LinkedIn, a global professional networking platform launched new tools and resources to help unemployed professionals get back to work. These new additions come at a time when hiring in India continues to recover at a 12% year-on-year growth rate in August 2020, as per LinkedIn’s labour market data, but competition for jobs is 30% higher…
Amidst an unemployment crisis across the nation, online fashion store Myntra announced that it has hired about 5,000 employees for its supply chain and customer care department. The recent hiring at the ecommerce company is done to support its 12th edition of “End of Reason Sale”. It is also worth noting that this will be…
As job losses across industries have increased due to the coronavirus crisis, Delhi-based logistics SaaS platform, FarEye announced that it has expanded its manpower with remote hiring by over 12%. The recruitment is fuelled by the surge in usage of FarEye’s platform for delivering essential goods amid the lockdown. The company has successfully maintained and…
At a time when several start-ups continue to lay off employees to tide over the economic crisis created by the coronavirus pandemic, India grown messaging app Hike has said that it is open to hiring new employees. The homegrown unicorn founded by Kavin Bharti Mittal said that it is hiring for over 20 open positions…
The coronavirus pandemic has impacted several jobs globally with nearly 10mn people have filed for unemployment benefits in America alone. The pandemic has forced businesses to close operations and employees have been sent on furloughs for indefinite periods. The International Labour Organization has predicted that globally around 2.5mn jobs would be lost due to the…
The ongoing coronavirus pandemic has crippled the economy with many experts fearing a global recession, possibly worse than the 2009 financial crisis. The impact of the pandemic can already be seen in the industries. The travel and hospitality industry has been the worst hit among all due to lockdowns and travel restrictions imposed by governments…
Razorpay is planning to hire 400 professionals for the year 2020. The company will also expand its workforce by more than 65 percent. Recently, Arpit Chug was appointed as the CFO to strengthen its leadership team. Moreover, it has acquired payroll management company Opfin. In a statement, Harshil Mathur, CEO, Razorpay shared, “As we are…
Yes Bank, one of the key private sector banks in India, has announced big bonuses to retain its existing employees. It is understood that these bonuses will be in the form of deferred payouts spread over the year. As per some news reports the bonus will be given in 30:40:30 ratio, getting credited every four…