Industry Trends

‘I do not think the problem is the dress code’: Top-performing employee gets suspended for wearing jeans to work

As per an X-post by career coach Simon Ingari, the company suspended a high-performing employee named Alex for wearing jeans to work, which, as per the manager, was against the dress code. His absence caused operational issues and missed deadlines. The manager had to recall Alex. This incident sparked a discussion on whether performance should outweigh appearance in the workplace.

5 hours ago

30 years in the same company, yet minimal retirement benefits; wife discovers why

Sometimes, the greatest joys are not found in promotions, pay raises, or professional achievements, but in the quiet routines and meaningful connections. Now, career coach Simon Ingari has shared a story on X, which echoes a similar sentiment.

5 hours ago

Meta tells 7,000 employees in memo: "You have been identified..."

Meta is making big changes. Thousands of employees are moving to new AI teams. This is part of a major company-wide AI focus. CEO Mark Zuckerberg wants to strengthen Meta's AI position. Some workers are calling it an 'AI draft'. The company is also developing new AI tools. This restructuring shows Meta's growing commitment to artificial intelligence.

6 hours ago

Oracle to complete 30,000 job cuts by June 15: Reason, which teams impacted the most, severance agreements

The company is expected to complete the departure of approximately 30,000 workers, representing around 18% of its global workforce. What makes the layoffs unusual is that they are unfolding during a period of strong financial performance rather than corporate distress, as per a report.

11 hours ago

Nvidia salary shock: Engineers earn up to Rs 4.7 crore as AI boom creates millionaire employees

Nvidia is aggressively competing for AI talent, with top engineering roles now offering base salaries up to ₹4.7 crore. This significant compensation, alongside substantial stock-based wealth, highlights the company's position as a top global tech employer. The AI boom has transformed many employees into millionaires, especially long-term staff benefiting from equity growth.

11 hours ago

Meat producer Danish Crown to shed 800 white-collar jobs

Denmark's biggest meat producer and exporter predicted savings of around 500 million crowns ($77.9 million). Based on ⁠workforce at ‌September 2025, the job cuts correspond to around ⁠6% of overall staff.

1 day ago

Indian workers take less leave than APAC peers, says Report

While leave is available, Indian workers appear more cautious in how they use it, with time off often taken in smaller increments rather than as extended vacations, revealed a report by HR and payroll company Deel. The report is based on inputs from over 4,500 full-time workers on Deel APAC platform in 2025. It further revealed that the median leave taken by Indian workers in 2025 was 12 days.

1 day ago

India Inc elevates more she-suite execs into million-dollar club

Nine women leaders are now part of the elite club of CXOs earning over a million dollars, up from seven two years ago, according to an analysis shared exclusively with TOI by global executive search firm EMA Partners. A majority of the women CXOs in the million-dollar club are from domestic companies with the largest representation from the pharmaceuticals and consumer sectors, the data showed.

1 day ago

ILO starts final talks on employment standards for gig workers

A central sticking point is whether protections ‌such as ⁠the minimum wage ⁠and benefits such as healthcare, sick leave and social security should apply to all workers on ​these platforms, or depend on whether they are employees or self-employed. The talks will also address ​transparency in automated management, including how algorithmic systems determine pay, allocate work and assess performance.

01 Jun 2026

Hybrid work to dominate, but 'intentional' office days will define careers: Report

Employees who treat in-office days as opportunities for collaboration and visibility are likely to see faster career progression, while organizations that decentralize policies to managers will win on both flexibility and performance. According to ACCA's latest report, hybrid work remains the clear preference both globally and in India. Similar to 2025, 75% of respondents globally and 79% in India prefer hybrid work over fully remote or fully office-based models.

01 Jun 2026

Godrej starts wealth management business

Godrej Industries Group has unveiled its new wealth management venture, Godrej Wealth, aiming for a substantial Rs 1,00,000 crore in assets under management by 2031. This expansion into financial services targets affluent clients with investable assets of Rs 2 crore and above, offering comprehensive services including succession planning and global investments.

57 minutes ago

Kotak prods India Inc to start investing again

Billionaire Uday Kotak urged Indian businesses to invest in the future, highlighting a global lag in AI technology. He cited Google's massive $80 billion AI infrastructure investment, noting its scale dwarfs India's entire listed market. Kotak called this a wake-up call for companies to prioritize future growth, especially after the IPL season concludes, emphasizing the 'business of business'.

1 hour ago

India slips to seventh in global market capitalisation ranking

India has dropped to seventh in global stock market valuation, overtaken by South Korea and Taiwan. This decline, attributed to sustained foreign fund selling and muted corporate earnings, contrasts with the AI chip leadership of South Korean and Taiwanese firms. Despite a recent Sensex uptick driven by domestic buying, foreign investors remain net sellers, impacting India's market cap.

1 hour ago

India, UK to narrow gaps to roll out trade deal

India and the UK are working to resolve outstanding issues, including steel quotas and duties, to expedite the implementation of their bilateral trade agreement. Discussions between Commerce Minister Piyush Goyal and UK Secretary of State Peter Kyle focused on overcoming these sticking points to advance economic engagement and strengthen the partnership.

1 hour ago

Government plans new indices to track informal mfg, services

The government is developing new indices to measure industrial and service sector production in India's vast informal economy. These will draw from extensive surveys to provide a clearer picture of the unorganized sector, moving beyond proxy methods that distorted data, especially post-pandemic. The new metrics aim to improve policymaking for millions reliant on this sector.

1 hour ago

Citi: India's AI advantage needs better articulation

Citi's Vis Raghavan notes muted FDI in India due to energy dependency and AI uncertainty, despite strong domestic sentiment. He highlights the need for India to articulate its AI-driven global economy position, emphasizing its cost advantage in compute and potential as a global AI hub.

1 hour ago

IPO plans: Oyo gets nod, Coke eyes listing of bottler's parent

Despite challenging global markets, several major Indian companies are pushing ahead with IPO plans. Oyo's parent, Prism, received regulatory approval for a Rs 6,650 crore offering. Coca-Cola is also exploring a $1 billion listing for its Indian bottling arm, Hindustan Coca-Cola Holdings, in 2027. Other notable firms like Zepto and Manipal Hospitals are also preparing to go public.

1 hour ago

High costs dampen summer for beverage companies

Companies are facing rising costs for both cans and glass bottles this summer, impacting beer and soft drink manufacturers. Supply disruptions from West Asia for aluminium cans and increased LPG costs have led to price hikes of 15-20% for packaging. Distributors anticipate a Rs 10 price increase for 300 ml Diet Coke cans.

1 hour ago

Producer price index, revised wholesale price index set to come on June 15

India is set to introduce a Producer Price Index (PPI) on June 15, alongside a revised Wholesale Price Index (WPI). The government plans to phase out WPI within five years, adopting PPI as the primary measure for factory gate inflation. This move aligns India with global standards, offering a more comprehensive inflation metric.

1 hour ago

Wealth Co enters pact with NSE for EGR

1 hour ago