Starting on March 10, 2025, employees at Infosys will be required to work from the office for a minimum of ten days each month. The company is updating its attendance software to ensure compliance with this new policy. Last year, Infosys allowed employees to work from home for up to 11 days while still requiring 10 days in the office as part of its hybrid model. However, the introduction of technology will now enforce this requirement. If employees do not adhere to the new on-site work demand, the mobile app they use to log their attendance will deny their work-from-home requests. Previously, those requests were automatically accepted, as reported by ET. Department heads have been notified of this mandate, which will apply to approximately 323,000 employees at job level 5 (JL5) and below. ...
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Hewlett-Packard (HP), the American multinational company that manufactures computers and printers, is reducing its global workforce by approximately 2,000 employees. By October this year, the company’s workforce, which currently stands at 58,000, will be significantly downsized in an effort to save $300 million. While specific departments affected by the layoffs have not yet been announced, the cuts are expected to be strategically planned and will impact employees across various segments of the company. These workforce reductions will reportedly be carried out in consultation with local labor associations and will comply with the regulations and laws of the respective countries. In addition to the job cuts, HP is also undergoing a rebalancing initiative and exploring other areas for...
Apple is planning to create 20,000 new jobs across the United States. This initiative will involve expanding teams focused on research and development (R&D), software development, custom silicon, hardware engineering, artificial intelligence, and machine learning. The company is set to invest $500 billion in supplier partnerships, direct job creation, technological infrastructure, office spaces, data centers, and production over the next four years. In the past five years, Apple has nearly doubled its spending on advanced R&D and aims to accelerate this growth further. Since 2020, Apple has reportedly contributed over $75 billion to the U.S. economy in taxes, with $19 billion paid just in the year 2024. To bolster the manufacturing sector, Apple will double its Advanced Manufacturi...
It hasn’t been long since Ola Electric laid off around 500 employees in November 2024. Now, the electric vehicle manufacturer, led by Bhavish Aggarwal, is again reducing its workforce to cut losses. These job cuts will affect various departments, including the charging infrastructure division, fulfillment, procurement, and customer relations. In this second round of layoffs, more than one-fourth of the workforce, excluding contract workers, will be affected. The company has reportedly restructured its operations and embraced automation to control costs, improve customer experience, and increase profit margins. In this process, it has eliminated redundant roles to maintain productivity. In the December quarter, Ola incurred a 50 percent increase in losses, rising from Rs 376 crore dur...
JioStar, the newly formed media giant resulting from the Reliance-Disney merger, is set to lay off approximately 600 employees across India. This decision is part of a significant restructuring effort aimed at optimizing resources and eliminating duplicate roles following the consolidation. The layoffs will impact employees from both Reliance and Star, as the company reorganizes its workforce. With JioStar now positioned as the country’s largest media and entertainment entity, the merger has created overlapping functions, making job cuts unavoidable. To facilitate the transition, JioStar is collaborating with an outplacement agency to help affected employees find new opportunities. The company has assured that existing health insurance and hospitalization benefits will continue until their...
Starbucks plans to lay off 1,100 corporate employees worldwide as part of a restructuring under Brian Niccol, the new chairman and CEO. This decision aims to streamline operations and enhance efficiency throughout the company. Employees were informed in a letter that the layoffs will be announced by midday on Tuesday, February 25, 2025. In addition to these layoffs, several hundred open and unfilled positions will also be eliminated. The company is focused on reducing complexity, increasing accountability, and improving integration within its operations. In January, Starbucks already conducted another round of layoffs, targeting corporate-level positions. The primary goal was to streamline operations by removing redundant roles and addressing internal inefficiencies that were believed to h...
Google has begun implementing job cuts within its cloud division and human resources department as part of a larger internal restructuring effort. These layoffs are part of the company’s ongoing initiative to streamline operations and redirect resources towards artificial intelligence and business expansion. To optimize resources for AI investments and business growth, Google has informed full-time employees in its people operations division in the US about a voluntary exit program set to begin in early March. Reports indicate that mid-to-senior level employees who choose to participate in this buyout could receive severance packages that include 14 weeks of salary plus an additional week for each year of service. Several teams within Google’s cloud division, including sales operatio...
A former employee of Tata Consultancy Services (TCS) has accused the company of engaging in visa fraud to circumvent U.S. labor laws and H-1B visa regulations. Anil Kini, the whistleblower who worked as an IT manager at TCS’s Denver office, claims he was instructed to alter internal organizational charts and misclassify employees as managers to evade scrutiny regarding visa applications, as reported by Bloomberg. Kini’s current allegations are part of an appeal following the dismissal of his earlier lawsuit. He asserts that these fraudulent practices began during the first term of former U.S. President Donald Trump, when stricter regulations on employment visas were introduced. The accusations involve TCS’s use of L-1A visas, which are intended for transferring managers w...
Infosys, an Indian IT services company, has postponed a crucial internal assessment originally scheduled for February 18 at its Mysore campus. The delay comes in response to significant backlash following the termination of hundreds of trainees, which has sparked criticism from employee unions and prompted government intervention. The assessment was set to involve around 800 employees, with results expected by February 19, 2025, and potential terminations by February 21. After pressure from the Nascent Information Technology Employees Senate (NITES) and other unions, Infosys has rescheduled the assessment for February 24, 2025. A formal announcement was communicated to trainees via email, which has since circulated online. This postponement provides temporary relief to the affected trainee...
Tata Consultancy Services (TCS) is expected to begin disbursing annual salary increments for the financial year 2025 in April, which is just two months away. The Indian multinational company plans to implement these increments in March, with increases anticipated to be in the range of four to eight percent. As per usual practice, divisions that have demonstrated exceptional performance are likely to receive higher increments. However, this year, the overall increments are lower compared to previous years. While the average increment generally ranged from seven to eight percent, this year employees have been informed that the increment will fall between four and eight percent. This is notably lower than the average increment of 10.5 percent in FY22. In April 2024, TCS introduced a new polic...
When Nicolas Welch, an analyst at JPMorgan Chase, asked CEO Jamie Dimon about the bank’s return-to-office policy, he was shocked to find himself terminated for the inquiry. During a recent town hall meeting, Welch questioned Dimon about why his team of seven members, who work from different parts of the world and in various time zones, needed to be present in the office. He explained that his team did not require office attendance to be productive. Additionally, Welch suggested that decisions regarding in-office requirements should be left to the individual team managers. It’s important to note that Welch is currently going through a divorce and is struggling with childcare and other responsibilities. While the employees welcomed his suggestion, Dimon made his disapproval clear. He f...