Edition 22: Weekly Industry News and Trends
December 17, 2024
Welcome to the last edition of 2024 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 -
ZS aims to add 2000 employees in India by next year READ MORE
Lockton plans major international expansion with Indian market focus READ MORE
magicpin offers jobs to YesMadam laid-off employees READ MORE
Nissan Motor Corporation expands workforce in India amid global restructuring READ MORE
02. Industry News
Covers industry-specific news and major announcements, including global layoffs -
Wipro boosts its internal talent base to drive growth READ MORE
IT sector to witness 15-20% growth in job opportunities in 2025 READ MORE
India GCC Sentiment:
Small cities, towns to drive next round of GCC expansion READ MORE
Hyderabad fast emerging as GCC hub READ MORE
SRKay Consulting Group : Establishing a Global Capability Center in India READ MORE
Airbus leases 650,000 sq ft office in Bengaluru for 10 years for GCC set up READ MORE
Global Layoff News:
Yahoo layoffs: Tech company cuts 25% of its cybersecurity team READ MORE
Indian startups sacked more than 9,000 employees in 2024 READ MORE
SpiceJet Limited Layoffs: Nearly 2,000 lost jobs in FY24 READ MORE
Bosch layoffs: German tech company announces to cut 8,000 to 10,000 roles READ MORE
HealthTech unicorn Biofourmis cuts more jobs after merger READ MORE
03. Expansions and M&A
Covers company expansions and M&A news -
M&A News:
AI Express-AIX connect merger to help push profitability READ MORE
Omnicom to acquire Interpublic Group (IPG) in $26 billion advertising mega-merger READ MORE
HubSpot to acquire Frame AI , an AI-powered conversation intelligence platform READ MORE
04. Diversity Initiatives
Covers company DEI initiatives and recent developments -
Cognizant named to Newsweek's list of America's Greatest Workplaces for Diversity READ MORE
Kinetic Green paves the way for Women’s Empowerment through innovative program and initiatives READ MORE
05. Leadership Highlight
Covers leadership movements and hires -
Zepto 's leadership shift: CHRO Gomez exits, Mendiratta takes charge READ MORE
Mukesh Ambani names Ira Bindra as Group President for RIL human resources 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.