German industrial giant Siemens has announced plans to cut over 6,000 jobs globally, citing weak demand and increasing competition in key markets such as China and Germany. The job cuts, which represent approximately 2% of Siemens' global workforce, are part of a broader strategy to strengthen the company's competitiveness and enable investments in growth markets. This decision comes as...

Bengaluru, often referred to as the "Silicon Valley of India," is grappling with one of its most severe job crises in recent history. Over 50,000 IT employees were laid off in 2024, primarily due to the rapid adoption of artificial intelligence (AI) and automation. This wave of layoffs has not only disrupted the lives of tech professionals but has...

Global ratings agency Moody's has released an insightful report analyzing the potential impact of U.S. President Donald Trump's tariff policies on South and Southeast Asian companies including TCS and Infosys. Among the sectors affected, Indian IT giants Tata Consultancy Services (TCS) and Infosys have been highlighted as relatively well-positioned to withstand the challenges posed by these policies. The report...

The Employees' Provident Fund Organisation (EPFO) is set to complete the processing of all applications under Pension on Higher Wages (PoHW) by March 31, 2025. This was confirmed during the 112th meeting of the Executive Committee (EC) of the Central Board of Trustees, EPF as a press release on Feb 26. The meeting was chaired by Ms. Sumita Dawra,...

Hewlett Packard Enterprise (HPE) and NVIDIA have announced a groundbreaking collaboration to introduce new enterprise AI solutions aimed at accelerating the time to value for generative, agentic, and physical AI. This partnership was unveiled during NVIDIA's GTC 2025 event. It represents a major advancement in equipping businesses with tools to leverage the transformative power of AI. These solutions enhance...

In a significant leadership reshuffle, Microsoft has announced the appointment of Amy Coleman as its Chief People Officer (CPO). Amy, a seasoned Microsoft executive with over 25 years of experience, will replace Kathleen Hogan, who has held the position for more than a decade. Kathleen will transition to a newly created role as Executive Vice President of the Office...

Technologies are advancing and Artificial intelligence is at the forefront of this shift, reshaping industries and job roles. According to LinkedIn, by 2030, 70% of job skills will change, requiring both companies and professionals to adapt. For businesses, this transformation means embracing skills-based hiring, allowing them to build a future-ready workforce and expand talent pools by 6.1 times globally. For...

Pensioners under Employees' Provident Fund Organisation (EPFO) have intensified their demand for an increase in the minimum monthly pension amount from the current ₹1,000 to ₹9,000. This demand has gained momentum as pensioners across the country, including those in Nashik and Chennai, staged protests and submitted appeals to government authorities. The pensioners argue that the current amount is insufficient...

In the corporate world, the term "Glass Ceiling" has long represented obstacles that hinder women from rising to leadership roles. However, this conversation has evolved significantly over the past decades. In today’s fast-paced business environment, advocating for greater representation of women in corporate boardrooms is not just a matter of fairness; it is a strategic necessity that can drive...

As temperatures soar past 42°C in Karnataka, government employees and laborers across the state are calling for a change in working hours to cope with the extreme heat. The relentless summer has made it increasingly difficult for workers, particularly in rural areas, to perform their duties efficiently. This demand for revised schedules has gained momentum, with appeals being made...