IIT-Madras has registered an increase in the pre-placement offers despite the ongoing health-crisis due to the coronavirus pandemic. The institute registered an increase from 170 offers last year to 182 offers in 2020. The first phase of placements to start from tomorrow. 17 companies participated virtually and made 140 Internship offers in the first day…
Category: Talent Ecosystem
Nearly 8000 IT professionals get jobs through ‘Karma Bhumi’ app in West Bengal: Official
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•An official of the state Information Technology department informed that nearly 8000 IT professionals have secured jobs after having to return to West Bengal from other places due to the pandemic. The “Karma Bhumi” app is developed by the state IT department for professionals who had returned from other places. They have to enlist themselves…
Bigbasket lost 80 percent of workforce within two days of lockdown, bounced back with resilience: CEO Hari Menon
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•BigBasket has registered a loss of 80% of its workforce within two days of the coronavirus induced lockdown in March, said CEO Hari Menon. However it bounced back with resilience and hired over 12,000 employees in sixteen days, he added. Speaking at an online session of “Isha Insight: The DNA of Success”, he said, “After…
ValueLabs opens new development center in Costa Rica, hire talent
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•ValueLabs, a global technology services provider, has opened a new development center at Plaza Real Cariari in San Jose, Costa Rica, to serve as a near-shore center for clients in the US and Canada. This development center will allow ValueLabs to expand their presence in Latin America and support strategic clients in Healthcare, Retail, HCM,…
Disney expands scope of layoffs to 32,000
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•IBM to lay off 10,000 employees to cut costs
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•HuffPost shuts down its India operations following the acquisition by Buzzfeed
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•HuffPost India, the Indian operation of the US-based digital media company, HuffPost, has shuttered its operations this week ( Tuesday, 24th Novembers 2020). A note on the now defunct website, reads – “As of November 24 HuffPost India will no longer be publishing content”. The news site has been in operation in India for around 6 years…
Clariant plans 1,000 job cuts amid divestments
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•Clariant, a sustainable and innovative specialty chemical company, has announced its plans to cut 1,000 positions in service and regional structures as part of its rightsizing program. “The Group plans to rightsize regional organizations and service units in order to avoid remnant cost, thereby reducing complexity and increasing agility post the expiration of transitory service…
Thyssenkrupp to cut 11,000 jobs after recording $6.5 bn net loss
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•German conglomerate, Thyssenkrupp plans to slash 11,000 jobs in total in the upcoming several years according to a statement by it on Thursday after reporting a 5.5 billion-euro deficit for the period that ended in September. The jobs cut will be twice as many jobs as expected last year as the company’s beleaguered steel business…
Burnout, job security and safety – key concerns among employees in the COVID pandemic: REPORT
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•The COVID-19 pandemic has stimulated a change in working practices, as a result, employees now show concerns for their mental health along with safety and stability. According to recent study, Hindsight 2020: COVID-19 Concerns into 2021, by The Workforce Institute at UKG – Burnout and concerns about job security and safety are weighing on workers. The…
Capgemini to hire qualified women from rural areas
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•Capgemini, French IT firm to bring educated women from rural areas into its workforce. The lessons from the coronavirus pandemic has led the firm to start hiring women from rural areas who are qualified but are unable to pursue career because of an inability to relocate as software engineers, according to a senior official. The…
AXA launches global program for the health and well-being of its employees
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•The aim of the program is to improve employee well-being by offering access to care and supporting the prevention of common health issuesAXA has announced the launch of a global program to improve the health and well-being of its 121,000 employees. This initiative is a new step in the implementation of AXA’s strategy to better…
Talview rolls out Next Generation Remote Hiring with Interview Intelligence on Microsoft Teams
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•Talview launches Next Generation remote hiring with interview intelligence on Microsoft Teams. Founded out of the Microsoft for Startups incubator, Talview has had a relationship with Microsoft since its inception in 2017. Since then, Talview has worked to achieve its mission of Instahiring — creating the fastest way to a happy hire. Getting one step…
Hinduja Global Solutions to hire 3,200 people
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•The BPO arm of the Hinduja Group, Hinduja Global Solutions is looking to hire 3,200 people in the second quarter of the current fiscal year. The recruitment plan follows the strong deal pipeline that the company sees across various segments. HGS Global Chief Financial Officer Srinivas Palakodeti stated – , “We expect to hire around…
Salesforce introduces upskilling program in India
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•Salesforce, the global leader in CRM, announced the launch of the #Journey2Salesforce program, a free online learning journey for non-Salesforce professionals in India to learn the skills to help them start their careers in the Salesforce ecosystem. This program leverages Trailhead, Salesforce’s free online learning platform, to empower individuals to learn in-demand skills and earn…