Page 20 - Jobs

Six states report fewer formal jobs for youth in Sept qtr, shows EPFO data

Experts attribute drop to large-scale of migration; young from these states stand to earn significantly more, post migration, than they do by staying back

Cryptocurrency exchange Bybit plans to cut 30% of workforce: CEO Ben Zhou

The layoffs are part of an ongoing reorganisation aimed at refocusing efforts, and reductions will be across the board

Day 1: IIT Guwahati bags highest foreign job offer of Rs 2.4 crore

A total of 25 offers with pay packages in excess of Rs one crore per annum were extended at the end of Session 1.1 on Day One of the recruitment process at IIT Madras

Placement offers at IITs in 2023 may not be as high as last year: Report

The highest packages at IITs for this year may come for domestic roles, unlike last year when international roles offered the highest salaries

Best of BS Opinion: Don't ignore Covid, Nepal's destiny, and more

Here is the best of Business Standard's opinion pieces for today

In coming global recession, job cuts won't mean mass layoffs: Report

This time around, workers have a better-than-usual shot at holding onto their jobs if recession arrives

Smart pickup in good jobs

The estimated 0.7 million additional jobs created by listed companies may easily more than offset the recent layoffs seen in tech companies

upGrad-backed Harappa launches in US, to upskill 55,000 managers in 3 yrs

Harappa founders cite huge scope as 82% Americans are likely to quit their jobs because of a bad manager, while 44% managers feel they are unprepared for their jobs

Binance to hire 8,000 people by 2023 end, says CEO Changpeng Zhao

Binance CEO Changpeng Zhao has stated that the company is targeting to hire 8,000 people by the end of the year

IITs likely to see less placement offers this year amid tech slump: Report

The impact on IITs is likely to be less severe than in other engineering colleges as the companies will continue to hire good talent and 'maintain a relationship with these premier tech colleges'

Job switches to fetch smaller salary hikes to tech talent, says report

The average salary hike on new jobs has fallen from 54 per cent in July and August to 45 per cent in September and 37 per cent in October

AWS launches second infrastructure region in India, to support 48,000 jobs

The construction and operation of the AWS Asia Pacific (Hyderabad) Region is also estimated to add approximately $7.6 billion (Rs 63,600 crore) to India's gross domestic product by 2030

Rajasthan govt to organise job fairs in every district: CM Ashok Gehlot

The official pointed out that with increasing investments by the private sector in the state, employment opportunities have increased in the state

Indian gaming to add 100,000 jobs in FY23, grow five-fold in 7 years: Study

Industry expected to attract Rs 780 crore in foreign investment, says TeamLease Digital report

Rajasthan the top beneficiary of EPFO-linked central job scheme

The government had launched ABRY to incentivise employers for creation of new jobs and restoration of retrenched workers during Covid-19

IT, BPM firms to see increase in hiring intent in next six months: Survey

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

The growing malaise of juniorisation

If young people are hired to do the job of experienced people, there will be fewer experienced, dependable, talented and resilient teams

Pandemic boom to layoff crisis: How big tech and startups got it wrong

The world's biggest tech firms, Alphabet and Microsoft have frozen hiring. Facebook parent Meta has laid off 11,000 employees. Watch the video to know what's behind this crisis.

Amid layoff season, TCS to create 1,200 new jobs in US by end of 2024

More than 3,000 Illinoisans currently work for TCS - including 1,100 who were hired within the last five years

Two-thirds of Indian knowledge workers likely to switch jobs in 2023: Study

A majority say they feel burned out and want better communication from their company's leaders