Showing posts from January, 2023Show all

Why is Apple an outlier amid mass layoffs by Big Tech companies

Why is Apple an outlier amid mass layoffs by Big Tech companies Wedbush tech analyst Dan Ives said that Apple CEO Tim Cook, who has taken a hefty salary cut by more than 40 per cent in 2023, didn't overhire during the pandemic, reported Yahoo Finance. Cook has already taken a huge pay cut of $35 million, or more…

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Pre-Budget: Jobs remain elusive, quality jobs even more so

Pre-Budget: Jobs remain elusive, quality jobs even more so As the economy slowly picks up after the pandemic-induced business meltdown, jobs are trickling into the market but their quality is often patchy, as most of them are in the informal sector. At the same time with population growth and more new entrants joini…

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Formal jobs rise in November

Formal jobs rise in November As per the provisional payroll data released by the ministry of statistics and programme implementation , net new subscriber addition under EPFO was 25.6% higher at 1.62 million in November against 1.29 million in October.

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Companies step up campus hiring of women

Companies step up campus hiring of women Catching them early will not only help groom female talent and build a future pipeline, but also give the companies access to a larger, fresh pool of candidates to bring in out-of-the-box thinking and promote a more inclusive and innovative workplace culture, say industry exe…

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Campus blues: mass layoffs put IITians on edge

Campus blues: mass layoffs put IITians on edge Microsoft, Amazon, Google and Goldman Sachs have operations in India and also are regular recruiters at top Indian campuses including IITs. This year, both Microsoft and Amazon are hiring fewer numbers from the campuses, according to multiple placement sources.

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Tech layoffs shock young workers, but not older ones

Tech layoffs shock young workers, but not older ones Tech’s generational divide is representative of a broader phenomenon. The year someone is born has a big influence on views about work and money. Early personal experiences strongly determine a person’s appetite for financial risk, according to a 2011 study by eco…

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