Jagriti Kumari

Jan 17, 2025 | peoplematters.in | Jagriti Kumari

BusinessThe latest job cut at BP will impact around 4,700 employees and 3,000 contractors. British energy giant BP has announced plans to reduce its global workforce by 5%, affecting around 4,700 employees and 3,000 contractors, as part of a cost-cutting initiative led by CEO Murray Auchincloss. In addition to reducing its workforce, BP is shifting parts of its operations from the UK and the US to Hungary, India, and Malaysia as part of its cost-saving strategy.

Jan 17, 2025 | peoplematters.in | Jagriti Kumari

Employee RelationsPrime Minister Narendra Modi has approved the establishment of the 8th Central Pay Commission, a year before the conclusion of the 7th Pay Commission’s term. Prime Minister Narendra Modi has approved the setup of the 8th Central Pay Commission, ensuring its recommendations are ready before the 7th Commission's term concludes in 2026.

Jan 16, 2025 | peoplematters.in | Jagriti Kumari

AppointmentsA Tata veteran Pranav Kumar has been appointed as the new CHRO of Tata Motors-Jamshedpur. Tata Motors-Jamshedpur announced the appointment of Pranav Kumar as Chief Human Resources Officer (CHRO). A Tata Group veteran, Pranav has been with the company since 2008, most recently leading HR operations for heavy commercial vehicles in Pune, overseeing 20,000+ employees and driving HR, employee relations (ER), skill development, and sustainability initiatives.

Jan 16, 2025 | peoplematters.in | Jagriti Kumari

BusinessWith priorities ranging from leveraging cutting-edge technologies like AI and ML to fostering employee well-being and redefining leadership, the HR agenda is transforming to build resilient, future-ready workplaces. According to the latest Gartner Survey, leader and manager development tops the priority list for the largest share of HR leaders in 2025 for the third consecutive year.

Jan 16, 2025 | peoplematters.in | Jagriti Kumari

BusinessIndia's startup ecosystem has emerged as a global powerhouse, becoming the world's third-largest with over 1.59 lakh startups and 16.6 lakh jobs created. With exponential growth in its startup sector, India is now the world’s third-largest startup ecosystem. The number of Department for Promotion of Industry and Internal Trade (DPIIT) -recognised startups has grown from around 500 in 2016 to an impressive 1,59,157 as of January 15.