Tag: Workforce

YPay aims at multiplying its manpower by 3x

YPay is planning to increase its workforce by 300 percent in the next two quarters. It currently employs 50 employees and aims to increase its total strength to over 200 employees by the end of the fiscal year. Hiring would be done across various departments- technology, sales and marketing, the company has announced. YPay also…

FirstMeridian Headcount Crosses 100,000

FirstMeridian, a HR Staffing and Business services, has announced that it had crossed the 100,000 – associate mark, growing by more than 35% over the last 12 months. The workforce is deployed across 1000+ customer locations across India. “We are thankful to our customers, associates, and colleagues for this achievement. We are committed to providing…

L&T intensifies efforts to retain workforce: CEO

Larsen & Toubro (L&T), an engineering and construction company, has announced that it is planning to intensify its efforts to retain the company’s workforce, in light of the second wave of COVID-19, according to a company official. “What has happened after the first wave (of COVID-19) is that much of the labourers went back to…

Will double headcount; lot of headroom for growing user base: Koo

Koo, a microblogging platform, is aiming to double its workforce in the coming one year as it scales up its customer base on the platform, according to co-founder Aprameya Radhakrishna. He added, “When folks join Koo, they bring their followers as well, we don’t have too many Bollywood folks yet, we don’t have too many…

Sonalika Initiates Vaccination Drive to Cover 100% of its Workforce

Sonalika Tractors has taken the full responsibility to arrange and bear expenses related to COVID-19 vaccination of its entire workforce including Pan India employees, channel partners and their teams. It is of utmost priority at Sonalika Tractors to safeguard its family from the pandemic and support India fight back to challenge COVID-19 wave, the company…

TikTok owner Bytedance slashes jobs in India after permanent ban

TikTok owner Bytedance has decided to lay off more than 2000 jobs in India after prolonged ban by the Ministry of Electronics and Information Technology. The short-video platform has also decided to wrap up business in India amid the permanent ban. “We continually strive to make our apps comply with local laws and regulations and…

Vista Equity Partners acquires Pluralsight for $3.5 Billion

Pluralsight, the technology workforce development company, has entered into a definitive agreement to be acquired by Vista Equity Partners, a global investment firm focused on enterprise software, data and technology-enabled businesses. “Pluralsight and Vista share the belief that software is key to unlocking opportunity and progress,” said Adrian Alonso, managing director at Vista. “We are impressed…

Deloitte to expand its workforce in India

Deloitte plans to double its Indian workforce in the next two to three years, said, Punit Renjen, CEO at the 18th edition of Hindustan Times Leadership Summit. The provider of industry-leading audit, consulting, tax and advisory services aims to tap into the talent pool that India offers. He said, “We have 55,000 individuals who serve…

Bigbasket lost 80 percent of workforce within two days of lockdown, bounced back with resilience: CEO Hari Menon

BigBasket has registered a loss of 80% of its workforce within two days of the coronavirus induced lockdown in March, said CEO Hari Menon. However it bounced back with resilience and hired over 12,000 employees in sixteen days, he added.  Speaking at an online session of “Isha Insight: The DNA of Success”, he said, “After…

Bank of Baroda introduces ‘Employee-Assistance Programme’ in association with EAP India

Bank of Baroda (BoB) has launched an ‘Employee Assistance Programme’ that is aimed to help it’s employees deal with their personal and professional issues by providing them psychological counselling and consulting.  The well-being programme is introduced in association with Employee Assistance Program (EAP) India Pvt Ltd., for the welfare of the employees and their family…

Tata Steel announces new working models for employees

In order to give more flexibility to employees, Tata Steel launches ‘Agile Working Models’ Policy with effect from this month. In pursuant to the policy, even the officers who are required to be based out of a particular location can now work from home for unlimited days in a year. Once the pandemic situation normalises,…

TCS launches New Workforce Analytics Solutions

Tata Consultancy Services (TCS), IT services, consulting and business solutions organization, announced the launch of TCS Workforce Analytics. It is an AI-based unified system of engagement, insights and foresight for employees, managers and CXOs, designed to enhance productivity and workforce experience. It will help enterprises to deal with the talent management challenges of the digital…