WORKFORCE MANAGEMENT
Quick commerce to hike festive workforce by up to 60%
Quick-commerce firms in India plan to increase temporary staff by up to 60% for the festive season. Redseer estimates quick commerce deliveries will double to 10% of total e-commerce. Flipkart, Amazon, Blinkit, Swiggy Instamart, and Zepto are preparing for Diwali. Around 80,000 to 100,000 workers will be hired. Tier 2 cities are also ramping up fast.
Experience will Trump youth in AI workplaces
AI's impact on the workforce appears to favor mid-career employees, automating simpler tasks and emphasizing managerial experience for optimal human-digital collaboration. Entry-level technical skills are most vulnerable to displacement, while experienced professionals are crucial for decision-making, process design, and AI training through mentorship. HR must adapt to prioritize strategic skills and experience, potentially reshaping entry-level positions.
From Wall Street to student street: How Nikkhil Mudgal is democratising global education finance
Nikkhil Mudgal, witnessing financial disparities, founded Lorien Finance to democratize global education. The New York-based fintech platform offers a full-stack ecosystem, integrating lending with essential support services like visa guidance and AI-powered counseling. Lorien has facilitated over $3 billion in lending, empowering students from underserved markets to pursue STEM and healthcare careers, fueling innovation and economic growth.
E-commerce marketplaces & quick commerce platforms reap gains from heavy monsoon rains
Heavy monsoon rains are boosting e-commerce in India. Online orders have increased as people stay indoors. BigBasket and Flipkart see order surges in cities like Mumbai and Delhi. Delivery partners earn more with weather incentives. Logistics providers like Zippee and Celcius are expanding to meet rising demand. Companies are compensating riders for delivering in difficult conditions.
Boss verbally attacks employee's parents during scolding: Worker calls it 'beyond toxic, disgusting'
A Bengaluru-based employee has shared a troubling workplace experience, alleging that their manager not only subjected them to constant scolding and humiliation but also questioned the integrity of their parents. The post, shared on Reddit, sparked discussions on toxic management practices, professional boundaries, and the challenges younger employees face in modern workplaces. Commenters emphasized documenting incidents, setting clear boundaries, and raising concerns with HR or senior leadership to maintain accountability.
ConocoPhillips says it will cut workforce by 20-25%, shares fall
ConocoPhillips, a major U.S. oil and gas producer, plans to reduce its workforce by 20-25% as part of a significant restructuring effort. CEO Ryan Lance cited rising costs, exceeding competitors by $2 per barrel, as a key driver. The cuts, impacting 2,600 to 3,250 employees, aim to streamline operations by 2026.
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Is AI killing jobs? Salesforce cuts 4,000 support roles as automation takes over
Salesforce job cuts 2025: Salesforce CEO Marc Benioff revealed a significant workforce shift driven by artificial intelligence. The company has reduced its customer support roles by 4,000 due to the implementation of its AI-powered 'Agentforce' platform. While some employees were laid off, many have been redeployed to other departments like sales and customer success.
Tokyo Electron to set up office in Dholera and Assam to aid semicon projects
Tokyo Electron, which makes equipment for semiconductor production, is looking to set up offices at Dholera in Gujarat and in Assam to support Tata Electronics' upcoming fab and assembly and test units, a senior executive at the Japanese company said.
Tokyo Electron to set up office in Dholera and Assam to aid semicon projects
Tokyo Electron plans to establish offices in Dholera, Gujarat, and Assam to support Tata Electronics' semiconductor initiatives. The Dholera office will accommodate 200-300 engineers, training facilities, and a parts warehouse. While focusing on R&D in software, AI, and robotics, the company envisions future manufacturing in India driven by automation.
Raamdeo Agrawal advocates for bold reforms in India amid US tariff challenges
Raamdeo Agrawal advocates for bold reforms by the government. He notes the current market dynamics of promoters selling and retail investors buying. Agrawal sees opportunities despite pricey valuations, advising investors to buy and hold for long-term growth. He cautions against the risks of investing in unlisted companies. He suggests a SIP approach for lump sum investments.
NIS Management shares list at 3% discount to IPO price on BSE SME platform
NIS Management, a Kolkata-based security and facility management services provider, debuted on the BSE SME platform at a discount of Rs 108 per share. The IPO, which aimed to raise Rs 60.01 crore, was subscribed 3.13 times, with strong interest from non-institutional investors.
Festive season: Quick commerce to ramp up temp workforce by 40–60%
Quick-commerce platforms are gearing up for a significant surge in demand this festive season, projecting a 40-60% increase in temporary workforce. This expansion aims to manage the expected doubling of quick commerce deliveries, potentially reaching 10% of the total e-commerce market.
Gen Z jobs crisis: Millions out of work, and it’s young men taking the biggest hit
Gen Z unemployment in the US 2025: Gen Z graduates, particularly men, are facing a challenging job market with rising unemployment. Data reveals that young men are disproportionately affected, with higher unemployment rates compared to women. The surge of AI is shrinking opportunities in tech and finance, sectors where men are heavily concentrated.
Labor Day 2025: What’s open and closed in New York on September 1 - grocery stores, banks, subway stations & more
The federal holiday celebrates the nation’s workforce and the achievements of the American labor movement. It also marks the symbolic close of summer, offering one last long weekend before the new school year begins.
IIFL Home Finance strengthens leadership team, Girsih Kousgi likely to take the top slot
IIFL Home Finance is bolstering its leadership team with the appointment of Ajay Sachdewa as group chief business officer and Aarti Marwaha Upadhyay as chief human resources officer. The company is also in the process of appointing Girish Kousgi as its new CEO, following Monu Ratra's resignation. These strategic moves aim to enhance business execution and strengthen customer engagement.
India's factory growth hits more than 17-year high in August, PMI shows
India's manufacturing sector saw rapid growth in August. Production increased due to strong demand. The HSBC India Manufacturing PMI reached a high point. New orders grew robustly, but export orders softened. Firms increased hiring, though at a slower pace. Inflationary pressures also increased. Business confidence improved despite U.S. tariffs.
Global players eye India's tech gaps as strategic opportunity to back country's chip manufacturing ambitions
Global players are eyeing India's semiconductor ecosystem, recognizing opportunities to support its chip manufacturing ambitions. Companies are increasing operations, localizing equipment manufacturing, and investing in R&D and workforce training. Semicon India 2025 will showcase this collaboration, with Delta Electronics among those leveraging their expertise to contribute to India's growing semiconductor industry.
Kerala records surge in skilled professionals returning from abroad: LinkedIn Report
A LinkedIn report has revealed significant return of skilled professionals to Kerala from UAE, Saudi Arabia and the UK. These people are seeking opportunities in IT, healthcare and business. Domestic migration from Karnataka and other regions is also bolstering Kerala's tech talent. The inflow and a growing talent pool is expected to shape Kerala's future polies.
Musk accuses SEC of overreach, seeks to end lawsuit over Twitter stake
The SEC sued the billionaire in January, saying his 11-day delay in revealing his initial 5% Twitter stake let him buy more than $500 million worth of shares at low prices, saving himself $150 million at unsuspecting investors' expense.
Measures soon to boost exports; Govt committed to shield industry from unilateral actions: Piyush Goyal
Commerce and Industry Minister Piyush Goyal announced upcoming measures to boost exports and domestic consumption, assuring support against unilateral tariffs, particularly the recent US imposition. The government is exploring alternative markets and anticipates the GST Council meeting will stimulate domestic manufacturing. Goyal emphasized India's self-reliance and determination to exceed last year's export figures, urging businesses to seize global opportunities.
Elon Musk seeks dismissal of SEC's lawsuit regarding his 2022 Twitter stake
Billionaire Elon Musk on Thursday filed a motion to dismiss the US Securities and Exchange Commission's civil lawsuit that accused him of waiting too long in 2022 to reveal his large stake in Twitter. An SEC rule requires investors to disclose within 10 calendar days when they cross a 5% ownership threshold, which would have been by March 24, 2022 in Musk's case.
2025 layoffs: List of companies cutting jobs worldwide and why it’s happening
Many big companies are cutting jobs in 2025. Tech, retail, finance, and energy firms are making layoffs as they try to save costs and adjust to new changes like AI and automation. While some roles are lost, new jobs in digital, data, and technology are also expected to grow in the coming years.
Big tariff trouble for India's garment factories as business plans go haywire just ahead of peak season
This has turned out to be precarious moment for the Indian garment industry as the implications of US tariffs extend far beyond financial figures. They touch the lives of countless workers who depend on the industry for their livelihoods, highlighting the fragile nature of global trade dynamics and their profound impact on local economies.
Google has cut 35% of managers overseeing small teams: Executive
Google has reduced 35% of its managers overseeing small teams to streamline operations and cut bureaucracy, according to CNBC. The move was confirmed at an internal meeting, where executives also addressed staff concerns about job security and voluntary exit programmes (VEPs). Around 3–5% of employees in select US teams have accepted VEPs.
Indian exporters call for help as tariffs finally hit home
As the situation unfolds, the collective voice of Indian exporters remains clear: urgent, effective action is needed to navigate these turbulent waters. The stakes are high, and the resilience of the Indian export sector hinges on the response from both the government and the RBI.
Premium two-wheelers poised to benefit from rural demand: Ajay Bagga
Two-wheelers, particularly premium motorcycles in rural India, remain strong despite flat passenger vehicle demand, with potential GST cuts as a trigger. In IT, AI hype hasn’t delivered immediate gains, hurting entry-level hiring. Analysts see opportunities in outsourcing and AI infrastructure support, while traditional IT firms face slower growth and market skepticism.
FEMA employees placed on leave over criticism of Trump administration
Several FEMA employees were placed on leave after signing the “Katrina Declaration,” a public letter expressing concerns over the leadership changes and budget cuts under the Trump administration. The letter cautioned that recent reforms could weaken disaster response during peak hurricane season and reverse critical post-Katrina protections.
Capgemini to acquire cloud services firm Cloud4C
Financial details of the deal have not been disclosed. The deal brings to the table immediate cross-selling opportunities across Capgemini clients. It is also expected to help the Capgemini Group to further develop industry-specific packaged frameworks, IP, and GenAI solutions for cloud management and seamless migrations.
As firms pivot, AI-led layoffs here to stay
Global layoffs in tech are accelerating as companies realign workforces for the AI era. In India, firms like TCS and Oracle are trimming jobs, with middle management and entry-level coding roles most vulnerable. Experts predict major restructuring by 2026, shifting demand from bulk hiring to specialised AI and data skills.
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