Industry Trends

‘No sick leave, no personal leave’: Woman claims HR said every sick day means pay cut

A recent LinkedIn post has sparked debate after a woman shared her experience with a recruiter who described a "flexible" leave policy. The company allegedly stated that sick or personal leave would result in pay deductions, a claim that has drawn criticism online. Users expressed shock, calling the policy misleading and questioning its legality.

1 hour ago

The trust deficit at work: How ethical failures are driving employees to quit

A growing trust deficit is reshaping workplaces, with many employees questioning whether companies truly follow the values they promote. A Resume Now survey found that fears of retaliation, favouritism, and ethical inconsistencies are pushing workers toward silence and, increasingly, the exit door. The findings highlight how credibility, fairness, and psychological safety have become critical factors in employee retention.

5 hours ago

500 techies jobless as IT firm shuts Pune's Hinjewadi branch without notice; CEO detained

An intern working with the company lodged a complaint with the Hinjewadi police on Monday night accusing the company of cheating its employees, withholding salaries and misappropriating security deposits. The police registered a case under Sections 316 (criminal breach of trust) and 318 (cheating) of the Bharatiya Nyaya Sanhita (BNS) against the CEO, training and development head, and its HR head.

7 hours ago

India's diversity hiring up 21% in May: Report

The overall white-collar hiring moderated in May 2026, easing 4 per cent year-on-year and 6 per cent sequentially, the report from jobs platform foundit said. Women accounted for 56 per cent of all diversity-focused recruitment, while persons with disabilities (PwD) representation tripled over two years, growing to 12 per cent.

8 hours ago

‘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.

1 day 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.

1 day 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.

1 day 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.

1 day 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.

1 day 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.

02 Jun 2026

District economy data: Govt issues uniform framework for district GDP estimates with 2022-23 base year

The statistics ministry has released a uniform framework for district-level economic output estimates with a revised base year of 2022-23. This move aims to enhance consistency and comparability of economic data across all states and Union Territories. The guideline, incorporating stakeholder feedback, standardizes concepts, data sources, and methodologies for compiling Gross and Net District Domestic Product and per capita income.

19 minutes ago

Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment

The rupee weakened by 40 paise to 95.76 against the US dollar due to proposed US tariffs, rising crude oil prices, and foreign fund outflows. Escalating geopolitical tensions in West Asia also contributed to the decline, impacting investor sentiment. Market participants now await the Reserve Bank of India's policy decision for further cues.

47 minutes ago

India’s 500 GW clean energy goal could create 44 lakh jobs, says study

1 hour ago

India's economy shows resilience amid geopolitical uncertainty, says RBI deputy governor

India's economy is showing remarkable resilience amidst global challenges, driven by robust industrial and services sectors, strong demand, and improved corporate performance. RBI Deputy Governor Swaminathan highlighted the nation's strong macroeconomic footing, with inflation within limits and manageable external risks.

2 hours ago

Grid stability, large-scale integration of renewable energy discussed in Parl panel meet

2 hours ago

LPG sales down 19% year-on-year in May

2 hours ago

Coal gasification has saved Rs 28,000 crore in forex so far

2 hours ago

Planning to get your first loan or credit card? How lenders evaluate new-to-credit customers - explained

Not having any credit accounts is a big disadvantage when looking to access new credit. But what can help is your existing relationship with banks, particularly those that hold your salary or savings account.

2 hours ago

US stock markets today (June 3, 2026): Oil nears $100 amid Iran tensions, Wall Street stays close to record highs

US stocks saw a slight dip on Wednesday. Rising oil prices and tensions with Iran impacted the market. However, Wall Street stayed close to record levels. Investors are hopeful about the Strait of Hormuz reopening. Strong corporate earnings also provided support. Macy's and GameStop reported positive results. Palo Alto Networks saw a decline despite a profit beat.

3 hours ago

Ford recalls nearly 4.2 lakh vehicles over seat belt defect linked to injury risk

Ford is recalling nearly 4.2 lakh Expedition and Lincoln Navigator vehicles (2018-2022) in the US due to a seat belt defect. The issue can cause seat belts to lock unexpectedly, hindering retraction or extension, potentially leading to injuries in crashes. Ford will replace affected front seat belt retractors free of charge.

3 hours ago