News Updates

May 27, 2022 / Business News, GWFM NEWS, Industry Trends, Workforce Management

BBC to axe 1,000 jobs in digital transformation

London: The BBC is to axe 1,000 jobs and scrap some broadcast channels in traditional form as it prioritises digital...
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May 27, 2022 / Business News, Economy, GWFM NEWS, WFM Trends, Workforce Management

62% Gen Z, 51% Millennials may leave jobs if forced to work from office: Survey

Highlights   There is a significant disconnect between management and employees on what it takes to retain workers in the...
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May 27, 2022 / Business News, Economy, GWFM NEWS, Industry Trends, Workforce Management

Contract employee costs surge for IT services cost

BENGALURU: As demand for IT services accelerated during the pandemic, Indian IT firms went shopping for subcontractors globally to bridge...
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May 26, 2022 / Business News, Economy, GWFM NEWS, Industry Trends, WFM Trends, Workforce Management

Investing in skills of future can add $8.3 trillion to global economy: World Economic Forum (WEF)

Investing broadly in the skills of the future for both today's and tomorrow's next- generation workforce could add USD 8.3...
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May 26, 2022 / Business News, Economy, GWFM NEWS, WFM Trends, Workforce Management

EY and IBM expand alliance to help organisations address talent challenges

EY and IBM have announced an alliance expansion through a new initiative to help businesses around the world address some...
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May 26, 2022 / Business News, Economy, GWFM NEWS, Workforce Management

Global Markets Stumble On Recession Fears, Rising Inflation

London:  European and Asian markets took a beating Thursday after Wall Street suffered one of its worst batterings in two...
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May 25, 2022 / Business News, Economy, GWFM NEWS, Workforce Management

PwC Chair says the ‘war for talent’ could last another decade. Why he’s never seen a more challenging time for CEOs.

Tim Ryan, the US chair of the accounting firm PricewaterhouseCoopers, believes the landscape for US companies isn't as treacherous as...
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May 24, 2022 / Business News, Economy, GWFM NEWS, Industry Trends, Workforce Management

PwC Is Making A $2.4 Billion Investment In Its Employees’ Well-Beings

PwC is making a big contribution to Mental Health Awareness Month with a massive $2.4 billion investment dedicated to improving...
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May 19, 2022 / Business News, GWFM NEWS, Workforce Management

Good times for techies! TCS, Infosys, HCL among others poised to boost pay to retain talent

Indian information technology (IT) companies’ employee spending has climbed to an all-time high as salaries soared in their effort to...
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May 19, 2022 / Business News, GWFM NEWS, Workforce Management

HCL Tech plans to double headcount in nearshore locations in next 3-5 yrs: CEO

IT major, HCL Tech expects the headcount to double over the next 3-5 years in nearshore locations. The company's CEO...
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