Tech Mahindra is preparing to hire 3,000 professionals as it establishes a Global Capability Centre (GCC) for Goodyear Tire & Rubber Co. in Hyderabad. This hiring initiative is in line with the company’s expansion strategy and its commitment to scaling its workforce for specialized projects. The forthcoming GCC will focus on Goodyear’s research and development (R&D) as well as its IT operations, thereby strengthening its global technology capabilities. This initiative is part of Tech Mahindra’s broader transformation effort. Through its three-year performance improvement strategy, Project Fortius, the company aims to enhance operating margins, accelerate profit growth, and streamline client portfolios by eliminating unprofitable accounts. Tech Mahindra, which recorded $6.3 bi...
Workday, the finance and human resources software company, has announced it will reduce its workforce by 8.5%, resulting in approximately 1,750 employees losing their jobs. This decision is part of the company’s strategy to expand its global presence while prioritizing the increasing demand for artificial intelligence (AI). Workday aims to maximize its potential and leverage the strong foundation it already has in place.As of October last year, the company had a workforce of over 20,000 employees. Those affected by the layoffs will receive official communication soon.Carl Eschenbach, CEO of Workday, described the decision to downsize as a difficult yet necessary step. The company hopes that this move will lead to faster decision-making, increased innovation, and greater accountabilit...
Semiconductor Industry in India Aims to Create 8500 Jobs
Tata Consultancy Services (TCS) has revealed its intention to hire 40,000 freshers in 2025. The multinational will source its talent from campuses across the country. It is pertinent to mention here that TCS witnessed a drop in headcount in the last quarter by 5,000. In a recent interview, Milind Lakkad, chief human resources officer (CHRO), TCS, revealed that as part of the company’s goal to become an AI-first organisation, it will focus on ensuring that the members of its workforce, across all levels, possess skills pertaining to artificial intelligence (AI). He stated clearly that coding skills alone are not sufficient today. As per an india.com report, entry-level employees are expected to know the basics of large language models (LLM) and their applications. At the next level of the h...
The Lufthansa Group plans to increase its current workforce of over one lakh employees by at least 10,000 this year. More than half of the positions will probably be filled in Germany, which is its home market. These positions are dispersed throughout the administration, technical, and operations divisions. Additionally, the Group plans to actively hire flight attendants and ground crew. According to reports, at least 2,000 people will be hired for Lufthansa Technik, a company that provides maintenance, repair, overhaul, and modification services for aircraft. Austrian Airlines and Eurowings, both of which are subsidiaries of Lufthansa, are expected to hire roughly 700 people each. Lufthansa Airlines will employ about 1,200. The Lufthansa Group currently employs over a million people world...
Tata Group plans to create 5 lakh manufacturing employment by 2029
2.89 lakh jobs created by the food processing industry's PLI plan
Cognizant plans to increase its employment to 2,000 over three years
Poonawalla Fincorp to increase the staff workforce amid major expansion
Uber's Hires Coders as Gig Workers for AI Projects
X plans to hire 100 people for its content moderation staff.
TCS plans to hire 3,200 more people in France.