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Browsing: HR Network
Tata Consultancy Services (TCS), the Indian software services multinational, is encouraging its employees to use artificial intelligence (AI) tools to complete tasks more quickly and at lower cost, even if this reduces the company’s revenue in the short term. The company’s leadership believes AI will ultimately expand opportunities rather than shrink them, and wants staff […]
The post TCS pushing AI use despite revenue risks? appeared first on HR Katha.
Ferrari is giving record annual bonuses to its Italian workforce after reporting strong financial results in 2025. Despite delivering slightly fewer cars than the previous year, the company’s revenues rose 7 percent to €7.1 billion, while operating profit climbed 12 percent to €2.1 billion. Around 5,000 employees in Italy are eligible for bonuses of up […]
The post Ferrari rewards staff with record bonuses after strong 2025 appeared first on HR Katha.
India Inc. is projected to offer an average salary increment of 9.1% in 2026, with GCCs and financial services leading growth. Attrition stabilises at 16.4%.
Livspace has let go of about 1,000 employees, that is, about 12 per cent of its staff, as part of a planned internal reorganisation. As per the company, this move is to become more focused on artificial intelligence (AI). However, the layoffs also come after four years without new funding and no clear path to […]
The post Livspace lays off 1,000 employees;shifts to AI; sees co-founder exit appeared first on HR Katha.
IIM Lucknow has completed its Placement 2026 with strong results for students. A total of 559 students received more than 580 job offers, showing high demand from recruiters. The biggest highlight was the highest domestic package of Rs 1 crore per year, while the highest international offer stood at Rs 65 lakh. The average salary […]
The post IIM Lucknow Placement 2026 hits Rs 1 crore mark appeared first on HR Katha.
Dabur India Begins Construction of Manufacturing Facility in Tamil Nadu with Rs 400 Crore Investment
Dabur India has begun building its first manufacturing facility in South India at Tindivanam, Tamil Nadu, with an investment of Rs 400 crore. This new plant is designed to be a modern, sustainable unit that runs entirely on renewable energy and promotes inclusive hiring practices. It is expected to strengthen Dabur’s supply chain and expand its […]
The post Dabur’s Rs 400 crore factory will provide jobs to 250+ in Tamil Nadu appeared first on HR Katha.
Meta Platforms has reduced the value of its annual stock awards for most employees by…
The Gujarat Legislative Assembly has approved amendments to the Gujarat Shops and Establishments Act, introducing…
The Employees’ Provident Fund Organisation (EPFO) is set to introduce a new mobile application starting…
Tamilnad Mercantile Bank (TMB) is preparing to shift a significant portion of its workforce into…