White-Collar Hiring Outlook Remains Muted Amid Accelerating AI Adoption

White-Collar Hiring Outlook Remains Muted Amid Accelerating AI Adoption

TeamLease Services, a leading human resource firm, announced this week that white-collar hiring across India will likely remain subdued for several upcoming quarters as businesses recalibrate their workforce strategies in response to widespread artificial intelligence adoption. CFO Ramani Dathi confirmed that the current transition period is forcing companies to reassess their operational structures, leading to…

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TeamLease Faces Rs 184 Crore EPFO Notice Amid Allegations of Financial Mismanagement

TeamLease Faces Rs 184 Crore EPFO Notice Amid Allegations of Financial Mismanagement

Staffing giant TeamLease Services has received a formal notice from the Employees’ Provident Fund Organisation (EPFO) demanding Rs 184 crore, citing allegations of financial irregularities, including the misappropriation of reserves and reported losses. The notice, issued earlier this week, marks a significant escalation in regulatory scrutiny over the company’s handling of employee provident fund contributions…

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