Edition 26: Weekly Industry News and Trends
February 3, 2025
Welcome to the 26th 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. Industry News:
Covers industry-specific news and major announcements, including global layoffs -
Government is reportedly thinking about changing its stance on cryptocurrency READ MORE
OpenAI unveils new AI ‘Agent’ for deep, complex research with ChatGPT READ MORE
India GCC Sentiment:
GCC framework proposed in Budget for Tier 2, 3 cities can boost real estate demand, say experts READ MORE
Budget 2025: Govt Pushes for GCCs in Tier-2 Cities, Unveils AI Centre of Excellence READ MORE
India’s GCC Units to Reach 2,500 from 1,950 Soon READ MORE
For all its GCC boom, India yet to capture 70% of Fortune 500 companies READ MORE
Infosys to set up a GCC for Lufthansa in India READ MORE
Mortgage tech firm Dark Matter opens GCC, to triple headcount to 2,250 by 2027 READ MORE
McDonald’s to set up its first GCC in India READ MORE
Global roles in GCCS to grow over three-fold to 30,000 by 2030: Eco Survey READ MORE
India's Union Budget FY 2025-26: Key Takeaways READ MORE
Global Layoff News:
Tech layoffs: Microsoft fires underperforming employees effective immediately READ MORE
Amazon's fresh layoffs: US tech firm fires more employees, says 'we don't make these decisions lightly' READ MORE
Google employees fear new round of layoffs, petition company READ MORE
Tech Layoffs 2025: Over 5,600 Jobs Lost So Far As Microsoft, Meta And Others Cut Staff READ MORE
Nearly half of managers predict layoffs in 2025 READ MORE
Dow plans 1,500 layoffs in $1B savings plan READ MORE
ADM to make layoffs soon to cut costs, sources say READ MORE
02. Expansions and M&A:
Covers company expansions and M&A news -
Sagility India shares hit 5% upper circuit after Rs 500 cr acquisition of BroadPath Healthcare READ MORE
US takes legal action against HPE’s Juniper acquisition READ MORE
International Paper completes acquisition of DS Smith READ MORE
Spirit AeroSystems Shareholders Approve Acquisition by Boeing READ MORE
03. Diversity Initiatives:
Covers company DEI initiatives and recent developments -
What is DEI, why many US corporate giants dropped it and what it means in India READ MORE
India’s gender diversity challenge: Only 19% of C-suite roles held by women READ MORE
04. Leadership Highlight:
Covers leadership movements and hires -
Wipro appoints Madhu Menon as global head and VP- Talent Acquisition 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.