Google and Temasek-backed Mohalla Tech Pvt. Ltd, which runs social media platform ShareChat and short video platform Moj, said on Monday that it had laid off around 20% of its employees due to “external macro factors” impacting cost and availability of capital. This will affect 500 to...
People Movement
Reliance Nippon Life Insurance roped in Amit Kejriwal as Head of Performance and Rewards
Amit Kejriwal has been roped in by Reliance Nippon Life Insurance as Head of Performance and Rewards in Human Resources function, effective 30th of Dec’22. Kejriwal comes up with more than 16 years of experience in various roles in HR – Talent Acquisition, HR business partnering...
Sanjay Ghanghaw has joined Kimia Biosciences, Mumbai as Vice President Business Human Resources & Corporate Communication effective 14 Jan. 2023. He has confirmed this development to Business Manager. Prior to this appointment, Sanjay was associated with Indoco Remedies as Lead corp. HR for...
News Section
The overall outlook of the Indian recruitment industry looks promising in 2023, with positive outcomes and key developments: reports
The Indian recruitment industry is poised to garner positive outcomes with some key developments this year, as per a report by Spectrum Talent Management, a one-stop solution for global and local human talent management. The report reveals a series of exciting hiring insights in the recruitment...
2022 is considered to be the most successful year for the gig economy till now. The opportunities, demand, and supply gained great momentum keeping the work-life balance and flexibility as a major priority. According to the report, there is a 3X increase in the participation of gig workers whereas...
Dalmia Biz appoints Nitin Khindria Chief Human Resource Officer (CHRO). Prior to this appointment Nitin was associated with Balaji Action Buildwell Action Tesa as General manager-HR for three years. Also read: Artificial Intelligence Firm Scale reduces 20% Workforce Nitin is Seasoned HR...
(IANS): Now the US-based artificial intelligence firm Scale AI has decided to terminate 20 per cent of its workforce as changing macro-economic environment led to a painful market correction. “Today I have to announce the hardest change I’ve ever had to make at Scale. I have made the...
Edtech unicorn LEAD (formerly LEAD School) after Aug.22 has again terminated employees in another round. Although the company did not confirm the development, it has reportedly terminated around 60 employees from tech and product teams, according to media reports. In Aug. around 40%. In August...
India’s largest IT services exporter, Tata Consultancy Services (TCS), has rolled out 100 per cent variable pay for employees up to C2 grade, while employees above the grade would be awarded variable pay as per business performance, for the third quarter of FY 2022-23. “A decision has been taken to...
Equiniti India (EQ India), the India offshore arm of UK-headquartered shareholder management fintech company, EQ, has announced the appointment of VijayarajPalaniraj to lead Talent Acquisition in India. In his new role Vijayaraj will accelerate talent acquisition enabling EQ India’s growth...
