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Infosys faces backlash after 350 freshers are laid off for 'failing tests'

Labour rights group NITES announced plans to file a formal complaint with the Ministry of Labour and Employment against Infosys

Infosys faces backlash after 350 freshers are laid off for 'failing tests'
Updated On : 07 Feb 2025 | 2:56 PM IST

TCS cuts quarterly variable pay for senior staff despite return to office

This marks the second consecutive variable pay cut at TCS for senior employees despite adherence to the work-from-office directive

TCS cuts quarterly variable pay for senior staff despite return to office
Updated On : 06 Feb 2025 | 4:26 PM IST

US-based Cognizant sees headcount decline by 10,700 to 336,800 in Q4

Cognizant results: The US IT giant, that follows a Jan-Dec financial year, reported $19.7 billion in revenue at the end of 2024

US-based Cognizant sees headcount decline by 10,700 to 336,800 in Q4
Updated On : 06 Feb 2025 | 1:22 PM IST

IT sector to witness 15-20% growth in job opportunities in 2025: Report

The IT sector, which is on the path of recovery, is expected to witness 15-20 per cent growth in job opportunities across various industries in 2025, talent solutions company NLB Services said on Monday. The IT industry has gained back momentum in H2 2024 and is gearing up for a promising 2025 on multiple fronts, said NLB Services. In the coming year, fresher hiring in the Indian IT sector is poised for significant growth, with an anticipated increase of 15-20 per cent in job opportunities across various industries, it added. At the same time, the demand for highly specialised tech roles, including artificial intelligence, machine learning (ML), data analytics, and cloud technologies, is expected to surge by 30-35 per cent, driven by the increasing reliance on emerging technologies, it said. This surge in demand is not limited to hiring but extends to a strategic focus on tech upskilling, with companies investing heavily in training initiatives to equip their workforce with the ...

IT sector to witness 15-20% growth in job opportunities in 2025: Report
Updated On : 09 Dec 2024 | 5:56 PM IST

Infosys boosts headcount by 2,456 in Q2, reversing earlier staff cuts

Infosys CFO said that the company intended to hire 15,000 to 20,000 employees in FY25

Infosys boosts headcount by 2,456 in Q2, reversing earlier staff cuts
Updated On : 17 Oct 2024 | 5:44 PM IST

Wipro announces 8% salary hikes for top performing employees in 2024

Wipro's salary this year improves upon the average 6% hike given to top performers at the IT firm last year

Wipro announces 8% salary hikes for top performing employees in 2024
Updated On : 17 Sep 2024 | 1:48 PM IST

More people want to switch jobs now than in 'Great Resignation': PwC survey

According to the consultancy's '2024 Hopes and Fears' survey, 28 per cent of workers said they are 'extremely or very likely' to change their employers

More people want to switch jobs now than in 'Great Resignation': PwC survey
Updated On : 25 Jun 2024 | 2:23 PM IST

Future beyond software: How can India bring next wave of lucrative jobs?

Policymakers in New Delhi have their sight on China's factory-to-the-world crown. They are spending $24 billion over five years on production-linked incentives

Future beyond software: How can India bring next wave of lucrative jobs?
Updated On : 24 Jun 2024 | 7:28 AM IST

Fresher hiring in India's IT sector tumbles to two-decade low: Xpheno

HR analysts and college placements offices that Business Standard spoke to said fresher hiring by the top five IT firms has been the lowest in this financial year so far

Fresher hiring in India's IT sector tumbles to two-decade low: Xpheno
Updated On : 16 Jun 2024 | 10:32 PM IST

'Quiet firing': How to identify the layoff tactic of companies in India

It help firms cut costs by avoiding severance packages for resigning employees. Some 20,000 tech professionals in India may have lost jobs through 'silent' layoffs in 2023

'Quiet firing': How to identify the layoff tactic of companies in India
Updated On : 30 May 2024 | 8:08 PM IST

IT giants Cognizant and Capgemini hired 150,000 fewer employees in 2023

Cognizant and Capgemini collectively employ around 400,000 people in India

IT giants Cognizant and Capgemini hired 150,000 fewer employees in 2023
Updated On : 06 May 2024 | 2:33 PM IST

LTTS signs €45 mn deal to train European auto supplier Forvia's engineers

5-year partnership also involves Indian company providing engineering services to Forvia

LTTS signs €45 mn deal to train European auto supplier Forvia's engineers
Updated On : 02 May 2024 | 2:52 PM IST

92% recruiters expect new, replacement hiring in first half of 2024: Report

Indian white-collar job market is expected to witness optimistic hiring sentiments during the first half of this year, with 92 per cent of recruiters expecting either new or replacement hiring in the first six months of 2024, a survey said on Friday. Naukri's Hiring Outlook Survey is a bi-annual survey conducted amongst 1,200 recruiters and recruitment consultants across sectors pan-India. "Reflecting on our recent Hiring Outlook findings, it's encouraging to see that 92 per cent of recruiters remain optimistic about new and replacement hiring in the first half of 2024. Coupled with anticipation around hiring trends returning to normalcy, the overall hiring outlook, while calibrated, seems to be stable and balanced," Naukri.com Chief Business Officer Pawan Goyal said. The survey further showed that despite challenges in the IT sector, a majority of recruiters still anticipate that IT roles will dominate hiring activities. This is attributed to significant IT recruitment taking plac

92% recruiters expect new, replacement hiring in first half of 2024: Report
Updated On : 15 Mar 2024 | 6:51 PM IST

Woman asks for 45 LPA after 4 years of experience, CEO response goes viral

Vanshiv Technologies CEO's tweet went viral when a woman with four years of experience asked for 45 LPA. CEO says we'll have to apply for a loan to hire her

Woman asks for 45 LPA after 4 years of experience, CEO response goes viral
Updated On : 14 Mar 2024 | 3:28 PM IST

Indeed shares the top 10 jobs of 2024, check the complete list of jobs here

Job portal Indeed shared the list of top jobs of 2024. From mental health technician to human resources manager check the full list here

Indeed shares the top 10 jobs of 2024, check the complete list of jobs here
Updated On : 07 Feb 2024 | 5:40 PM IST

IIT-Kanpur sees 891 offers; Microsoft, RIL, Goldman among top recruiters

The recruiters span different sectors including consultancy, information technology (IT), software, infrastructure, electronics, and manufacturing among others

IIT-Kanpur sees 891 offers; Microsoft, RIL, Goldman among top recruiters
Updated On : 11 Dec 2023 | 8:28 PM IST

Small-town freshers learning new-age tech skills to crack IT sector jobs

More and more candidates are registering to learn these skills in hopes of finding better employment opportunities in an increasingly competitive job market

Small-town freshers learning new-age tech skills to crack IT sector jobs
Updated On : 29 Nov 2023 | 11:37 AM IST

Recruitment scam: IT company TCS fires 16 employees, bars 6 vendors

India's largest IT services company TCS on Sunday said it has fired 16 employees and barred six vendors in connection with a recruitment scam. Our investigation found 19 employees to be involved16 employees have been separated from the company for code of conduct violations, and three employees have been removed from the resource management function, the company said in a late evening statement. It also added that six vendors, their owners and affiliates have been debarred from doing any business with TCS. In late June, reports had surfaced of a recruitment scam at the largest software exporter, wherein vendors tasked with some functions were alleged to have indulged in malpractices in collusion with TCS staffers. The allegation came to light within weeks of K Krithivasan taking charge as the company's chief executive and was the first major challenge faced by him. The issue relates to breach of the company's code of conduct by certain employees and vendors supplying contractors,

Recruitment scam: IT company TCS fires 16 employees, bars 6 vendors
Updated On : 15 Oct 2023 | 11:36 PM IST

White-collar hiring declines 8.6% in Sep, amid a negative trend in sectors

White-collar hiring witnessed an 8.6 per cent annual decline in September, following a negative trend in sectors including IT, BPO or ITES and FMCG, a report said on Monday. On a month-on-month basis, however, there has been a growth of almost 6 per cent in job postings. In September, there were 2,835 white-collar job postings, down by 8.6 per cent compared to the same month last year when 3,103 jobs were posted, according to Naukri.com's monthly 'Naukri JobSpeak Index'. The Naukri JobSpeak is a monthly Index representing the state of the Indian job market and hiring activity based on new job listings and job-related searches by recruiters on the resume database of Naukri.com. The IT sector continued to face global headwinds and saw the hiring numbers dwindle in the last few months, the survey said, adding that BPO/ITES and FMCG also registered negative growth of 25 per cent and 23 per cent, respectively, in the period under review. "While the IT sector continues to stay impacted,

White-collar hiring declines 8.6% in Sep, amid a negative trend in sectors
Updated On : 09 Oct 2023 | 12:15 PM IST

LTTS to add 2000 employees to cater to rising software demand in vehicles

We focused on electric autonomous connected vehicles during the pandemic and within this, EV was the first area of focus where we invested in a set of labs, CEO of LTTS Amit Chadha added

LTTS to add 2000 employees to cater to rising software demand in vehicles
Updated On : 14 Sep 2023 | 11:06 AM IST