Page 9 - Hiring

IT companies to hire 20% less people in next financial year: Report

Despite strong indicators in the software market, Indian tech companies have been facing high attrition and narrowing margins, its impact is most likely to be faced during the hiring of freshers

Goldi Solar to invest Rs 5,000 cr to raise module manufacturing capacity

Gujarat-based Goldi Solar is planning to invest Rs 5,000 crore by 2025 to expand its module manufacturing capacity to 6 gigawatt, the company's Managing Director Ishver Dholakiya said on Monday. At present, the total module manufacturing capacity of its plants in Pipodara and Navsari, Gujarat is 2.5 gigawatt (GW), Dholakiya told reporters during a press conference here. "We have plans to infuse over Rs 5,000 crore as part of expansion plans to increase module manufacturing from 2.5 GW to 6 GW," he said while launching HELOC Plus (high-efficiency low on carbon) module series with Heterojunction technology. The renewable energy business expansion will be channelled into auxiliary production, including aluminium frames, junction boxes, backsheet, etc, Dholakiya said. The investment will be made by the year 2025, he said, adding his company also aims to recruit over 4,500 people across various functions, which will increase its workforce to over 5,500. "We plan to hire 25 per cent of

India's hiring outlook ranked second globally: ManpowerGroup report

The report showed that India has the strongest net employment outlook for the December quarter in the Asia- Pacific region, followed by China (46 per cent), and Australia (38 per cent)

India's job market outlook strong for Oct-Dec as 54% companies plan to hire

India's hiring outlook remains strong with 54 per cent of companies planning to hire in next three months amid predictions of growth opportunities for developing countries in the wake of ongoing geopolitical conflicts, says a survey. According to the ManpowerGroup Employment Outlook Survey released on Tuesday, the labour market is indicating strong sentiments for October-December 2022. The survey is based on interviews with more than 40,600 public and private employers across 41 countries and territories to measure anticipated employment trends each quarter. This sample allows for analysis to be performed across specific sectors and regions to provide more detailed information. As per the survey, in India, 64 per cent expect to increase their staffing levels, 10 per cent anticipate a decrease in hiring intent and 24 per cent do not anticipate any change, resulting in a seasonally adjusted Net Employment Outlook of 54 per cent. The hiring outlook in India is ranked second globally,

Following recruitment scams, Mamata orders overhaul of hiring process

The chief minister said that the complaints of administrative lapses reaching her office will have to be resolved within seven days from the day of the receipt of the complaint

Hiring at crypto exchange Coinbase up 33% despite recent layoffs: Report

While Coinbase is one of the most valuable companies in crypto, it still has a long way to go to catch up to Google. The search giant employs more than 100,000 people

Temp staff hiring to rise as consumers return to stores in festive season

During the festive season, more than 500,000 short-term jobs are expected to be created

Delhivery plans to hire over 75,000 employees to expedite parcel sortation

Logistics firm Delhivery on Friday announced its plans to hire over 75,000 staff for seasonal jobs over the next one-and-a-half month and expand its parcel sortation capacity by 1.5 million shipments per day. Of these, over 10,000 people will be off-roll employees across Delhivery's gateways, warehouses, and last-mile delivery, the company said. The hiring is aimed at meeting the expected higher volumes in both parcels and express part-truck load business during the festive season, it added. The company's fully-automated mega gateway, which is equipped with the automated parcel and hub sortation at Tauru became operational in April this year. The company said it will also double down on its various partner programmes by onboarding individual bikers, local retailers, business partners and transporters with plans to roll out a revenue payout of Rs 150-crore across all programmes. Delhivery said it will hire 50,000 last-mile agents under its Last-Mile Agent programme alone, which off

Indian job market unfazed by inflation, hiring up 29% in Q1: Report

The job market in the country remained unfazed by inflation in the first quarter as most companies believed that it is not going to change hiring and salary of their employees, according to a report. Despite fears of inflation, most jobseekers are not adversely affected by inflation as far as their livelihood and expenses are concerned, with six in 10 jobseekers saying they are not affected much, the quarterly hiring tracker by global job site Indeed revealed. In line with the employee sentiment, 89 per cent of employers interviewed said inflation will not change the way companies hire and pay employees, it added. The Indeed Hiring Tracker of Q1, FY23, is based on a survey of 1,229 employers and 1,508 employees during April-June 2022. Indeed's hiring tracker also indicated a positive job momentum growth with employers increasing hiring by 29 per cent in April-June 2022 compared to a 20 per cent increase in the previous quarter. The findings further revealed that 37 per cent of all

Netflix ramps up hiring for Cloud gaming services, plans to launch 50 games

Streaming giant Netflix has ramped up its dream to make it big in Cloud gaming, as the company hunts for professionals to take on Cloud gaming services

Virtual reality jobs die down at Meta, Google amid hiring freeze: Report

The VR job postings have also slowed down at other Big Tech companies like Apple and Google amid the hiring frezz and layoff season owing to the global economic meltdown, according to Revelio labs

Avenue Supermarts to Bata India: Retailers are now hiring, but on contract

According to a TeamLease report for the quarter, the intent to hire in retail is higher in the June-September quarter than the April-June period

Lifestyle & grocery retailers reverse FY21 trend, hire over 180,000 people

The total number of employees in eight of the top retailers in India went up 57 per cent to 4,90,000 in FY22, with Reliance Retail hiring the most number of people at 1,61,000

PriceLabs raises $30 mn from Summit Partners, plans to accelerate hiring

PriceLabs was founded in 2014 to bring Artificial intelligence (AI) and analytical tools to owners and managers of vacation homes and short-term rentals

Jet Airways starts hiring pilots for A320, 737NG and 737Max aircraft

The airline which received air operator certificate from aviation regulator DGCA on May 20 is yet to place an order for aircraft with either European planemaker Airbus or American firm Boeing

Casual workers PSUs hired fell 44% in first Covid-19 pandemic year

Experts say lockdown and near stalling of business may have prompted the decline

Hiring takes off in India's aviation sector as air traffic revives

Akasa Air to hire 175 people per month. Will have around 2,000 employees by March 2023

No signs of slowdown in attrition at TCS; firm says it has enough hands

TCS which had shared in Q4 of FY22 the hiring target of 40,000 for FY23, said the target remains

Mass leave by the cabin crew an aberration, ready for growth: IndiGo

IndiGo is hiring for replacement and expansion. Around 1,500 in the cabin crew are under training and will join operations over the next few weeks

Demand for CXOs doubles as companies race to hire top executives: Report

The firms are also hiring more leaders at top roles as companies are also reportedly weeding out CXOs who did not meet their performance targets