Layoffs have become a common phenomenon in such a time of crisis. Every other day, we get news about small and big organizations laying off employees as the coronavirus pandemic is drying up revenues and companies opt for tough cost cutting measures to stay afloat. In recent news, diversified financial services firm Indiabulls Group has…
Retail giant Walmart’s tech arm Walmart Labs is reportedly planning to hire about 2,800 employees in India this year. According to a report by the Times Of India, the company will hire around 800 employees for operations in Chennai and another 2000 employees will be hired for joining the Bengaluru center. In Chennai, where it…
At a time when many companies have hit a pause on hiring, and words like furloughs, pay cuts and job cuts are doing the rounds, French IT services firm Capgemini recently said that it will continue to digitally onboard new employees in India. According to a report by Livemint, the French IT major has said…
The coronavirus pandemic and the subsequent government-imposed 21-day nationwide lockdown have deeply impacted the domestic economy, with a majority of firms expecting a significant decline in their top line and bottom line in the current and previous quarters, demand to decline and jobs getting impacted, according to a CEOs’ Snap Poll conducted by the Confederation…
The job market across the globe is getting competitive each day. Every year a large number of new candidates are entering the workforce to find their dream jobs, to realise their dreams, and to achieve everything that is on their bucket lists in a short span of time. No matter how incredible performer you are…
An ASSOCHAM Economic Research Bureau (AERB) report based on the job posting data from various job portals says that new job generation has come down by 14.1 percent during the second half of financial year 2012 – 13, as compared to corresponding period last year. “A total of over 5.38 lakh jobs were generated during…
2012 saw a decline to the extent of over 21 per cent in the new job generation in various sectors of the economy between January-December mid across India, according to the analysis carried out by apex industry body ASSOCHAM. “A total of over 5.3 lakh jobs were generated during the aforesaid period across India i.e.…