Mukesh Ambani’s Reliance Industries has executed a sweeping reduction in its workforce, laying off approximately 42,000 employees in the financial year 2023-24. This substantial cut, equating to nearly 11 percent of the company’s workforce, has sent shockwaves through the industry and raised...
In the fast-paced world of real estate, staying ahead means anticipating future needs. Talent management is at the forefront of this challenge, tasked with ensuring the right people are in place to drive success. But how do HR professionals navigate this complex terrain? Enter predictive...
Ashish Kumar has joined Jindal Power Ltd as Vice President & Chief Human Resource Officer. He has confirmed this development through a social media post stating, “ I am thrilled to join Jindal Power Limited (JPL) as Vice President and CHRO – JPL. It is with great enthusiasm that I step into...
(PTI): A Surat-based major diamond manufacturing firm on Tuesday declared a 10-day ‘vacation’ for its 50,000 employees from August 17 to 27 citing diminished demand for polished diamonds in international markets due to recession. As per Kiran Gems company website, it is the...
(PTI): One in every four GenZ respondents in India is more inclined towards new-age job fields like Artificial Intelligence, cybersecurity and content creation while 43 per cent are willing to sacrifice the work-life balance to succeed in their career, a study has found. The study, the Quest Report...
Universal Sompo General Insurance Company Ltd. appointed Priti Singh as its new Chief People Officer (CPO) with effect from 1st August 2024. Before joining Universal Sompo, Priti served as the Head of People & Capability at Mastercard for seven years, where she successfully led HR functions...
