Page 5 - Workforce

IT workers rally in Bengaluru to protest 14-hour workday proposal

The proposal was presented in a meeting called by the labour department with various stakeholders in the industry recently

'Say goodbye to 9-to-5 jobs': LinkedIn co-founder latest prediction on AI

LinkedIn co-founder Reid Hoffman forecasts a seismic shift in the workforce landscape, driven by the relentless advance of artificial intelligence

Here's why Singapore govt is making life tougher for global talent

The programme was announced in 2022 to assess an employment pass's complementarity with the local workforce

25% of new hires married women; nearly 70% of workforce ladies: Foxconn

Apple iPhone maker Foxconn has informed the government that 25 per cent of its new hires are married women and its safety protocol, which requires all employees to avoid wearing metal irrespective of gender or religion, is not discriminatory, sources said. In an informal note shared with the government after reports suggested it is not hiring married women, Foxconn stated that such stipulations are not part of its policy and these claims may have been made by those individuals who were not hired, sources said. They added that such media reports malign the fast-growing Indian manufacturing sector. Meanwhile, the Ministry of Labour and Employment on Wednesday sought a detailed report from the Tamil Nadu labour department on the issue of married women not being allowed to work at the Foxconn India Apple iPhone Plant, as reported by the media. "Foxconn had clarified that 25 per cent of the latest hires are married women. This would mean nearly one-third of the total women are married.

Gig workforce Vs formal employment: What’s the future?

With the demand for freelance jobs in India rising, a report says 83% of the respondents believe that going forward, the gig workforce will overshadow the traditional workforce. How feasible is it?

More women join workforce, but leadership gaps remain, shows study

The report, based on LinkedIn's economic graph data, offers insights into gender representation across industries and job functions in India

Tyson Foods denies accusations of hiring migrants over US citizens

The letters say that Tyson employs 42,000 foreign workers, making up more than one-third of its US workforce, and is involved in programs to recruit more

Fewer top women earners in British finance since pandemic, shows report

The lack of progression of women to the most senior roles in financial and professional services is a major factor contributing to the gender pay gap

India must create 115 mn jobs by 2030 as more people enter workforce: Study

"To achieve this herculean task, India's growth engine needs to fire on all cylinders, from manufacturing to services in the next five years," research note read

Cigniti Technologies acquisition will be game changer: Coforge CEO

The company has set a target of training 40 per cent of its workforce in GenAI skills in FY25

Flexi staffing industry grows 3.6% in December quarter of FY24: Report

The staffing industry grew 3.6 per cent in October-December 2023 as compared to the previous quarter, the Indian Staffing Federation (ISF) said on Monday. ISF, the apex industry body representing manpower outsourcing industry, released the Flexi Staffing Industry Employment growth report for Q3 FY2024 (October-December 2023). The staffing industry witnessed a 3.6 per cent growth in December quarter FY24 in comparison to July-September period, recording a robust demand for flexi (contract) workforce, ISF said in a statement. The staffing industry grew at 16.4 per cent year-on-year in the period January-December 2023. The rise in employment was particularly notable in key sectors such as e-commerce, retail, FMCG, logistics, manufacturing, hospitality, tourism, aviation, energy etc, it stated. The report highlighted that as of December 2023, the total formal flexi workforce employed by members of ISF reached 1.62 million. The reported figures for new flexi jobs by ISF represent the

Dell reduces workforce as part of broader cost cuts, limits external hiring

The layoffs come after sluggish demand for its personal computers for nearly two years partly contributed to a 11% drop in revenue in fourth-quarter earnings posted last month

Should we really work 70 hrs a week?

Digital guru & ex-IIMB prof, Dr. A.Damodaran deconstructs our work culture >

IndiGo to cut 10% workforce to control impact of Covid-19 pandemic

The airline with more than 50 percent market share is one of the largest job creators in the Indian aviation industry due to its size

China has its work cut out: India to be world's largest employer in 2100

Population to decline from a peak in 2048 to a 32% lower level by 2100: The Lancet

Co-living players eye corporate sector with hybrid accommodation models

Nexus Venture Partners-backed Zolostays is also coming up with custom-made properties for corporates

Unemployment rate falls to 5.8% in 2018-19 from over a four-decade high

The unemployment rate in 2017-18 had risen to 6.1%, compared to 2.2% in 2011-12, according to the results of the Periodic Labour Force Survey released by the National Statistical Office.

HCL Tech to hike workforce in Lucknow by 50% to 6,000 by March 2021

Firm currently serves 103 global clients from Lucknow centre, of which nearly 70% are US-based

Govt to frame job policy afresh; labour ministry begins talks with industry

The government had in 2018 formed an inter-ministerial committee to formulate a policy document on jobs and the VV Giri National Labour Institute was supposed to submit a draft to the labour ministry

Is India running out of time to cash in on its booming young workforce?

India isn't doing enough to revamp its education system to prepare the youth for better-paying, high-skilled jobs, going by a recent World Bank report