Category: Talent Ecosystem

Increase in Pre-Placement Offers in IIT-Madras despite COVID-19

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…

Bigbasket lost 80 percent of workforce within two days of lockdown, bounced back with resilience: CEO Hari Menon

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

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,…

IBM to lay off 10,000 employees to cut costs

International Business Machines Corp (IBM) is planning to lay off around 10,000 of its employees to cut down costs on its services units showing slow growth as it prepares to split off its traditional technological services business from the rest of the company

Clariant plans 1,000 job cuts amid divestments

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

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

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

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…

Talview rolls out Next Generation Remote Hiring with Interview Intelligence on Microsoft Teams

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

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

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…