HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.
MEGA The Privacy Company has announced the appointment of Michael Friedberg as Chief Growth Officer. In his new role, Michael will be responsible for accelerating revenue growth and market share. Stephen Hall, Executive Chairman of MEGA, said, “This is a key investment for MEGA and signals the next phase of our growth as we build…
Hexaware Technologies Ltd, a next-generation provider of IT, BPO and consulting services, announced it has launched several unique initiatives ensuring employee connect and engagement during the current phase of ‘work from home.’ “Fun is an integral part of Hexaware culture. These engagement activities are helping us build a community within Hexaware, a community of fun…
The challenges that today’s Chief Information Officers (CIOs) are facing are more complicated and critical than ever before, as these leaders look to help their businesses recover and restart in the wake of a global pandemic. To help them out, IBM announced at its ‘Think Digital’ conference a broad range of new AI-powered capabilities and…
Mindtech, a UK-based silicon and systems startup developing unique solutions for AI enabled visual processing, announced the appointment of Justin Bronder as VP-AI Strategy. Prior to joining Mindtech, Justin worked at Microsoft, where he led a team of computer scientists that developed machine learning solutions using AI in the fields of reinforcement learning, generative adversarial…
Tata Consultancy Services, a leading global IT services, consulting, and business solutions organization, announced the launch of TCS WaferWise, a cloud-based wafer anomaly detection solution that harnesses the company’s contextual knowledge of the semiconductor industry and the power of deep learning technology, to help chip makers digitally reimagine their product quality assurance process. Sophisticated quality…
Freshworks Inc., the customer engagement software company, announced the appointment of SaaS veteran Tyler Sloat as Chief Financial Officer. The executive appointment comes on the heels of the company surpassing $200 million in annual recurring revenue, doubling in the past 18 months. Sloat is charged with maintaining sustainable growth across its customer segments, overseeing all…
Acronis, a global leader in cyber protection, announced the availability of Acronis Cyber Protect, an innovative new cyber protection solution that integrates backup, disaster recovery, next-gen anti-malware, cybersecurity, and endpoint management tools into one service. With Acronis Cyber Protect, MSPs can proactively avoid cyberattacks, minimize downtime, ensure fast and easy recoveries, and automate the configuration…
As the nationwide lockdowns continue, gym and fitness centers across the country remain closed piling up losses for the company that operates them or owns them. In an attempt to tide over the coronavirus crisis, health and fitness startup Cure.fit recently announced that it has decided to lay off trainers and downsize operations in several…
Hyundai Motor India Ltd., country’s first Smart Mobility Solutions Provider and the largest exporter since inception, has set ‘customer and employee safety’ as ‘top priority’ with the announcement of a comprehensive list of measures, aimed at ensuring ‘dealership preparedness’ to meet the highest levels of sanitation and hygiene across all its showrooms and workshops. Commenting…
Since the imposition of nationwide lockdown by the Indian government, layoffs and furloughs have become a piece of common news. In an attempt to tide over the crisis erupted due to the coronavirus pandemic and subsequent lockdown, businesses have been resorting to tough measures to prevent cash burn. The Government of India had imposed a…
Indian multination steel-making company Tata Steel Ltd., formerly known as Tata Iron and Steel Company (TISCO)’s Chief Executive Officer T.V. Narendran has reportedly abruptly resigned from the presidency of the Indian Steel Association. His resignation comes way before the conclusion of his two-year tenure at the industry’s premier industry body in the country. His tenure…
With remote working on the rise, more and more employees are experiencing pain and discomfort due to poor workstation set-up at their homes. Considering the pain of these employees, designer, and manufacturer of ergonomic office tools that improve the health and comfort of work-life, Humanscale has launched a campaign in India to offer online ergonomic…
Cyient, a leading provider of technology services and solutions, announced the appointment of Felice Gray-Kemp to the newly created role of Senior Vice President and Global General Counsel. In her new role, Felice will be providing legal and strategic guidance on significant corporate transactions and oversee corporate governance, compliance, and employee matters. Felice comes with…
DEVCON announced the appointment of Chad Fowler as new Vice President of Technology. In his new role, Chad will oversee product development & strategy leading the company’s roll-out of its new DevSecOps suite of SaaS Security tools and products. Chad’s rich background in UX and software development will play a key role in the company’s…
The coronavirus outbreak and a followed lockdown has caused huge losses to the corporate world. With organizations closing in on their offices, sending employees to work-from-home until the crisis in over, global economy has come to a halt. Lately, there have been many reports about companies laying off employees or sending them on furlough in…