Microsoft Continues Layoffs, Cuts 650 Jobs
In a new wave of job cuts, Microsoft has announced plans to reduce its workforce by 650 employees, primarily in its gaming division. This latest round of layoffs follows the company’s restructuring efforts after its $68.7 billion acquisition of Activision Blizzard in 2022. The acquisition, which included Activision Blizzard’s net cash, is the largest in […]
LGT Wealth India Appoints New Managing Director for Wealth Planning & Family Solutions
LGT Wealth India has appointed Poonam Mirchandani as the Managing Director of its Wealth Planning & Family Solutions division, starting August 2024. Poonam brings over 20 years of expertise to her new role, having previously served at Barclays Private Bank. Operating from Mumbai, Poonam will collaborate with LGT Wealth India’s team to enhance the firm’s […]
HROne Secures $4 Million in Series B Funding
HROne, a prominent player in the HRTech sector, has successfully raised $4 million (approximately ₹33 crores) in its Pre-Series B funding round. This latest investment round was spearheaded by existing investors Insitor Partners and Prudent Investment Managers. The newly acquired funds will be directed towards advancing product innovation, broadening market reach, scaling operational capabilities, and […]
Freshworks Names Murali Swaminathan as Chief Technology Officer
Freshworks Inc. has announced the appointment of Murali Swaminathan as its new Chief Technology Officer (CTO). Swaminathan joins the company from ServiceNow, where he held the position of Vice President of Engineering. In his new role, Swaminathan will oversee Freshworks’ technology strategy and lead the company’s global engineering and architecture divisions. With a career spanning […]
EET Names Ruth Herbert as Managing Director of Business Development and Strategic Initiatives
Essar Energy Transition (EET) has announced the appointment of Ruth Herbert as Managing Director of Business Development and Strategic Initiatives, starting on September 16. Ruth Herbert, who most recently held the position of Chief Executive at the Carbon Capture and Storage Association, brings a wealth of expertise to EET. In her new role, she will […]
Amazon India Adds Over 100K Seasonal Jobs to Meet Festive Demand
Amazon India has announced the creation of more than 110,000 temporary job positions throughout its operations network in preparation for the upcoming festive season. These roles are designed to bolster Amazon’s fulfillment and logistics capabilities, ensuring a smooth experience for customers during the busy period. These job openings span major cities including Mumbai, Delhi, Pune, […]
Akasa Air Names Sejal Haribhakti Mody as Chief Human Resources Officer
Sejal Haribhakti Mody, who brings with her 20 years of expertise, has been appointed as the Chief Human Resources Officer at Akasa Air. She previously held a position at Hindustan Unilever. Akasa Air has announced the appointment of Sejal Haribhakti Mody as its new Chief Human Resources Officer (CHRO), effective September 9. Sejal will spearhead […]
A Deeper Dive into SEBI’s Leadership and Work Culture Crisis
SEBI, India’s financial regulatory body, is currently grappling with multiple challenges, ranging from accusations of a toxic work environment to concerns about its leadership and high-profile investigations. The Securities and Exchange Board of India (SEBI) is facing increasing scrutiny. Allegations have surfaced from employees who claim to be dealing with a hostile work atmosphere, while […]
Saurabh Vatsa is appointed MD of Nissan Motor India
Saurabh Vatsa is appointed MD of Nissan Motor India As of April 1, Saurabh Vatsa has taken over as Nissan Motor India’s Managing Director, replacing Rakesh Srivastava. By RethinkHR, March 26, 2024 With effect from April 1, Saurabh Vatsa has been promoted to the position of Managing Director (MD) at Nissan Motor India. Rakesh Srivastava, […]
Singapore Embraces SkillsFuture Upskilling
Singapore Embraces SkillsFuture Upskilling Singapore will use SkillsFuture to upskill mid-career workers Acknowledging the evolving nature of skills sought by industry, the plan seeks to provide financial aid for full-time diploma degrees in higher education. By RethinkHR, March 26, 2024 In partnership with the Ministry of Education (MOE), Singapore has launched the SkillsFuture Level-Up […]