall employee engagement. The engagement score has risen from 4.17 to 4.25, with the engaged population percentage climbing from 56 percent to 60 percent.
-
Government exploring options to roll out labour codes
-
Seema Bangia bids adieu to Mahindra Group as CPO - Aero & Defence
-
Old guard is out as Tata Digital’s new CEO revamps deck
-
From data to decisions, how AI is revolutionizing HR strategy
-
Why Omega Healthcare gives salary increments every quarter
-
Samsung Electronics India elevates Rishabh Nagpal to Chief People Officer
-
Inclusion of foreign workers in PF unconstitutional: High Court
-
Navigating the VUCA world: A strategy for organizational agility
Most Read
More in News
-
Synchrony appoints Rachana Bahadur as SVP & Country Head - India
Before joining Synchrony, Bahadur was associated with Goldman Sachs as Managing Director where she co-led pan-India operations and led the India Asset and Wealth Management Division.
-
The future of AI in HR: Opportunities and challenges
As AI technologies continue to evolve, it’s imperative that HR practitioners continue to understand, acknowledge, and adopt such tools, to augment the current processes and policies. Organisations that are quick to embrace this change will begin to see improved efficiencies, cost savings, and employee retention in the long term.
-
A comprehensive guide to becoming an HR professional in 2024: Scope, Eligibility and Salary Insights
Becoming an HR professional is a rewarding journey that offers opportunities for personal growth, professional development, and making a meaningful impact on organizations and individuals. By acquiring the necessary education, skills, and certifications, aspiring HR professionals can embark on a fulfilling career path with promising prospects for advancement and financial success.
-
Indian techie gets laid off from Telsa after getting promoted a month ago; Brother shares 'cold email' from Elon Musk
Among those affected was an Indian techie who had dedicated seven years to the company. Just a month prior, she had received a promotion and was looking forward to relocating from New Jersey to Washington DC. However, her hopes were shattered when she received a "cold email" from Tesla, informing her of the termination of her position due to restructuring.
-
iRobot appoints Gary Cohen as CEO, provides optimistic 2024 forecast
Shares of the Bedford, Massachusetts-based company rose more than 4% in extended trading as it separately forecast annual revenue above estimates.
-
What India is doing to build chip manufacturing talent
Semiconductor manufacturing talent in India today is where design talent was in the early 1990s – barely any. Micron is setting up a massive ATMP (assembly, test, marking and packaging) unit in Gujarat. The Tatas, CG Power (part of Murugappa Group) and smaller companies like Kaynes are planning OSATs (outsourced semiconductor assembly and test). The Tatas are planning a multi-billion dollar wafer fab. All of this will require manufacturing talent. And initiatives around it are slowly taking off.
-
Alabama lawmakers approve tax breaks for businesses that help employees afford child care
The Alabama Senate voted 31-0 for the bill that now goes to Gov. Kay Ivey for her signature. Supporters said that childcare costs are a barrier for many parents considering returning to the workforce. House Minority Leader Anthony Daniels said the goal is to help families afford childcare and to help businesses that are struggling to find workers.
-
Stanford AI leader Fei-Fei Li building 'spatial intelligence' startup
Li, considered a pioneer in the AI field, raised money for the company in a recent seed funding round. Investors included Silicon Valley venture firm Andreessen Horowitz, three of the sources said, and Radical Ventures, a Canadian firm she joined as a scientific partner last year, according to two others.
-
India playing very critical role in IT sector: CEO of cloud security company
Jay Chaudhury, CEO and founder of San Jose-based Zscaler also said the Modi government is playing a very good role in creating a tech-friendly environment in India.
-
Royal Caribbean recruiting thousands to meet surging demand, sources say
The number of people taking cruises hit a record in 2023, and with the surge in demand and larger vessels, labor needs are growing. Tourism boards and port operators from around the world said Royal Caribbean is looking to hire worldwide and the company confirmed it will hire around 10,000 workers this year.
-
Microsoft's Xbox shuts multiple studios, consolidates teams in cost-cutting move
Studios such as "Hi-Fi Rush" maker Tango Gameworks, headquartered in Tokyo, and Canada-based Alpha Dog will also be closed and some employees will be laid off, Matt Booty, head of Xbox Game Studios said in a memo that was seen by Reuters on Tuesday.
-
Tylenol maker Kenvue to cut 4% jobs, beats quarterly profit estimates
The company said on Tuesday it targets pre-tax gross savings of about $350 million annually by 2026 through the cost-cutting program, but will incur $275 million each in restructuring expenses in 2024 and 2025.
-
Blue collar and grey collar consumer jobs growing, can't offset fall in IT white collar jobs: Dr Pawan Goyal, Naukri.com
Dr Pawan Goyal anticipates sustained single-digit salary growth amidst strong consumer demand in various sectors like oil, FMCG, travel, and auto. From an overall jobs perspective, the overall index -- a composite of both IT as well as non-IT jobs -- is flattish now. While the consumer side of the economy is growing, it has a lot more blue-collar and grey-collar jobs. It is not able to offset the decline in white-collar jobs in IT.
-
Air India Express: Over 200 cabin crew members report sick to protest 'mismanagement'
An Air India Express spokesperson said the airline is engaging with the cabin crew members to understand the reasons for reporting sick and also apologised for the flight disruptions.
-
Government exploring options to roll out labour codes
The ministry of labour and employment is considering several options including a gradual repeal of the old labour laws to ensure there is no legal void in states that are yet to draft rules. Besides, the ministry is holding talks with states that are behind in publishing rules, urging them to expedite their compliance.
-
Old guard is out as Tata Digital’s new CEO revamps deck
Tata Digital undergoes significant senior management changes under CEO Naveen Tahilyani, impacting the team behind Tata Neu superapp. Several executives from the original team that launched supperapp have now left.
-
A month on, Wipro CEO Srinivas Pallia has townhalls, Q&As on checklist
Srinivas Pallia, the new CEO of Wipro, sets ambitious goals to accelerate large deal momentum, strengthen client relationships, focus on industry-specific profits, build AI-ready talent, and simplify the operating model for future growth.
-
Waaree Energies appoints Amit Paithankar as CEO
Before joining Waaree Energies, Paithankar was associated with Emerson Electric Co (India) as Managing Director - South Asia.
-
Seema Bangia bids adieu to Mahindra Group as Chief People Officer - Aero & Defence
Bangia joined Mahindra Group in 2012 and has served the company for more than 11 years.
-
Why hiring functional heads needs special attention in today’s age
Functional unit leaders require diverse skills like agility, credibility, emotional intelligence, and problem-solving abilities. Companies seek individuals with global leadership experience, focusing on succession planning and market positioning for external hires.