Author: HR Talk

Featured

Tredence aims to double its workforce to 4,000 employees by mid-2025.

Tredence, a data science and AI solutions provider, is experiencing rapid growth, with India playing a pivotal role in its expansion strategy. The company has recently announced its plans to nearly double its workforce by mid-2025. As part of this strategy, Tredence aims to build a strong talent pool in India by hiring over 1,500 new employees, bringing the total workforce in the country to 4,000. This represents a significant 60% increase from its current strength of 2,500 employees. The new hires will encompass a wide range of roles within the data science and AI fields. In addition to core…

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Attrition

Salesforce reduces 300 jobs globally

Salesforce, a cloud-based software solutions provider, has reduced its workforce by up to 300 employees in July 2024 as part of its efforts to streamline operations, optimize its structure, and drive growth. The company did not specify which jobs or regions were affected. It’s interesting to note that Salesforce has experienced significant growth in Africa, particularly in South Africa and Morocco, where AI investments have yielded substantial returns. The company’s expansion in Africa is supported by strategic partnerships with firms such as Amazon’s cloud marketplace and collaborations with MTN, Vodacom, and Standard Bank. As of January 2024, Salesforce had 72,682…

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Featured

Infosys plans to hire 15,000-20,000 new graduates in FY 2024-2025.

Infosys recently announced that it plans to hire 15,000 to 20,000 fresh college graduates in the financial year 2024-2025, despite a challenging job market. The company has shifted to an agile hiring strategy, which includes both on- and off-campus recruitment. Although there was a drop of 2,000 in headcount, the company noted that it has little headroom left due to its current employee utilization rate of 85 percent, indicating that most of its workforce is actively engaged in projects. However, it also anticipates growth and plans to resume hiring to meet increasing demands. In the previous financial year 2023-2024, Infosys…

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