Amazon Web Services personnel in the US, Canada and Costa Rica whose jobs were being eliminated were notified early Wednesday, the unit's chief said in an email to staff
Hyderabad, Delhi and Bengaluru, being hubs of the IT/tech industry, have emerged as the most promising locations with intent to hire apprentices in the fourth quarter (January-March 2023), a report said on Friday. Hyderabad with 78 per cent net apprenticeship outlook (NAO), followed by Delhi (74 per cent NAO) and Bengaluru (68 per cent NAO), witnessed an increase in apprenticeship engagement as compared to the previous half-year period (July-December 2022), TeamLease Apprenticeship Outlook Report has revealed. The Apprenticeship Outlook Report covered 14 cities and 24 industries with a survey among 597 employers during January to March, 2023). Further, the report stated that 83 per cent of employers in Hyderabad are likely to increase the engagement of apprentices, 82 per cent in Delhi and 80 per cent in Bengaluru. Chennai (81 per cent) and Mumbai (77 per cent) were close behind in hiring intent, showing immense potential, the report added. From a pan-India perspective, 79 per cen
At least 70 companies, which were present during the job fair in Bharatpur on March 23-24, selected 5,700 youngsters out of the total 25,000 who took part in the event, the officials said
Anguished candidates wrote on one of Govil's posts that the company should either start the onboarding process or communicate formally that Wipro would not be taking their candidature forward
This is nearly 4.5 times higher than the global average of 14 per cent
More than 17,400 employees in the tech industry have lost jobs in the month of February globally to date, with many workers in India receiving pink slips amid deepening global macroeconomic conditions
He said that the company would invest in strategic areas for the future by allocating both capital and talent
78,000 new workers added in this period, marking third straight quarter of growth
Hyderabad accounts for one-third of the new jobs created in the information technology sector in the country during the last fiscal year, says K T Rama Rao
Plans engineering teams in India, japan Indonesia, and Brazil
'Ups and downs' in global economy will not impact Indian industry for long, he says
After Twitter, Meta Platform too has announced massive job cuts. The Indian job market is also facing some heat, especially in IT services. How does the IT piece fit in the larger job market puzzle?
With the IT sector showing a decline, Bengaluru, Hyderabad and Pune showed a decline in hiring activity, according to the Naukri JobSpeak index
More than half of IT professionals (53 per cent) are likely to pursue a new position within the next year due to better compensation, a lack of training and development and a lack of work-life balance, according to a report. About 66 per cent of IT decision makers see skills gap in their teams even as there is a 10 per cent decrease from last year, according to Skillsoft's 2022 IT Skills and Salary Report. However, the industry is facing another pressing challenge centred around talent attrition, with more than half (53 per cent) of all respondents extremely or somewhat likely to look for a new job in the next 12 months, it added. Skillsoft's 2022 IT Skills and Salary Report based on a survey with nearly 8,000 respondents. The report further revealed that over the past year, the workplace has been defined by employee-led "movements", namely the Great Resignation and "quiet quitting". Meanwhile, the pace of digital transformation and lack of enough technical resources have pushed m
However, IT companies have also been strategic in the extent of hiring cuts that have varied from campus to campus
Retaining a business-critical talent has undergone a great change in the last two years, especially in the IT sector, with a significant percentage of the professionals considering not returning to the sector in the future, according to a report. According to leading tech staffing firm TeamLease Digital, employees' needs and priorities have changed, and they are re-evaluating their careers based on aspects like flexibility, career growth and employee value proposition. The report 'Brain Drain: Tackling the Great Talent Exodus' noted that the IT sector witnessed double-digit attrition rate of 25.2 per cent this year. The report shares the insights through more than 100 interviews across TeamLease Digital's leaders, IT contract staffing subject matter experts, and other stakeholders associated with the sector, combined with extensive research available throughout the sector. "The Indian IT sector has witnessed tremendous growth in the last decade. It has recorded 15.5 per cent growth
Wipro on Wednesday said it expects to hire about 30,000 freshers in FY23, as the IT services major strives to ensure that supply is not a constraint in managing the robust demand environment
In March, when Haryana first proposed the law, industries across the board expressed reservations about it
Prathidhwani, a welfare organisation of IT employees in Kerala, has come up with a scheme to impart training in technology and required skill set to enable freshers to get jobs. "The scheme provides training in technology and skill set required by the companies and provides an opportunity for the freshers to find better employment. We also share applicants' profiles to companies as per their requirements," Raneesh A R, President of Prathidhwani at Technopark in Thiruvananthapuram, said in a release. Those who register on the portal, www.jobs.prathidhwani.org will receive notifications of various technology workshops organised by Prathidhwani every month. These training sessions led by domain experts are being organized free of cost, it said "So far, Prathidhwani has conducted 90 training sessions in various technologies," Raneesh said, adding that anyone can participate in this training which is conducted online. So far 35,600 people have applied for jobs through the
The initial outlay was Rs 100,000 crore in ongoing schemes and Rs 13,000 crore in new schemes