A six-monthly survey conducted among recruiters by India’s biggest classifieds job site, Naukri.com, has showed a marked improvement in recruiter sentiments. The survey, which focuses on hiring predictions for the next six months, shows improvement in almost all areas compared to last year, including possibility of job creation, increment levels and so on. The biggest […]
Vodafone Idea, the company formed out of the merger of the former No.2 and No.3 telecom operators in India, said it will eliminate around 16,000 distributors, close over 2,000 branded stores in urban areas and slash the number of call centers by more than half. The moves are aimed at reducing operating costs and helping […]
Infosys said it will open a ‘Technology and Innovation Hub’ in the US state of Arizona and hire 1,000 American workers in the state by 2023. Infosys said it has hired 5,874 American workers in the last 16 months. Arizona center will focus on autonomous technologies, Internet of Things (IOT), full-stack engineering, data science and cyber security. […]
HCL SSHS, a joint venture between HCL Technologies and US-based State Street Corporation, said it plans to recruit over 1,000 graduates and post-graduates in commerce, accountancy and finance for its new office in Ganavaram, Vijayawada. The new office has been set up at Medha Tech Park and will be dedicated to finance-related processes such as Capital Markets […]
Even as the United Arab Emirates prepares to ship thousands of undocumented Indian workers home, numbers from the external affairs ministry reveal that a total of about 1.7 lakh Indians have been forced to leave the Gulf Cooperation Council countries alone since 2014. Another 30,000 have been forced to return from other countries, taking the […]
Tata Consultancy Services, the country’s largest private sector employer, said it plans to make some changes to its methodology used to hire fresh graduates from campuses from this year. Speaking to BTVI, HR head Ajoyendra Mukherjee said campus hiring for the next financial year (2019-20) will start in August or September. “More and more, even […]
Career Launcher, which runs a host of test-preparation services, has announced a unique service to help and guide applicants to Delhi University colleges. Upon registering on the firm’s website, “students are redirected to a panel of expert counselors, who will analyze the individual’s profile and the options available, to help in deciding the best combination […]
Tamil Nadu, West Bengal and Rajasthan are the three states that have been the biggest beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Scheme, which promises 100 days of manual labor to anyone who is interested. Tamil Nadu generated 126.04 cr days of work under the scheme in the last four years, accounting for […]
The central government has abandoned its plans to set up a national skills university as well as a draft bill that was prepared for this purpose, the ministry of development and entrepreneurship said. Development of vocation skills, such as carpentry, electrician and catering and so on, was one of the key areas of emphasis for […]
The number of people appearing for the Joint Entrance Exam for admission to centrally funded engineering colleges continues to fall, with the latest numbers showing a year-on-year decline of 3.3%. JEE 2018 saw only 11.35 lakh students appear for the exam, compared to the 11.86 lakh that appeared for JEE 2017. The Joint Entrance Exam […]
IT services provider Infosys Ltd said it has largely exhausted the possibility of improving its profit margins by increasing employee utilization levels and will focus on bringing down on-site employee numbers to boost margins. The company reported an employee utilization level of 84.9% for the three months ended December — an all-time record — compared […]
The total number of people employed by various undertakings and companies controlled by the central government has been showing a decline of 4%-5% per year in recent years. According to numbers from the ministry of heavy industry and public enterprises, the total number of personnel in central public sector enterprises fell by 4.2% in 2015-16 […]
NDTV said it has decided to fire up to 25% of its workforce over the next one month to focus more and more on its core news business. The fired employees are currently engaged with the company’s non-core operations. “As intimated earlier to the exchanges, NDTV Group had initiated a turnaround plan to bring down […]
TeamLease Services, one of India’s largest staffing companies, said it has agreed to acquire 40% of Schoolguru Eduserve Private Limited, an Online Learning company that works with 18 Universities. Established in 2012, Schoolguru provides services to Indian Universities to help them deliver online courses for their students. It targets open universities or those that have […]
The Maharashtra unit of Forum for IT Employees said 13 disputes over forced resignations and layoffs at IT organizations have been moved to the labor courts after failed mediation attempts by state labor authorities. 11 of the 13 cases were filed by employees of Tech Mahindra, and one each by those of Wipro and Vodafone, […]
The Forum for IT Employees, arguably the IT workers rights organization with the largest number of well-wishers and supporters, accused IT companies of using illegal and unethical means to force their workers to submit their resignations. In a meeting with Maharashtra Chief Minister Devendra Fadnavis, the organization accused the companies of using harassment techniques that […]
Infosys Chief Executive Officer Vishal Sikka said his company was not overwhelmed by the problem of automation and that it is trying to retrain its staff displaced by automation. Sikka was responding to a question on ‘what happened to the 11,000 employees’ displaced by automation at the sidelines of the World Economic Forum at Dalian […]
It’s become something of a fashion to complain about job losses in India’s big IT services firms. Companies like Infosys Ltd, Tata Consultancy Services, Wipro and Cognizant employ over a million people in the country, and have been letting go off tens of thousands this year as they grapple with slowing growth and changing business […]
Cognizant, one of the largest employers in India, said it will let go off some of its employees and shut down some of its facilities as part of its ongoing shift away from traditional outsourcing to ‘digital transformation work’. The company said it is ‘accelerating its shift’ to ‘high value, digital transformation’ work, “while continuing […]
Forum for IT Employees or FITE — an organization that claims to speak for ordinary IT workers — said a group of employees of Cognizant Technology Solutions will approach the office of Labour Commissioner of Chennai today. “Affected CTS employees file petition to the Labour Commissioner in Chennai,” the organization said in a communication to […]
