Edition 21: Weekly Industry News and Trends
December 10, 2024
Welcome to the 21st 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 -
EPAM Systems strengthens India presence with aggressive hiring READ MORE
NODWIN Gaming gets INR 64 crore infusion from Nazara Technologies Limited for global expansion READ MORE
Tata Electronics targets tech giants Microsoft , Dell Technologies for client expansion READ MORE
Ola Electric plans to ride from 800 stores to 4,000 in 19 days READ MORE
02. Industry News
Covers industry-specific news and major announcements, including global layoffs -
YesMadam allegedly asks employees if they are stressed, and then fires them READ MORE
Should AI be blamed for sporadic layoffs in tech? READ MORE
India GCC Sentiment:
ETS set to establish Global Capability Center in Delhi READ MORE
Illumina celebrates opening of Global Capability Center in Bengaluru READ MORE
Global Layoff News:
Airbus layoffs: Firm to fire over 2,000 employees in Defense and Space division READ MORE
Cargill lays off 5% of its workforce, with job cuts impacting thousands of employees globally READ MORE
03. Expansions and M&A
Covers company M&A news -
Netscribes acquires Bengaluru-based AKIRA Insights READ MORE
Seiko Epson Corporation completes acquisition of Fiery READ MORE
RPG Group's CEAT Limited to acquire Camso brand from Michelin for $225 million READ MORE
04. Leadership Highlight
Covers leadership movements and hires -
Schaeffler India appoints Shibi Matthew as new Head of HR and CSR READ MORE
Cipla appoints Girish Verulkar as Director of Human Resources READ MORE
Kotak Mahindra Bank names Kshitiz Saigal as VP of Talent Acquisition READ MORE
HP India appoints Ritika Jain as Talent Acquisition Lead for sales hiring 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.