Industry Trends

Even sick leave needs approval here: Indian techie shares three months' experience of moving from US to India on the same job, same company

Amazon techie Keyul Patel shared his experience of moving back to India after working for seven years in the US. For Patel, there has been no change of company, job, or title. He is doing exactly the same job in India that he was doing in the US. But it is the work culture that made all the difference. In a blog post, Patel compared the experiences in both countries and how the same company can function differently in two countries.

8 hours ago

India’s employee giving and volunteering opportunity pegged at Rs 1,850 crore, but participation remains low: Give Grants report

Only 22 percent of surveyed companies offer donation matching, while nearly half of structured employee-giving programmes record participation below 5 percent, highlighting an opportunity for HR to integrate social impact into the employee lifecycle.

8 hours ago

Coupang, its subsidiaries face $1.5 million fine for workplace violations

The labour ministry here said on Thursday it plans to fine e-commerce giant Coupang and its subsidiaries a combined 1.96 billion won ($1.5 million) for more than a hundred labour and workplace safety violations.

13 hours ago

UP to extend AI job-mapping platform in 18 divns

“The platform connects jobseekers with local vacancies and help industries find candidates matching their requirements. The expansion aims to bridge the gap between skill training and industry requirements by bringing trained candidates and employers onto a common digital platform,” UPSDM mission director Pulkit Khare said after signing a memorandum of understanding with One Step Foundation in this regard.

17 hours ago

Micron introduces quarterly employee bonus tied to profits

Chipmaker Micron said on Thursday it is introducing a new quarterly bonus scheme for employees worldwide linked to company profits, in response to Taiwan union demands for profit-sharing.

1 day ago

77% of MNCs plan to hire FDEs within a year, but 90% of engineers lack upskilling clarity: Report

Based on insights from 1,000 engineers and 200 enterprise decision-makers across India, the report found that 88 percent of enterprises expect demand for FDE capabilities by 2030. However, only 1 percent of engineers currently work in explicit FDE roles.

22 Oct 2026

Hours after laying off 1,000 and firing two top execs; Netflix Co-CEO Ted Sarandos tells analysts: I know that we could ...

Netflix recently laid off around 1,000 employees and replaced key leadership amidst declining revenue growth. Chief Content Officer Bela Bajaria was replaced by Peter Rice, who will also manage the film division. Netflix's third-quarter results revealed the slowest revenue increase in nearly three years, sparking concerns about their programming strategy. Co-CEO Ted Sarandos admitted the need for better execution in the US market.

22 Oct 2026

Comcast plans significant job cuts, Bloomberg News reports

Comcast Corp is planning a significant number of job cuts as part of a restructuring of its cable-TV, broadband and wireless businesses, Bloomberg News reported on Wednesday, citing people familiar with the plan.

22 Oct 2026

Job seekers end hunger strike against BSL after 12 days

The ongoing hunger strike by displaced persons against the management of Bokaro Steel Plant (BSL) demanding jobs ended on its 12thday on Wednesday.

22 Oct 2026

EBay to lay off 9% of workforce in push to simplify operations

The company had 12,300 employees at the end of last year. It also let go about 6% of its workforce, or 800 employees, in February as part of efforts to streamline operations.

22 Oct 2026

Jio Platforms' IPO becomes first public offer globally to cross 1 cr applications

12 hours ago

Crude rises, rupee falls & Dalal Street trips again

Among the major Asian market indices, Kospi in Korea closed 3.5% down, Hang Seng in Hong Kong closed 3% down, Nikkei in Japan was down 2.7% at the close while Shanghai Composite in China closed 1.5% lower. European markets too were mostly in the red in late trades with CAC 40 in France down 1.4%, DAX in Germany down 1.1% and FTSE 100 down 0.3%.

22 hours ago

Videos, the new gateway reshaping online retail

Social media platforms such as Instagram and YouTube had already made access easier than ever—people sat at their homes, browsed through videos, subscribing to influencer-led recommendations and buying products. Platforms took note of the shopping habit and launched their own video and live formats. Amazon, for instance, launched Live in 2022 while players such as Myntra and Meesho joined in after a couple of years or so.

22 hours ago

Jio IPO subscribed over 5x as institutions bid big

At the close of Day 2, the total demand for Jio shares was worth about Rs 3.7 lakh crore, including the anchor portion. On Thursday, the institutional (QIB) part of the IPO, in which a little over 4.9 crore shares were offered, was subscribed nearly 13.3 times, while the HNI portion, in which about 3.6 crore shares were reserved, was subscribed six times.

22 hours ago

Yes Bank Additional Tier 1 bondholders seek interest payment

The YES Bank AT1 Retail Bond Holders Association cited Companies Act and Sebi obligations in seeking an explanation for non-payment of the 9% bond coupon due Oct 18, three days after the Oct 15 court order restoring the bonds. It also demanded payment of coupons skipped in 2020-25 and arrangements for the forthcoming Dec 23 coupon on 9.5% bonds.

22 hours ago

eMudhra to exit global SSL/TLS business, shares tank

The company’s board decided to withdraw from the business after reviewing its commercial prospects and the scrutiny triggered by the incident. The global SSL/TLS business contributes about 1% of eMudhra’s revenue, but rising compliance requirements, increasing costs and competition from free certificate providers have reduced its potential returns, the company said.

22 hours ago

At €310 billion, Union minister Piyush Goyal eyes 10x rise in Indo-German trade

At the inauguration of the India Centre and Indo-German Business Forum in Berlin, Goyal said the FTA could be signed by Dec and implemented within four to five months. “We had 31.5 billion euros (in 2025) and (if) we were to be able to add a zero to that, make it 310 billion euros. How would that sound? Now, we can certainly make that happen,” he said, emphasising the need to draw up concrete plans to realise the ambition.

22 hours ago

PHP security flaws trigger global scramble; CERT-In flags vulnerabilities

Google Cloud executives Chris Betz, chief information security officer, and Raluca Ada Popa, head of Gemini Security at Google DeepMind, said PHP and cybersecurity firm Wiz Research disclosed the two vulnerabilities after research that used multiple AI models to identify and help remediate them. Google Cloud said its own infrastructure was not vulnerable, but warned that customers running PHP applications on the platform could be exposed

22 hours ago

India-UK Social Security Agreement: DCC limits double contributions; five-year rule explained

Historically, the two countries did not have a bilateral social security agreement as against the other European countries with whom India has a Social Security Agreement (SSA) i.e. Belgium, Germany, France, Switzerland, the Netherlands, Denmark, Finland, Luxembourg, Portugal and Sweden. Against this backdrop, social security became an important part of the broader India-UK economic trade discussions.

1 day ago

Barclays to slash 5,000 jobs by 2026-end as AI takes on bigger role in bank's operations

In a significant restructuring effort, Barclays is poised to cut about 5,000 jobs from its worldwide team by the year's conclusion. This initiative focuses on optimizing efficiency and increasing investment in innovative technologies, notably artificial intelligence. The reductions will largely target support functions, affecting numerous developers and operational staff. Following 1,000 closed roles, the anticipated cuts will drive Barclays' ongoing mission to enhance its services while reducing costs.

1 day ago