Weak US jobs report paves the way for Federal Reserve interest rate cuts
Washington: U.S. employers slightly increased hiring in August compared to July's sluggish rate, while the unemployment rate fell for the first time since March, suggesting the job market is slowing down but still holding strong, news agency AP reported.
IIT-Bombay witnesses avg salary increase by 7.7% amid decline in student placements
Mumbai: Yet another placement season unfolded at the Indian Institutes of Technology (IITs) this year, bringing to light the growing competition the graduates have to face every year in campus job interviews.
IITs witness fall in placement due to hiring slump: Report
New Delhi: Salaries for engineers graduating this year from the Indian Institutes of Technology (IITs) have declined due to a hiring slowdown. According to separate studies by Deloitte and TeamLease, the annual pay for the class of 2024 is now in the range of Rs15-16 lakh, media reported.
Wipro's headcount drops 9.5% to 2,34,054 in FY24
Mumbai: India’s fourth largest Indian IT service firm Wipro Friday said it experienced a decrease in its headcount by 9.5% during fiscal year 2024.
Infosys workforce declines by 25,994 in FY24
Mumbai: Infosys said there has been a drop in its recruitment activities during the fourth quarter of FY24, according to its financial results declared on Thursday.
Air India recruited over 5,700 staff members in FY24 as part of its f-yr revival plan
Mumbai: Air India recruited over 5,700 staff members, with over 3,800 comprising the flying crew in the FY24, as a component of its five-year revival strategy aimed at restoring the airline's fortunes, media reported citing the airline's statement.
Hiring in the IT sector dropped by 21% in December 2023; AI job offers increase
New Delhi: Hiring in the IT sector declined by 21% in December 2023 as against the same month of 2022 and by 4% as compared to the immediately preceding month of November 2023, revealed the Naukri JobSpeak Index.
Demand for tech skills like ERP, Java full stack, data analytics rising: Report
Bengaluru: The demand for specific technology skills is consistently rising even across non-tech industries. ERP, Java Full Stack, Data Analytics, Cloud, and Infra Management have emerged as the top skills in demand, according to a report.
Hiring rate in India grows 42 per cent in June against 2019 pre-pandemic levels: Report
Bengaluru/IBNS: Hiring in India is gradually picking up and the recruitment rate in June was 42 per cent higher than the pre-pandemic levels in 2019, according to a report by LinkedIn India.
Job consultant Indeed’s virtual hiring week sees spurt in demand for tech jobs
Kolkata/IBNS: Tech-based jobs requiring skills in Data Analytics, Artificial Intelligence, Machine Learning, and customer support appear to be in demand in the current situation, according to Indeed, an Indian job site.
Hiring prospects to remain subdued in short term; things to look up in 2 quarters: ASSOCHAM
New Delhi, Nov 19 (IBNS): With corporate India placing most energies on rationalising costs, including the wage costs , and trying to deleverage its balance sheet, the hiring outlook in the private sector , is expected to stay muted till beginning of fiscal 2018-19, an ASSOCHAM assessment , based on its feedback from members has indicated.
Infosys to hire 10,000 Americans after Trump's visa policy revision
New Delhi, May 2 (IBNS) : In what people may perceive as a result of US President Donald Trump's H-1B visa policy, Indian IT giant Infosys will hire 10,000 Americans in the next two years.