Earlier this year, Citi announced that it would cut around 3,500 jobs at its technology centres in China as part of a global effort to simplify and shrink global tech operations
Govt notifies stipend hike for apprentices, expands industry coverage under NIC 2008, promotes degree and virtual apprenticeships, and enhances inclusivity
Laura Loomer says US President Trump is considering stopping IT work from being outsourced to India; she adds this could bring call centre jobs back to the US
From IT hubs in Kolkata to manufacturing revivals in Uttarpara and mega power projects in Salboni, Bengal is wooing corporate giants to reverse migration and fuel economic growth
Youth unemployment stood at 13.8% in April while the overall jobless rate was 5.1%, with higher joblessness in urban areas, according to NSO's first monthly labour survey
India's global capability centre (GCC) workforce, which will reach 3 million by 2030, is likely to create four lakh jobs for freshers by 2030 and is expected to witness a 3-5 per cent improvement in gender diversity, HR investment platform FirstMeridian said. The GCC ecosystem in the country is growing rapidly, driven by a diverse talent pool, high digital literacy, cost advantages, and the involvement of many industries including IT, AI/ML, and data engineering, FirstMeridian Business Services CEO - IT Staffing, Sunil Nehra, said in a statement. He said as India becomes the preferred destination for GCCs, the market is expected to be worth USD 110 billion by 2030. This growth will lead to the creation of around 1.5 lakh jobs by 2026, with the GCC workforce projected to reach 3 million by 2030, and a significant portion of these jobs, around one lakh, will be entry-level positions for freshers, said Nehra. Women, he said, make up 40 per cent of the GCC workforce in India, and this
Coders/IT Consultants (30%) continue to dominate, but Data Analysts/Data Scientists have seen significant growth, now accounting for 15% of gig roles.
Union Minister Nirmala Sitharaman on Monday launched a dedicated mobile application for the Prime Minister Internship Scheme and urged more companies to join the programme. Also, the minister said she has appealed to MPs to encourage youth to join the scheme. The pilot project of the scheme targeted at providing 1.25 lakh internship opportunities to the youth during 2024-25 was launched on October 3, 2024. After launching the app in the national capital on Monday, Sitharaman, who is in charge of the Finance and Corporate Affairs ministries, said the scheme is aimed at getting youth from Tier II and III cities and help them to understand the skills that are required by the industry as well as the job availability. There is a shortage of people in terms of industry expectations and requirements and the scheme is aimed at bridging that gap, the minister said. Regarding the scheme, she emphasised that there is no compulsion on industry and no interference. The scheme is for a nationa
Indian employers continued to report strong hiring intentions globally in the second quarter of this calendar year, with a Net Employment Outlook (NEO) of 43 per cent, a survey said on Tuesday. India continues to lead the global Net Employment Outlook (43 per cent), exceeding the global average by 18 points for the second quarter of 2025, according to the latest ManpowerGroup Employment Outlook Survey. The ManpowerGroup Employment Outlook Survey is based on inputs from 40,413 employers across 42 countries, including 3,000 head hunters across different regions of India from January 2-31, 2025. The survey revealed that 55 per cent of employers intended to hire, 12 per cent foresee a decrease, 29 per cent do not expect any change in their workforce, and 4 per cent are unsure. Information Technology (55 per cent), Industrial and Materials (48 per cent), Health Care and Life Sciences (42 per cent), Transport and Logistics and Automotive (40 per cent) and Communication Services (38 per .
JioStar's post-merger layoffs began last month and are expected to continue until June 2025, to eliminate redundant roles across corporate departments
The plan comes at a time when multinational companies are increasingly setting up local offices, or global capability centres (GCCs), in India to support their daily operations
The increased interest in driver roles is attributed to the expansion of sectors like quick commerce, e-commerce, and logistics
The quick commerce industry hired about 40,000 workers last quarter to handle increased festive shopping and e-commerce demand
The report also identifies increased digital access, geopolitical tensions, and climate-mitigation efforts as key trends expected to shape the future of jobs in India by 2030
India's IT sector is said to add upto 2 million jobs by 2030, with technologies like Generative AI and Blockchain leading the charge, noted the report.
The number of small manufacturing businesses, mainly family- owned units such as garment makers, auto component makers and food processing enterprises, grew to 20.15 million
Congress MP Priyanka Gandhi Vadra on Monday attacked the BJP over levying GST on examination forms, saying the government had turned the dreams of parents who saved every penny to prepare their children for exams into a source of income. The Congress general secretary shared an examination form of the Kalyan Singh Super Speciality Cancer Institute, Sultanpur, that showed 18 per cent GST was being charged. "The BJP cannot provide jobs to youngsters but it is definitely rubbing salt on the wounds by charging 18 per cent GST on examination forms. GST is being charged on every government job form, including Agniveer," Priyanka Gandhi said in a post in Hindi on X. "After filling the form, if the paper is leaked due to the failure of the government or if there is corruption, then this money of the youngsters is wasted," she said. Parents sacrifice their lives and save every penny to educate their children and prepare them for the exams but the BJP government has turned their dreams into
Video most popular format for professionals to gain knowledge, it says
As festival season is about to begin, seasonal hiring is projected to surge by 20 per cent over last year, with the e-commerce industry leading the trend amid increased demand, according to the data by job site Indeed. The top gig roles that have been witnessing increased hiring are delivery executives, warehouse workers, logistics coordinators, in-store sales executives, and customer care executives, the data showed. Several industries are reporting a marked increase in demand for seasonal workers, with e-commerce leading the trend with a 35 per cent rise in demand, followed by logistics (15 per cent), retail (14 per cent), and quick commerce (11 per cent). "The festive season is a crucial period for businesses across India, and we're seeing a significant uptick in hiring for seasonal roles as companies prepare to meet heightened consumer demand. "The industries that are growing -- e-commerce, logistics, quick commerce -- are doing so because they're aligned with the needs and ...
Currently, India imports nearly 50 per cent of its component requirement (by value) from suppliers based out of China, Japan, and South Korea, among others