Paytm, has terminated around 1,000 employees across different departments to streamline operations and cut expenses. Paytm is actively incorporating AI-led automation to replace certain roles. The company said that it is transforming operations with AI-powered automation and will be able to save...
The Karnataka government is reportedly planning to include technology companies in labour regulations from May 2024, concluding the exemption that this industry has benefitted from for many years according to media reports. On 25 January 2014, the state government issued a notification exempting...
Photo Credit: (IANS): When IBM CEO Arvind Krishna predicted a few months ago that he could easily see 30 per cent of jobs getting replaced by AI and automation over a five-year period, his statement raised several eyebrows. As the year comes to an end, the prediction has become somewhat real, and...
(IANS): About 93 per cent of Indian employees in pharmaceuticals, healthcare and biotech sectors perceive their workplace as physically safe, while a notable 12 per cent feel a deficit in psychological and emotional safety, a new report said on Friday. According to the Great Place To Work India, 81...
(IANS): More than 35,000 people have lost jobs at Indian startups in the last two years, and job cuts will likely continue unabated as we enter 2024. In 2022, more than 18,000 employees were fired by Indian startups from across verticals, led by players like BYJU’S, Ola, Unacademy, Blinkit and...
News Section
Long Service In Industrial Establishment Should Ordinarily Be Recognized As Advantageous To Workman: Karnataka High Court
The Karnataka High Court has dismissed an appeal challenging a Labour Court award, whereby an employee dismissed from service due to intermittent absence from work for attending to ailing relatives was ordered to be reinstated. While dismissing the appeal, which was filed against the order of a...
Abhik Bhattacharyya has joined UNIVO Education as its Chief Human Resources Officer (CHRO). In his new role, Abhik will lead the HR strategy, talent management and culture transformation at UNIVO, as per the official release from the platform. Prior to this appointment, Abhik was associated with...
The Supreme Court observed that an employee’s failure to challenge a Transfer Order means that he had accepted the order and was duty-bound to comply with the same. The Court said that at a later stage, he could not take a plea that the order being erroneous, no consequence would follow for...
Ketan Darji has joined Kotak Mahindra Bank as Vice President HR (Lead Talent Acquisition Corporate Functions). He has confirmed this development through a social media post stating. “I’m happy to share that I’m starting a new position as Vice President HR (Lead Talent Acquisition Corporate...
New survey data from Wiley (NYSE: WLY) suggest workers are far less likely than their managers and senior-level executives to feel psychologically safe taking risks at work. The findings from the latest Wiley Workplace Intelligence report show a particularly wide gulf between individual...
