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Strategy News
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SAIL to optimise workforce at RSP
- Steel Authority of India (SAIL) has directed its Rourkela Steel Plant (RSP) to develop a five-year strategic workforce roadmap (SWR) for the period for 2025-26.
- RSP aims to cut the workforce strength by 5,000 to 6,000 employees, in an effort to become lean and achieve more cost efficiency.
- SAIL has identified high labour costs as a critical issue, accounting for over 11% of total expenses, and plans to improve labour productivity.
- RSP may introduce another voluntary retirement scheme (VRS) to further reduce staff, following the last VRS offered in 2019.
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Rockpapershotgun
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Make your complaints heard about bad games, says Dragon Age veteran Mark Darrah, but "your $70 doesn't buy you cruelty"
- Dragon Age veteran Mark Darrah addresses the issue of harassment and toxicity towards game developers.
- Darrah emphasizes that expressing anger and complaints about a game is valid, but personal attacks and cruelty are not acceptable.
- He highlights the complexity of game development and the various factors that can contribute to perceived issues with quality.
- Darrah urges players to provide feedback to the game companies in a constructive and specific manner, rather than attacking individual developers.
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HRKatha
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Bahrain introduces new six-month work permits
- Bahrain’s Labour Market Regulatory Authority (LMRA) has introduced a six-month commercial work permit to enhance workforce flexibility.
- The permit allows businesses to hire expatriate workers already residing in the country, providing an alternative to the existing one- and two-year permits.
- The new permit is particularly beneficial for small and medium enterprises (SMEs) and startups, promoting financial sustainability and workforce stability.
- The initiative aims to reduce recruitment risks and operational costs, leading to more informed hiring decisions and improved operational efficiency.
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HRKatha
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UnitedHealth offers buyouts to avoid layoffs
- UnitedHealthcare, the insurance unit of UnitedHealth Group, is offering voluntary buyouts to employees in its benefits operations division.
- Employees have until March 3 to accept the buyout offer.
- The company aims to meet a resignation quota through the buyouts to avoid layoffs.
- If the target is not reached, layoffs will follow, focusing on the benefits operations unit responsible for customer service, claims processing, insurance benefits management, and enrolment.
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Mass layoffs hit U.S. health agencies; sparks outrage & legal battles
- Thousands of probationary workers at the United States’ top health agencies were terminated starting February 13, with the cuts extending into the Valentine’s Day weekend.
- The CDC alone terminated 1,300 probationary staff, who were given four weeks of administrative leave.
- The mass firings prompted immediate backlash, with former Biden administration HHS leaders criticising the dismissals and affected employees raising concerns about the lack of clear communication surrounding the terminations.
- Legal challenges to the firings quickly emerged, with lawsuits being filed against the administration for unfair targeting of probationary workers and circumvention of civil service protections.
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Bitcoinist
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Strategy Sits Tight On 478K Bitcoin—No New Purchases In Last 7 Days
- Strategy (formerly MicroStrategy) did not purchase new Bitcoins last week, maintaining holdings at 478,740.
- The company noted zero investments in class A common stock between February 10th and 14th.
- Strategy has slowed its Bitcoin-buying spree after no new interests.
- As of February 17, Strategy owns 478,470 Bitcoins purchased at an average market price of $65,033 per token.
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HRKatha
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Cisco and Rockwell Automation to equip next gen with digital skills
- Cisco and Rockwell Automation have launched the 'Digital Skills for Industry' programme to address India's manufacturing skills gap.
- The programme aims to boost digital literacy, attract talent to the manufacturing sector, enhance workforce productivity, and accelerate career growth.
- The partnership includes initiatives such as the Cisco Networking Academy, which has trained over 2.2 million students in India on emerging technologies.
- Rockwell Automation offers training solutions to help develop industry-relevant skills and prepare the manufacturing workforce for the future of smart manufacturing.
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Nordicapis
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Why System Integrators and VARs Need API Expertise in 2025
- APIs are crucial for system integrators and value-added resellers (VARs) to connect different components and bring value to their customers.
- System integrators design systems using a mix of software, hardware, networking, and storage from various vendors, connecting them to work together efficiently.
- Value-added resellers (VARs) enhance third-party tools and resources before reselling them, providing consultation and maintenance services.
- While VARs focus on reselling software and hardware, system integrators focus on designing tools to make systems work, with both utilizing APIs.
- System integrators like Azumo use APIs for API-first design, microservices, and containerization to help clients with DevOps and product delivery.
- Azumo's work with Angle Health showcases using APIs for React website development and backend systems to ensure data privacy compliance.
- System integrators can use APIs to automate compliance processes based on location detection and efficiently handle data transmissions to multiple locations.
- Workato, an integration-platform-as-a-service provider, exemplifies how system integrators can connect platforms like Salesforce and Marketo using APIs for streamlined processes.
- Intelligent use of APIs by system integrators and VARs can lead to task automation, improved communication between tools, enhanced customer service, and faster product launches.
- Pairing APIs with proper security measures like customer identity and access management (CIAM) is essential for efficient, secure, and user-friendly system integrations and VAR services.
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HRKatha
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How KenStar built its people-first empire
- KenStar, a consumer-appliances company, built its empire by prioritizing its people and workplace culture.
- They conducted internal engagement surveys to understand employee feedback, leading to targeted actions.
- KenStar implemented an HR Brand Ambassador program and quarterly town halls to enhance communication and address concerns.
- The company also focused on employee well-being, leadership development, digitalization of HR processes, and personal recognition.
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HRKatha
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10.2% salary hike projected for Indian automotive/vehicle manufacturing sector in 2025
- India's automotive/vehicle manufacturing sector is projected to have the highest salary increment of 10.2% in 2025.
- The technology consulting and services sector is projected to have the lowest salary increment at 7.7%.
- About 57% of companies in India plan to maintain their headcount, while 37% plan to increase their workforce by 10-30%.
- The AON Salary Increase and Turnover Survey 2024-25 for India reveals that the country's overall salary increase in 2025 is expected to be 9.2%.
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HRKatha
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Havells appoints Dipesh Shah as CTO & president, Havells CRI
- Dipesh Shah has been appointed as the chief technology officer (CTO) and president of Havells Centre for Research & Innovation (CRI), India.
- Havells aims to accelerate its R&D investments and reinforce its position as a consumer-centric, technology-driven brand.
- Dipesh Shah brings almost 32 years of experience in embedded system software, wireless communications, and on-device AI.
- Havells' CRI centres will focus on developing high-performance, smart, and sustainable solutions tailored for consumers in India and beyond.
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HRKatha
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Sukamal Banerjee is now executive director & CEO, Cyient
- Sukamal Banerjee has been appointed as the executive director and CEO of Cyient.
- He will lead the digitial, engineering and technology (DET) business of the company.
- Banerjee has over 30 years of experience and previously served as the CEO of Xoriant.
- His expertise in establishing and growing business lines will contribute to the accelerated growth of Cyient.
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HRKatha
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MP HC directs state to grant pending pay upgrade; imposes penalty
- The Madhya Pradesh High Court has ordered the state government to provide a third pay upgrade and pension benefits to a retired commercial tax department official within two months.
- The court also imposed a penalty of Rs 50,000 on the state for mishandling the case.
- The ruling came after the court heard a petition filed by Mahesh Chandra Tiwari, a retired official from Bhopal.
- This ruling offers relief for the petitioner but also highlights ongoing issues surrounding pay upgrades and administrative clarity in public-sector employment.
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TronWeekly
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Strategy Eyes $2B Convertible Notes to Bolster Bitcoin Holdings
- Strategy plans to privately offer $2 billion in 0% convertible senior notes due 2030.
- Proceeds from the offering will be used for Bitcoin acquisitions and corporate growth.
- The offering specifically targets qualified institutional buyers under Rule 144A.
- Strategy aims to strengthen its position in the market and expand its digital asset holdings.
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Pcgamer
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Civilization 6 still has more daily Steam players than Civilization 7
- The just-released Civilization 7 has not consistently surpassed the daily Steam player count of its older siblings, Civ 5 and Civ 6.
- Civ 5 and Civ 6 have reached higher peak concurrent player counts on Steam compared to Civ 7.
- On the Steam's top concurrents chart, which shows the games with the most players, Civ 7 is not always the winner among the three.
- Civ 7 has been met with mixed reception, with criticism towards its thinner gameplay, simplified systems, and UI.
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