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Amid global challenges, India a silver lining: HUL’s Nitin Paranjpe

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Nitin Paranjpe, Chairman, Hindustan Unilever Limited (HUL), while addressing shareholders at the Company's 90th Annual General Meeting, said that as India gears up to...

Hiring trends positive for July-September quarter amidst layoffs

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According to the ManpowerGroup Employment Outlook Survey was released the labour market is indicating positive sentiments in the third quarter of 2023 despite news...

Prioritising Workforce Upskilling in an Economic Downturn

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In an economic downturn, companies often focus on cost-cutting measures such as layoffs and reducing employee training budgets. However, this short-sighted approach can lead...

Companies Layoff over 50,000 employees in 21 days this year 2023

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According to media reports on layoff, In the first half of the year 2022 that is from January to June, various companies laid off...

Trouble for Indian IT Sector, Accenture’s below estimate guidance…

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IT services and consulting, Accenture reported financial results for the first quarter of fiscal 2023, which ended November 30, 2022, with revenues of $15.7...

Meta cuts employees’ benefits to reduce cost

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An American multinational technology conglomerate, Meta to reduce cost, is reportedly planning to cut employee benefits that cover mental health costs and "work-life balance needs."...

Amazon shuts down its wholesale business in India

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The e-commerce company, Amazon is shutting down its wholesale distribution business in India. This is part of the annual operating planning review process and...

Amazon to shut online learning vertical in India

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An American multinational technology company focusing on e-commerce, Amazon has announced the closure of its online learning academy in August 2023.  The Amazon Academy platform...

Is the Economic Conundrum Shaping your Reward Agenda?

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We live in a yo-yo world. Great resignation was the biggest headline in the HR world just a few months ago and now it’s...

Changing Role of HR in Global Recession

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Recession times are tough for organizations and employees. The role of Human Resources during an economic downturn is challenging because it must prepare the company...