Growth in new orders and output enable factories to end 2022 on a strong note: Survey
Firms plan to go on a hiring spree; flag rising rates, weak demand as major concerns
IT sector expected to hire 100,000 freshers in FY23 to meet the rising demand
The ride-hailing firm said it has gained by hiring women techies in terms of improving quality and productivity
Consulting, finance, core and international trading companies take the lead in chasing talent
Engineers wary, given Musk's unpredictability; HR experts and campuses not so much
Ukraine war, funding cuts for start-ups, companies tightening spending among reasons for hiring decline
Plans engineering teams in India, japan Indonesia, and Brazil
Chinese short-form video platform TikTok said that it would add about 3,000 engineers in locations across the world, including the US.
Engineering and construction conglomerate Larsen & Toubro (L&T) on Monday said it has hired more than 3,000 fresh engineering trainees in the current financial year. The onboarding of over 3,000 graduate and postgraduate engineering trainees in the ongoing fiscal marks a more than three-fold rise as against 1,067 trainees last fiscal. The number of female engineers hired has more than quadrupled to 1,009 trainees in FY23 from 248 trainees in FY22, L&T said in a statement. "It is worth noting that 30 per cent of current batch of fresh engineers are women which is commendable given the fact that 75 per cent of the fresh engineers are hired from mechanical, civil and electrical streams where women candidates are less. "Currently, women employees comprise 7.6 per cent of the total workforce at L&T, and they have already successfully forayed into fields long considered to be male bastions," company's Executive Vice President & Head, Corporate Human Resource C Jayakumar .
The firm is expanding in regions such as India, North America, Latin America, Africa, and Southeast Asia and is also planning to acquire various companies in these markets
The gaming industry is likely to add one lakh new jobs by 2022-23, across domains, including programming, testing, animation and design, according to a report. The sector is likely to grow by 20-30 per cent and add one lakh direct and indirect new jobs by FY23, TeamLease Digital said in a report - Gaming: Tomorrow's Blockbuster. Currently, the sector directly employs about 50,000 people of which 30 per cent of the workforce are programmers and developers. Over the next year, the sector will add new jobs across domains like programming (game developers, unity developers), testing (games test engineering, QA lead), animation (animators), design (motion graphic designers, virtual reality designers), artist (VFX and concept artists) and other miscellaneous roles (content writers, gaming journalists, web analyst). From a salary perspective, the highest-paying profiles in the gaming industry include game producers (Rs 10 lakh per annum), game designers (Rs 6.5 LPA), software engineers (R
'Ups and downs' in global economy will not impact Indian industry for long, he says
Despite mass layoffs at tech firms -- from Meta and Twitter to Amazon and Shopee -- professionals are nonetheless still in demand as companies of all stripes look to develop digital capabilities. Hotspots of business activity and recruitment remain even as parts of the tech industry cool amid rising inflation and interest rates as well as the changing post-pandemic landscape, Channel News Asia on Wednesday cited analysts as saying. At Oversea-Chinese Banking Corporation (OCBC), one of the largest local banks in Singapore, some technology teams have doubled in size over the past two years, such as those in blockchain, artificial intelligence, and augmented reality. New hires came from a mix of backgrounds, including banks, tech companies, start-ups, and the government sector, said Praveen Raina, head of group operations and technology at OCBC. The bank announced in March that it was hiring 1,500 people in tech roles over the next three years in positions such as application develope
According to an official report, the company has made offers to hire people across India and global offices between November 2022 and March 2023
After Twitter and Meta, Amazon is planning to lay-off a big chunk of its workforce. Reports say that it would fire close to 10,000 employees. What led to this situation? And what's the road ahead?
With IT and business process management (BPM) sectors witnessing a slump in hiring in September due to margin pressures, a study has revealed that 51 per cent respondents believe that there would be an increase in hiring intent in the next six months. However, around one-third (34 per cent) respondents said there is going to be a decline in the hiring intent, while 15 per cent believe that it would be business as usual, according to the CIEL HR study. The study is based on an online survey of 10,00,000 employees working in top 50 IT/BPM companies operating in India. During the pandemic years, IT companies had hired massively to address the surge in demand driven by the wave of digital transformation across the globe, it noted. Now that the demand has subsided, the companies are 'rightsizing' again, it said. The study further revealed that the level of optimism in hiring intent was found higher among the respondents of smaller companies. On the other hand, the majority of responde
More than 3,000 Illinoisans currently work for TCS - including 1,100 who were hired within the last five years
The pause generally doesn't apply to teams working on future devices and long-term initiatives, but it affects some corporate functions and standard hardware and software engineering roles
Amazon has announced to freeze new hirings in its corporate workforce, with the global economy "in an uncertain place"