Page 5 - Jobs In It Sector
IT, BPM industry to add more 300,000 jobs by FY2023: TeamLease report
Companies looking for candidates with digital skills and engineering graduates from smaller cities
 "IT, BPM industry to add more 300,000 jobs by FY2023: TeamLease report")
Infosys, TCS, Wipro: Is the fall in information technology stocks overdone?
In the last few weeks alone, analysts at JP Morgan, Kotak Institutional Equities and Nomura had sounded caution on the IT sector, suggesting that the heydays may be over, at least for now
 "Infosys, TCS, Wipro: Is the fall in information technology stocks overdone?")
Persistent to hit $1 bn annual revenue rate in FY23; to hire 3,000 freshers
The Pune-headquartered company posted a 42 per cent jump in revenue to $217 million in the March quarter, when it witnessed a 45.9 per cent growth in net profit at Rs 200.9 crore
 "Persistent to hit $1 bn annual revenue rate in FY23; to hire 3,000 freshers")
IT companies click on gender diversity, scout for talent across the board
Already the largest employer of women, these companies are now viewing women as the cutting edge of the talent war
 "IT companies click on gender diversity, scout for talent across the board")
Nasscom feels attrition problem in IT sector may have hit its peak
'If one looks at the data from the top-10 IT companies for the December quarter announced recently, attrition levels seem to be plateauing if not trending down'
 "Nasscom feels attrition problem in IT sector may have hit its peak")
Race for blockchain engineering talent hots up as crypto ban cloud clears
Startups and IT majors alike are angling to recruit the best and brightest in the technology
 "Race for blockchain engineering talent hots up as crypto ban cloud clears")
Women are more employable in tech development jobs than men: Report
With the tech industry opening up more job opportunities in the wake of the ongoing pandemic, a report has shown that women are more employable in development jobs than men.
 "Women are more employable in tech development jobs than men: Report")
How IT firms are solving skills divide as they go back to campuses
Though the salary level of the students being hired has remained Rs 3-3.5 lakh for years, companies are ready to shell out more for those who excel in coding and programme languages
 "How IT firms are solving skills divide as they go back to campuses")
India Inc is still a quarter away from reaching pre-Covid hiring levels
The run-up to the festival season - especially the next four weeks - holds the key to crossing pre-Covid levels of hiring, say HR experts
 "India Inc is still a quarter away from reaching pre-Covid hiring levels")
TCS plans to hire over 40,000 freshers from Indian campuses in FY22
IT firm's recruitments may surpass FY21 numbers
 "TCS plans to hire over 40,000 freshers from Indian campuses in FY22")
Cognizant learns an HR lesson as people shortage impacts business momentum
A challenging strategy to accelerate growth has ironically dragged the former IT racehorse into bigger troubles over people management
 "Cognizant learns an HR lesson as people shortage impacts business momentum")
Infosys attrition at high of 15%; to hire 25,000 from campuses in FY22
Firm says had also offered pay hikes to retain talent
 "Infosys attrition at high of 15%; to hire 25,000 from campuses in FY22")
Cognizant launches program for techies looking to restart careers
Cognizant Returnship Program: It is focused on providing returners with a supportive environment and access to training, upskilling, mentorship and other resources
 "Cognizant launches program for techies looking to restart careers")
IT sector continues to see sequential growth in hiring in January: Report
The sector witnessed a 39 per cent growth in job postings in January compared to the previous month, according to a report
 "IT sector continues to see sequential growth in hiring in January: Report")
Covid-19: Accenture to lay off 25,000 employees, Indians set to lose jobs
Global professional services company Accenture which has over 5 lakh employees worldwide is to cut at least 5 per cent of its 'low-performing workforce and thousands of Indians are set to lose jobs
 "Covid-19: Accenture to lay off 25,000 employees, Indians set to lose jobs")
Job seekers confident about career progression as economy reboots: Survey
The LinkedIn Workforce Confidence Index showed a modest increase in India's overall workforce confidence, with a composite score of (+) 50, up from (+) 48 in June 1-14.
 "Job seekers confident about career progression as economy reboots: Survey")
Top headlines: CBDT, CBIC merger on cards, China dominates power sector
Government aims to cost cuts, scientists warns Covid-19 could be airborne and India's IT sector is forced to lay off employees.
 "Top headlines: CBDT, CBIC merger on cards, China dominates power sector")
Job cuts in IT sector likely if biz climate doesn't improve soon: Nasscom
Many of the industry's clients closed their set-ups globally as part of containment measures to check coronavirus. Travel and hospitality, aviation, retail, auto and manufacturing hit the hardest
 "Job cuts in IT sector likely if biz climate doesn't improve soon: Nasscom")
Revenue bites: IT firms go aggressive on cost-cutting amid Covid-19 crisis
Travel expenses trimmed and salary hikes put on hold as industry fights slowdown and demand uncertainty
 "Revenue bites: IT firms go aggressive on cost-cutting amid Covid-19 crisis")
Coronavirus outbreak pushes up demand for scenario planning by IT firms
Global retail, manufacturing, pharma firms turn to AI-led simulation services to better anticipate the future
 "Coronavirus outbreak pushes up demand for scenario planning by IT firms")
