Author: Asher J
Asher J
Asher J HR news author known for his analytical writing and clear perspective on workforce trends. He focuses on leadership, workplace culture, and talent strategies shaping the modern organization. His work blends research, insight, and storytelling to make HR developments engaging and practical.
AI startup Anthropic has confirmed plans to establish an in-house chip design team as it seeks to expand the computing infrastructure supporting its Claude family of AI models. The company is recruiting engineers with expertise in hardware and software to help co-design AI chips and models that can improve performance and efficiency at scale. The initiative comes as demand for computing resources continues to grow across the artificial intelligence industry. Anthropic said the effort is part of a broader multi-chip strategy. The company currently works with cloud and semiconductor providers, including Amazon Web Services (AWS), Google, Nvidia and AMD, to…
The Ministry of Finance has cleared a proposal to increase the wage ceiling for mandatory coverage under the Employees’ Provident Fund (EPF) from ₹15,000 to ₹25,000 per month. The proposal is awaiting Cabinet approval and, if approved, is expected to take effect from 1 April 2027. Under the current rules, employees earning a basic monthly salary of up to ₹15,000 must be enrolled in the Employees’ Provident Fund (EPF) and the Employees’ Pension Scheme (EPS). Employees earning above that threshold may join the schemes voluntarily, but employers are not required to enrol them. If the proposed revision is implemented, employees…
German luxury carmaker BMW is set to reduce its global workforce by approximately 8,000 employees by the end of 2027 as part of a restructuring programme aimed at improving efficiency and responding to changing market conditions. According to company sources, the planned reductions will be implemented through a voluntary redundancy programme focused on administrative and development functions in Germany. BMW said production employees will not be affected by the initiative. Around 40,000 of the company’s 85,000 permanent employees in Germany will be eligible to participate in the voluntary programme, which is expected to begin in October. BMW currently employs about…
U.S.-based semiconductor company Marvell Technology has announced plans to invest $250 million in India over the next three years to expand its research and development (R&D) capabilities, engineering operations, and workforce. The investment coincides with the company’s 20th year of operations in India and includes plans to double its employee base in the country during the three-year period. As part of the expansion, Marvell is increasing its office capacity by opening a new wing at its Bengaluru campus while also expanding operations in Hyderabad. The additional facilities are expected to support the development of semiconductor technologies for artificial intelligence (AI),…
A seven-month special registration drive conducted by the Employees’ State Insurance Corporation (ESIC) has expanded social security coverage by bringing more than 1.12 crore workers and 1.38 lakh employers into the scheme, according to data released by the Ministry of Labour & Employment. The initiative focused on voluntary registration, encouraging eligible businesses to enrol without the threat of penalties or retrospective inspections. The campaign was designed to improve compliance while extending social security benefits to a larger section of India’s formal workforce. Among the states, Maharashtra recorded the highest participation, with 18,515 employers registering nearly 15.99 lakh workers under the…
Wells Fargo has indicated that its workforce is expected to continue shrinking as the bank expands its investments in artificial intelligence (AI) and technology to improve operational efficiency. While overall headcount is likely to decline, the company said it will continue hiring for strategic roles that support business growth and digital transformation. Speaking during the bank’s second-quarter earnings call, Mike Santomassimo, Chief Financial Officer, said advancements in AI and technology are enabling Wells Fargo to operate more efficiently with a leaner workforce. He noted that productivity improvements driven by technology are being realised at a faster pace than in previous…
JPMorgan Chase is planning to recruit around 1,000 technology professionals across its Global Capability Centres (GCCs) in India, reinforcing its commitment to expanding its digital and technology capabilities despite the growing adoption of artificial intelligence (AI). The hiring drive will primarily target specialists in cloud architecture, cybersecurity, AI data pipelines, and software engineering. As part of the recruitment process, candidates will undergo HackerRank-based assessments to evaluate their coding proficiency, algorithmic thinking, data structures, and system architecture expertise. The new hires will support JPMorgan’s global technology initiatives while strengthening its expanding GCC operations in India. The banking giant currently employs approximately…
IndiGo has postponed salary increments for its senior management following a loss in the first quarter of FY27, as the airline continues to face profitability pressures from rising fuel prices and an uncertain business environment. During the airline’s post-earnings conference call, Chief Financial Officer Gaurav Negi announced that the planned salary revisions for senior-level employees have been deferred and will be reviewed after six months, depending on the company’s financial performance. The decision comes after IndiGo’s parent company, InterGlobe Aviation, reported a consolidated net loss of ₹238 crore for the quarter ended June 30, 2026, compared with a net profit…
More than 100 Google employees gathered outside the company’s headquarters in Mountain View, California, to call for stronger job security measures and enhanced protections against layoffs. During the demonstration, representatives of the employee union submitted a petition signed by approximately 4,500 workers to CEO Sundar Pichai and other senior executives. The petition urges the company to introduce policies aimed at improving employment stability. According to the organisers, employees are seeking enhanced layoff protections, including guaranteed severance packages, the removal of performance-based ranking quotas and the option to receive severance in the form of extended paid leave. The demonstration comes as…
HDFC Bank reported a net reduction in its workforce during the financial year ended 31 March 2026, while increasing the number of employees in management roles and expanding investments in artificial intelligence (AI) training, according to its FY26 Integrated Annual Report. The bank’s total employee strength stood at 211,178 as of 31 March 2026, compared with 214,521 a year earlier, representing a net reduction of 3,343 employees. The report shows a shift in workforce composition during the year. Non-supervisory employee strength declined from 170,950 to 162,797, a decrease of 8,153 employees. Over the same period, management positions increased by 4,810…
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