Edition 24: Weekly Industry News and Trends
January 17, 2025
Welcome to the 24th edition of our 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 -
Perplexity AI eyes expansion into India, hiring for new role for strategic growth READ MORE
Clinisys continues expansion of India operations; moves to larger office space in Bengaluru READ MORE
Eli Lilly setting up GCC in Hyderabad, to hire over 1,000 people READ MORE
Dublin-based Inspeq AI enters India market with office in Bengaluru READ MORE
Clinisys continues expansion of India operations; moves to larger office space in Bengaluru READ MORE
EY Opens New Office in Kochi, Strengthens Kerala’s Role as a Global Hub READ MORE
Rubrik to expand in India with a new office in Bengaluru READ MORE
TCS to create 25K-seat capacity in Bengaluru with Rs 1,625 cr land deal - Details READ MORE
TCS to hire 40,000 freshers from campuses this year with AI skills expected at all levels, CHRO says: Report READ MORE
Australia's Telstra seeks to partner with Accenture for AI boost READ MORE
Google strikes world’s largest biochar carbon removal deal with Indian startup Varaha READ MORE
02. Industry News:
Covers industry-specific news and major announcements, including global layoffs -
India will need to deliver 24.3 lakh blue-collar jobs amid rapid qcomm rise READ MORE
Microsoft has reportedly placed a temporary hold on hiring within its US consulting unit READ MORE
BM Property: Bengaluru leads India’s record office leasing in 2024 READ MORE
Indian Employees Likely To Receive Average Salary Hike Of 9.4% In 2025, Says Report READ MORE
IISc and Tata Group partner to establish medical school in Bengaluru READ MORE
LinkedIn Jobs on the Rise 2025: The 25 fastest-growing roles in India READ MORE
India’s Companies Go Shopping READ MORE
India ranks third globally in fintech funding despite 33% lower infusion in 2024: Report READ MORE
AI set to reshape 38 mn jobs in India by 2030, boost productivity: EY READ MORE
India ranks among the world's best in readiness for future in-demand jobs READ MORE
India GCC Sentiment:
India Working on New GCC Policy to Tap Sector Growth with Fresh Incentives READ MORE
Bengaluru Home To 60% Of Global 2000 GCCs In India READ MORE
India set to become ‘GCC Capital of the World’ READ MORE
India Set to Host 620+ New GCCs by 2030: ANSR Report READ MORE
Bengaluru remains top destination for GCCs: Report READ MORE
GCCs expected to employ 1.9 million people in India by 2030 READ MORE
Global Layoff News:
Citrix Parent Cloud Software Group Confirms Layoffs READ MORE
Microsoft, Amazon, and other major US companies announce layoffs READ MORE
ShareChat to lay off 5% of workforce amid annual performance review: Report READ MORE
Pocket FM to lay off 75 employees amid push for profitability READ MORE
Citigroup Earmarks $600 Million in Severance for Fresh Global Job Cuts READ MORE
Microsoft confirms global layoffs, but not in India this time: Report READ MORE
Meta to lay off 3,600 employees; have decided to raise the bar, says Mark Zuckerberg READ MORE
03. Expansions and M&A:
Covers company expansions and M&A news -
Sun Pharma to acquire 100% stake in Antibe Therapeutics Inc. READ MORE
Access Healthcare announces investment from New Mountain Capital READ MORE
04. Diversity Initiatives:
Covers company DEI initiatives and recent developments -
Walmart Under Fire From Investors for Cutting DEI Programs READ MORE
05. Leadership Highlight:
Covers leadership movements and hires -
Dunzo went offline shortly after its last remaining co-found and CEO, Kabeer Biswas, left the company to join Flipkart 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.