Edition 16: Weekly Industry News and Trends
November 5, 2024
Welcome to the sixteenth edition of Weekly Industry News and Trends. We are excited to present this newsletter to provide HR leaders with curated global news, with a special focus on India, to keep you informed about the latest market trends and developments. Our aim is to deliver concise, insightful updates every Tuesday, complete with links to the original sources for deeper exploration.
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01. Company/ Hiring News:
Covers company-specific news and major hiring news -
L&T Technology Services eyes aerospace expansion to ride India's $44 billion market push READ MORE
Google -backed Moniepoint Group raises $110 million for expansion READ MORE
Genpact expands in Rajasthan, to create 5,000 new jobs READ MORE
Unimoni earns prestigious 'India's Best Workplaces for Women 2024' certification READ MORE
Elon Musk is hiring bilingual experts from India READ MORE
Tata Consultancy Services HR head's update on hiring 40,000 freshers in the fiscal year ending March 2025 READ MORE
Infosys , zooplus partner on AI-driven digital transformation READ MORE
9SKIN , co-founded by Nayanthara, ties up with Reliance retail’s Tira READ MORE
02. Industry News
Covers industry-specific news and major announcements, including global layoffs -
India needs 10 million new jobs annually despite rising female workforce: Goldman Sachs READ MORE
10 per cent jump in white-collar hiring in October; pick up in freshers hiring: Naukri.com Index READ MORE
India GCC Sentiment:
Global Capability Centers lease nearly 23,000 co-working desks between Jan - Sep period READ MORE
Global Capability Centers are poised to be next-gen innovation hubs READ MORE
GCCs tap India’s talent pool to offer better healthcare solutions READ MORE
Global Layoff News:
Oil-giant Chevron eyes possible layoffs in the US as part of its $3 billion cost cutting measures READ MORE
Gwyneth Paltrow's goop undergoes second round of layoffs in two months READ MORE
Dropbox lays off 20% of workforce amid slowing business growth READ MORE
Security tech company Evolv fires its chief executive READ MORE
03. Expansions and M&A
Covers company expansions and M&A news -
Biggies Burger targets aggressive expansion, plans to add 25 stores every quarter READ MORE
Sarovar Hotels & Resorts plans to expand to 150 hotels in over 90 destinations by 2025 READ MORE
HCLTech launches delivery center in Kerala to expand engineering, AI services READ MORE
M&A News:
Dabur India Limited expands haircare portfolio with Sesa Care Private Limited acquisition READ MORE
04. Diversity Initiatives
Covers company DEI initiatives and recent developments -
The evolution of LGBT+ inclusion in corporate India: A journey towards equality READ MORE
05. Leadership Highlight
Covers leadership movements and hires -
Mitsubishi Electric in India welcomes Atsushi Takase as the new Managing Director READ MORE
Yamaha Motor Solutions India appoints Itaru Otani as Chairman READ MORE
Sandeep Dutta takes charge as Amazon Web Services (AWS) India & South Asia President READ MORE
OLX India MD & CEO Amit Kumar announces resignation READ MORE
The news/ content presented in this newsletter is curated from various external sources. We do not claim ownership of the news articles or express any opinions on the information provided. This newsletter aims to keep HR leaders and professionals informed about current industry developments on a weekly basis. All external content remains the property of the respective authors and publishers. Any views or opinions expressed in the external articles are those of the authors and do not necessarily reflect our views. We are not responsible for the accuracy, completeness, or reliability of any information contained in the articles shared.