In a first-of-its-kind undertaking in India, the Tamil Nadu authorities on Saturday inaugurated an industrial housing facility at SIPCOT Industrial Park Vallam Vadagal at Sriperumbudur to accommodate 18,720 staff. Constructed at a price of ₹706.50 crore, the power was inaugurated by Chief Minister MK Stalin on Friday within the presence of Chairman of Taiwan-based Foxconn … Read more
Whilst TCS management is reluctant to name out long-term restoration for the Indian IT sector, it has commenced hiring associates seeing higher days on the horizon. In a one-on-one chat with businessline, TCS CHRO Milind Lakkad mentioned what it’s wish to have their workforce again at workplace and way more. Excerpts: You’re but to point … Read more
In a bid to advertise loyalty and cut back attrition, know-how options firm CriticalRiver has floated a two-way ESOP (worker inventory possibility) coverage to present shares to all of its workers. The ten-year-old firm, which has over 1,000 workers in 9 international areas, has determined to present 100 shares to every of the staff yearly. … Read more
Huge Tech’s “12 months of Effectivity” could also be over however latest layoffs at Google and Amazon have signaled the companies will preserve reducing jobs in 2024 as they make huge investments in generative AI. Analysts and trade specialists imagine the layoffs can be smaller and extra focused this 12 months, with companies which are … Read more