Showing posts from December, 2023Show all

Explainer: A primer on breach of contract, lawsuits

Explainer: A primer on breach of contract, lawsuits Wipro and Infosys are pursuing legal action against former executives joining Cognizant, raising questions on non-compete clauses' validity in India. While Wipro sued ex-SVP Mohd Haque and CFO Jatin Dalal, Infosys accused Cognizant of unethical hiring. Experts…

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Assam puts up advertisement for 14,223 school teacher posts

Assam puts up advertisement for 14,223 school teacher posts Provincialisation refers to the government taking over all liabilities of a non-government school, which was established with the sole purpose of imparting education to serve the society, for payment of salaries and other benefits to teachers, officials sa…

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Career Wrap: Terms that defined Work and the workplace in 2023

Career Wrap: Terms that defined Work and the workplace in 2023 In 2022, there was much talk about the Great Resignation and Quiet Quitting as individuals prepared for a return to office norms post-COVID. In 2023, which witnessed a blend of returning to the office, hybrid work schedules, and concurrent technological…

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Hiring at top companies remains on track in 2024

Hiring at top companies remains on track in 2024 At least half a dozen sectoral bigwigs are leading from the front in hiring in 2024. Top companies like L&T, Tata Steel, PepsiCo, Airtel, ITC, among others, told ET that their hiring plans are on track for the coming year mostly due to expansion of existing opera…

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White-collar hiring down 6 per cent in 2023

White-collar hiring down 6 per cent in 2023 Companies in several sectors tightened their hiring funnel amid global macroeconomic headwinds and prolonged geopolitical uncertainties even as sectors that have seen business growth in the last one year, including oil & gas, power, infrastructure, energy, BFSI, trave…

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CXOs much wanted; demand likely to exceed supply in 2024

CXOs much wanted; demand likely to exceed supply in 2024 Hiring action is mostly concentrated at the senior levels due to increased confidence in the economy, said experts. The entry and middle levels are not seeing much action due to the aftereffects of over-hiring in 2021 that are still being felt, they said.

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New job additions to the formal sector decline in October

New job additions to the formal sector decline in October The number of new subscribers to the Employees’ Provident Fund (EPF) Scheme declined for the third consecutive month to 772,084 in October compared with 926,934 in the previous month, recording its lowest level since the start of the year, according to preli…

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India outpaces other APAC nations in workplace flexibility

India outpaces other APAC nations in workplace flexibility The survey reached out to 7,721 employees in Asia Pacific (Australia, China, India and Singapore). Overall the global workforce view covers the views of 32,612 workers in 17 countries around the world, including over 8,613 working exclusively in the gig eco…

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Fresher hiring by IT cos likely to decline in FY24: Report

Fresher hiring by IT cos likely to decline in FY24: Report As major IT companies freeze fresher intake, alternate sectors are opening up demand. Other segments, including Global Capability Centers (GCCs) and non-tech sectors like banking, financial services and insurance (BFSI), communication, media and technology,…

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Less than half of India's new graduates are job-ready: Report

Less than half of India's new graduates are job-ready: Report The hiring landscape for engineering graduates is expected to fall short of pre-pandemic levels, with an estimated 1.6 lakh freshers finding employment, compared to the 2.3 lakh recruited in FY23. This decline is attributed to a shift in employer pre…

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Deloitte is looking to AI to help avoid mass layoffs in future

Deloitte is looking to AI to help avoid mass layoffs in future The moves come after Deloitte added 130,000 staffers this year. But in the midst of those hirings, though, the firm warned thousands of staffers in the US and UK that their jobs were at risk of becoming redundant after the company was forced to restruct…

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Wanted: Human resources to steer Artificial Intelligence

Wanted: Human resources to steer Artificial Intelligence The growing recognition of AI's transformative potential, and its role in giving a competitive edge, optimising operations, personalising customer experience and driving innovation, have led to a sharp rise in such mandates, say job search platforms and h…

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Wanted: Detectives to find and stop deepfakes

Wanted: Detectives to find and stop deepfakes A person leading a team of deepfake-busters should have certain abilities such as critical thinking and pattern recognition, says the COO at TeamLease Edtech. Developing a keen eye for inconsistencies and the ability to think critically are essential to identify subtle …

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