FinTech push: Infosys opens GIFT City centre for BFSI digital services; new hub to house over 1,000 employees in hybrid model – Times of India

FinTech push: Infosys opens GIFT City centre for BFSI digital services; new hub to house over 1,000 employees in hybrid model – Times of India

Infosys on Saturday announced the opening of its new development centre at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, marking a strategic expansion of its presence in India’s premier international financial hub. The Bengaluru-based IT major said the facility will support more than 1,000 employees in a hybrid working setup and serve as a…

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200+ global companies swear by the 4-day work week: Here’s why it’s a win-win for employers and employees – Times of India

200+ global companies swear by the 4-day work week: Here’s why it’s a win-win for employers and employees – Times of India

For a workforce that constantly worships burnout and applauds employees who routinely trade their sleep and sanity to hit those “numbers,” the four-day workweek is a dream come true. However, what if we told you that it’s not just employees but employers who are reaping the benefits too? Yes, you read that right. A recent…

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Otipy बंद! Cash Crunch, 300 Employees Fired, Vendors का Paisa अटका | Paisa Live

Otipy बंद! Cash Crunch, 300 Employees Fired, Vendors का Paisa अटका | Paisa Live

Otipy, Delhi NCR का popular fruits और grocery delivery app, अचानक cash crunch की वजह से बंद हो गया। लगभग 300 employees की छंटनी हुई और vendors के बकाया भुगतान भी अटके हैं। Quick commerce मॉडल शुरू करने में देरी ने भी इसका असर बढ़ाया। Funding के बावजूद कंपनी मुश्किलों में है।       …

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Centre approves 8.25% interest rate on employees’ provident fund deposits for FY 2024–25 – Times of India

Centre approves 8.25% interest rate on employees’ provident fund deposits for FY 2024–25 – Times of India

The central government has approved an interest rate of 8.25 per cent on Employees’ Provident Fund (EPF) deposits for the fiscal year 2024–25, an official confirmed to PTI on Saturday.This rate was recommended earlier this year by the Central Board of Trustees of the Employees’ Provident Fund Organisation (EPFO). The decision is expected to benefit…

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ESIC job creation rises 5.8% in March, adding 1.63 million employees, almost half under 25 – Times of India

ESIC job creation rises 5.8% in March, adding 1.63 million employees, almost half under 25 – Times of India

Formal employment under the Employees’ State Insurance Corporation (ESIC) surged in March, with new job creation increasing by 5.79%, reaching 1.63 million, up from 1.54 million in February, provisional payroll data released by the ministry of labour and employment on Friday said.The data also revealed a 33.9% rise in establishments joining the social security umbrella…

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Penn State proposes closing 7 campuses, affecting over 500 employees and thousands of students – Times of India

Penn State proposes closing 7 campuses, affecting over 500 employees and thousands of students – Times of India

Penn State University President Neeli Bendapudi. (Getty Images) Penn State University President Neeli Bendapudi has proposed the closure of seven commonwealth campuses, a move that could impact over 500 employees and more than 3,100 students.The proposal, revealed in internal records obtained by Spotlight PA, seeks to consolidate Penn State’s presence in Pennsylvania, citing sustained enrollment…

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Amazon revamps pay structure: What it means for ‘high-performing’ tech employees – Times of India

Amazon revamps pay structure: What it means for ‘high-performing’ tech employees – Times of India

Amazon is changing how it pays employees, focusing more on consistent top performance over time rather than one-time achievements.The new pay structure aims to reward employees who consistently perform at a high level and to reduce bonuses for those with less consistent records.According to an Amazon spokesperson, the new framework “better distinguishes between newer high…

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Rising to the AI Challenge: Fiverr CEO Micha Kaufman issues ‘wake up call’ to employees – Times of India

Rising to the AI Challenge: Fiverr CEO Micha Kaufman issues ‘wake up call’ to employees – Times of India

Fiverr CEO Micha Kaufman issued a stark warning to his employees, asking them to either adapt to artificial intelligence or risk being replaced by it.The message, which has surfaced across media and tech workers, reads more like a dystopian forecast than a standard corporate update. Before the mail went viral internally, Kaufman himself realised the…

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Why 8 out of 10 employees will switch jobs for greener pastures next year – The Times of India

Why 8 out of 10 employees will switch jobs for greener pastures next year – The Times of India

The once-cemented definition of job loyalty is melting away in the heat of the current corporate world, thanks to the new and often termed “rebellious” Generation Z and millennials, who emphatically reject so-called corporate compromises. As these generations shape the modern workspace, they have placed personal well-being, professional growth, and long-term financial security at the…

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