Poor management, lack of training and want for better compensation are the main reasons they want to leave their organisations
IT company is seen as a 'transformation partner' by clients and is set for growth, says Thierry Delaporte in farewell email
According to the latest NCAER report published in August 2023, gig workers on food delivery platforms earn an average of Rs 13,581 monthly net of all costs, after an active long-shift
Infosys, which has stated it will be an AI-first company, is bracing itself for this disruption
We were always confident of our business mix and our incredible leadership and all other elements, said C Vijayakumar, CEO & MD, HCLTech
White collar hiring in India witnessed a 16 per cent decline in December compared to the year-ago period due to cautious hiring sentiments in IT, BPO, education, retail and healthcare sectors, a report said on Tuesday. "We observed marginal sequential growth of 2 per cent in December hiring activity compared to November, driven by non-IT sectors. However, the IT sector continued to be significantly impacted pulling the overall index down by 16 per cent against last year signalling a longer wait for a complete recovery in IT hiring," Naukri.com Chief Business Officer Pawan Goyal said analysing the Naukri JobSpeak Index. According to the Naukri JobSpeak Index, sectors like BPO, education, retail, and healthcare displayed cautious hiring sentiments, witnessing a year-on-year decline of 17 per cent, 11 per cent, 11 per cent and 10 per cent, respectively, in job offers in December. Hiring in the IT sector reflected the trend seen in the second half of 2023, the report noted. The sector
Group representing Indian IT workers alleges company harassing employees who oppose 'forced transfers'
The IT majors are making changes in their pay increment structure to maintain margins at a time when the sector is going through a tough time globally
The game flipped in the second half of 2022, and in 2023, it has decisively turned in the favour of employers - more talent is now chasing fewer active IT jobs
The tougher contracts are likely to add pressure on an industry that is already struggling
Hiring of freshers is likely to decline in the current fiscal as major IT companies look to freeze intake of freshers, according to a report. In its hiring outlook for fresh IT/engineering graduates in the fiscal year 2023-24, TeamLease Digital said that 1.55 lakh freshers are likely to be hired in the IT/Tech sector this fiscal compared to 2.3 lakh freshers in the previous financial year. With approximately 1.5 million engineering graduates actively seeking IT/Tech roles, muted market sentiments and intensified skills evaluation mechanisms have created a turbulent landscape, it added. The report is based on secondary sources, including news reports and company reports, it said. As major IT companies freeze fresher intake, alternate sectors are opening up demand. Other segments, including Global Capability Centers (GCCs) and non-tech sectors like banking, financial services and insurance (BFSI), communication, media and technology, retail and consumer business, life sciences and .
Even as the technology sector witnessed a decline in funding across the globe, founders are hopeful that a 'warmer funding season' is on its way in 2024
Sekhar Garisa, CEO of foundit, said that companies do not need as many designers and content writers as before since technology can help make some of these jobs more efficient
More and more candidates are registering to learn these skills in hopes of finding better employment opportunities in an increasingly competitive job market
The Nascent Information Technology Employees Senate (NITES) filed a complaint against Tata Consultancy Services over involuntary transfers of over 2,000 employees
IT engineering cos provide product engineering services in auto, aerospace, medical device, and utility sectors. On the other hand, software engineering firms are mostly engaged in software products
Budget constraints, especially in the IT sector, discourage recruiters from visiting campuses this year
The report further suggested that the market is now preferring experienced professionals over freshers
While automobile, banking, and other sectors can absorb IT talent, they are unlikely to generate the same hiring volume as the tech sector
As many as 2.6 million freshers were actively looking for job opportunities in the last 30 days