Under the 15-year agreement, Infosys will develop the Future NHS Workforce Solution, a data-driven workforce management platform, which will replace the existing Electronic Staff Record system
State Bank of India (SBI), the country's largest lender, has devised a strategy to boost gender diversity, aiming to increase its women workforce to 30 per cent within five years. "If we talk about frontline staff, women are almost 33 per cent, but as a total if you see, they account for 27 per cent of the total workforce. So, we will be working towards improving this percentage so that the diversity gets further improved," SBI Deputy Managing Director (HR) & Chief Development Officer (CDO) Kishore Kumar Poludasu told PTI in an interview. The bank is taking measures to bridge the gap and achieve its medium-term goal of 30 per cent women in its workforce, he said. SBI has a total staff strength of more than 2.4 lakh, one of the highest in any organisation in the country and the highest in the banking industry. He further said that the bank is committed to creating a workplace where women thrive at all levels and through targeted programmes, SBI fosters leadership, work-life balance
IT company GlobalLogic has plans to increase its headcount in India by 20 per cent this year, the company said on Thursday. As part of its expansion in the country, the company opened a new office in Chennai with a capacity to accommodate 500 professionals. The new office will serve as the centre for excellence for telecom, 5G and AI-first engineering, the company said in a statement. "India continues to be the cornerstone of our global innovation strategy. As we scale toward a 20,000-strong workforce in the country, Chennai will play a critical role in helping us deliver AI-first, cloud-native, and telecom-grade solutions at scale," Piyush Jha, Group Vice President and Managing Director, APAC, GlobalLogic said. With over 800 employees currently based in Chennai, GlobalLogic plans to increase this number by 20 per cent by the end of 2025, bringing the local headcount to over 1000, the statement said. "This growth contributes to the company's broader ambition of reaching a ...
The number of workers across rural and urban unincorporated enterprises fell to 128.6 million in April-June 2025 from an all-time high of 131.3 million in January-March 2025
Under the amended section 30, there will be advisory for first-time offenders and censure for subsequent offences, and thereafter, leading to penalties, if any
Even as India's fast-moving consumer durables (FMCD) sector has posted a 30 per cent hiring growth over the past two years, women remain starkly underrepresented, making up just 9 per cent of the workforce, said a report. India's FMCD sector has demonstrated consistent hiring momentum, with a cumulative 30 per cent increase from May 2023 to May 2025, according to a report by CIEL HR titled 'FMCD Sector: Talent Trends and Insights'. The report is based on quantitative analysis, drawing on data from 1,00,000 executives working in India's FMCD sector and 1,005 job postings. It also includes insights from the career sections of FMCD companies operating in India. Despite the sector's strong growth trajectory, the report revealed a huge gender gap, with women making up only 9 per cent of the FMCD workforce, one of the lowest among major sectors. Their representation remains especially low in manufacturing, sales, and technical roles due to long-standing structural barriers, it added. "T
The Office of the Director of National Intelligence will dramatically reduce its workforce and cut its budget by more than $700 million annually, the Trump administration announced Wednesday. Director of National Intelligence Tulsi Gabbard said in a statement, Over the last 20 years, ODNI has become bloated and inefficient, and the intelligence community is rife with abuse of power, unauthorised leaks of classified intelligence, and politicised weaponisation of intelligence. She said the intelligence community must make serious changes to fulfil its responsibility to the American people and the US Constitution by focusing on our core mission: find the truth and provide objective, unbiased, timely intelligence to the President and policymakers. The reorganisation is part of a broader administration effort to rethink its evaluation of foreign threats to American elections, a topic that has become politically loaded given President Donald Trump's long-running resistance to the ...
Robin Washington says merging CFO and COO functions improves business insight; Salesforce study finds APAC CFOs rapidly adopting AI for growth and efficiency
Nasscom expects workforce rationalisation as IT services transition to a product-aligned delivery model, driven by AI and automation. TCS's recent layoffs signal changes in the sector
Tata Consultancy Services (TCS) will lay off about 2% of its workforce, or 12,260 people, as part of its Project Fluidity, aiming to become a more agile, AI-led organisation
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals like Nvidia Corp. In a memo to employees, CEO Lip-Bu Tan said Intel plans to end the year with 75,000 workers, down 31% from 108,900 employees at the end of last year, through layoffs and attrition. The company previously announced a 15% workforce reduction. I know the past few months have not been easy. We are making hard but necessary decisions to streamline the organization, drive greater efficiency and increase accountability at every level of the company, Tan wrote. In addition, Intel will scrap previously planned projects in Germany and Poland and also move assembly and test operations in Costa Rica to larger sites in Vietnam and Malaysia. Costa Rica will remain a home to key engineering teams and corporate functions, Tan said in the memo. In the U.S., the company said it will .
Over 70% of experts said the Indian government's overall unemployment data was inaccurate and masked the severity of joblessness and underemployment
Russia will import up to 1 million workforce by the end of this year to address labour shortage in the country's highly industrialised areas, a business leader said. "As far as I know, by the end of the year, 1 million specialists from India will come to Russia, including the Sverdlovsk region. A new Consulate General is opening in Yekaterinburg, which will deal with these issues," Andrey Besedin, the head of the Ural Chamber of Commerce and Industry, told the RosBusinessConsulting (RBC) news agency. Besedin said the migration of Indians would fill the shortage of a highly qualified workforce in the Sverdlovsk region. Sverdlovsk, with the capital Yekaterinburg, is situated in the Ural mountains and is home to Russian heavy industry and military-industrial complex, including world-famous Uralmash and T-90 series tank maker Ural Wagon Zavod. Besedin stressed that industrial enterprises needed to increase production volumes, but the region faced a shortage of skilled workers. Some ..
Raymond, which celebrated its centenary this year, has embarked on a massive exercise to redefine skills for the modern age and is using automation to improve its productivity and efficiency, a top company official said. In a bid to create an engaged and skilled talent workforce that is 'ready-for-the-future', the 100-year old group is leveraging AI and automation in people practices. "We are in the process of implementing a very powerful HRMS system which has the ability to deploy AI. However, we are committing to preserving the human-centric ethos of the organisation. "Through extensive training, we will be sensitising people managers on working with empathy and emotional intelligence in the age of AI," KA Narayan, President, HR, Raymond, told PTI. Raymond is a diversified group with majority business interests in textile & apparel sectors and a presence across varying segments such as consumer care, realty and engineering in national and international markets. Its 100-year ...
The Supreme Court on Tuesday cleared the way for President Donald Trump's plans to downsize the federal workforce despite warnings that critical government services will be lost and hundreds of thousands of federal employees will be out of their jobs. The justices overrode lower court orders that temporarily froze the cuts, which have been led by the Department of Government Efficiency. The court said in an unsigned order that no specific cuts were in front of the justices, only an executive order issued by Trump and an administration directive for agencies to undertake job reductions. Justice Ketanji Brown Jackson was the only dissenting vote, accusing her colleagues of a demonstrated enthusiasm for greenlighting this President's legally dubious actions in an emergency posture. Trump has repeatedly said voters gave him a mandate to remake the federal government, and he tapped billionaire ally Elon Musk to lead the charge through DOGE. Musk recently left his role. Tens of thousand
Online dating platform Bumble plans to lay off about 240 employees, or roughly 30 per cent of its global workforce. In a securities filing, Bumble disclosed that its board approved the cuts this week as it realigns its operating structure to optimize execution on its strategic priorities. The Austin, Texas-based company expects to see USD 40 million in annual cost savings spanning from the workforce reductions, much of which it says it will invest in product and technology development. These decisions were not made lightly, and we are deeply grateful for the contributions of every employee impacted," Bumble said in a statement sent to The Associated Press Wednesday adding that it was now focused on moving forward in a way that strengthens our core business and "positions us for future growth. Shares for Bumble soared more than 23 per cent following the news. Its stock traded at just over USD 6.40 as of Wednesday afternoon. Bumble did not immediately specify when it would implemen
With India's IT and ITeS sector embracing flexible staffing as a core workforce strategy, a report on Wednesday revealed that the gig economy, which is growing at 15 per cent annually, will touch 9 lakh professionals by 2030. Currently, India's IT/ITeS sector employs 3,90,000 flexi workforce, accounting for around 7 per cent of the total 5.8 million professionals in the sector, talent solutions provider Careernet said in a report - "The Rise of Flexi Staffing: Outlook for India's IT/ITeS Talent Landscape". The report projected this number to more than double to 9,00,000 by 2030, growing at a 15 per cent Compound Annual Growth Rate (CAGR). The Careernet's 'Rise of Flexi Staffing: Outlook for India's IT/ITeS Talent Landscape' report is based on real-time hiring data, market research, and industry trends. "With India being a global offshoring hub, demand for flexi workers is expected to rise in the IT/ITeS sector. India's IT/ITeS flexi staffing segment is undergoing a structural ...
Credai has joined hands with Adani Cement to promote sustainable building practices and launch councils focused on workforce skilling and green development in real estate
Pearson India operates in education and assessment markets, targeting school goers, students aspiring for colleges overseas and corporate professionals
No time to work out? No problem-these physiotherapist-recommended desk stretches offer quick relief from pain, stiffness, and poor posture