Covid impact: Companies scale down blue-collar jobs in small towns

Posted on 2021-05-25T00:30:28+05:30 - jobs

Blue-collar hiring in tier 2 and tier 3 towns have come to a grinding halt in the last 4-5 weeks even as a lot of small and medium-sized manufacturing companies, where production is based on a continuous flow of order, are on the verge of stopping in these markets, job market experts and economists said.

Applied Materials looks to ramp up headcount by 10% in India

Posted on 2021-05-24T10:07:58+05:30 - jobs

The Santa Clara, California-headquartered company is leveraging its regional competencies in engineering and IT to enable faster product development through design, simulation, test, and validation. The company currently has around 5,000 employees (both full-time and contractors) in India.

5G to spur contractual staffing requirement in telecom; hiring sentiment positive: TeamLease

Posted on 2021-05-23T14:12:13+05:30 - jobs

According to Deval Singh, Business Head- Telecom, IT and ITES, Media and Government, TeamLease Services, the outlook for contractual hiring in the sector remains positive, notwithstanding some ambiguities on account of the second severe wave of COVID-19.

Higher household income, lower education levels determinants of women's labour force participation: Report

Posted on 2021-05-21T20:20:38+05:30 - jobs

​​ Women's participation in India's labour force has been steadily declining since 1993-94 and India has one of the lowest female labour force participation rates among developing countries. Despite decades of policies and programmes aimed at addressing this issue, the figure has remained consistently low, it said .

EPFO net new enrollments decreases by 1.9 per cent in 2020-21

Posted on 2021-05-20T19:22:31+05:30 - jobs

Net enrollments under EPFO in March stood at 11.21 lakh in March, down from 11.28 lakh in February, reflecting the impact on jobs because of partial lockdowns. The highest addition of net new subscribers under EPFO was in September at 12.16 lakh while the retirement fund body saw a dip in net new enrollments in April and May which were complete two months of lockdown.

Six in 10 women employees in India feel less optimistic about their career prospects today than before pandemic: Survey

Posted on 2021-05-19T18:23:41+05:30 - jobs

The Deloitte Global report, “Women @ Work: A global outlook,” finds that these increased responsibilities are having devastating effects on working women as 51% of those surveyed are less optimistic about their career prospects today.

WFA promotes tier-2 towns as talent hubs

Posted on 2021-05-18T10:45:48+05:30 - jobs

Last year, Axis Bank launched its ‘GIG-A-Opportunities’ programme to access new talent pools based not on geographic location, but skill. In the pilot project of 100 roles last fiscal, the bank hired both specialist freelancers and full-time employees in a work-from-anywhere format. Up to 60% of the hires were from across tier-2 towns.

Credit Suisse to hire 1,000+ IT employees in India

Posted on 2021-05-18T10:05:15+05:30 - jobs

The hiring plans are part of the organisation’s continued commitment to its presence in the country and its vision to establish India as a centre for technology innovation across the bank globally.

Second wave of COVID-19 to impact blue-collar, gig jobs: Report

Posted on 2021-05-15T21:38:25+05:30 - jobs

As India's economy tried regaining its footing earlier this year, the number of job opportunities rose 32 per cent during January-March 2021 as compared to the preceding December quarter, hinting towards an economic revival in the country, the report by global recruitment specialist Michael Page said.

Covid Call: India Inc seeks incentives for jobs creation

Posted on 2021-05-14T23:44:14+05:30 - jobs

India Inc has urged the government to provide incentives for employment generation in the wake of the deadly second wave of the Covid-19 pandemic.

Edtech firm Great Learning looks to hire 1,000 people

Posted on 2021-05-14T10:23:50+05:30 - jobs

“For those programmes, we will likely need to hire between 300-500 people in the first half of the year, split across academics, operations, sales counselling, content development and marketing. For the full year, we will likely hire over 1,000 people,” Karthik Gopalan, director of people operations, Great Learning, told ET.

Job postings dip 3 pc sequentially in April as second wave of COVID-19 hits India: Report

Posted on 2021-05-12T18:38:51+05:30 - jobs

The data indicates that the employment index saw a decline in job posting activity in April compared to March, by 3 per cent, according to the Monster Employment Index. The overall job postings also witnessed a decline of 4 per cent year-on-year as of April 2021, compared to April 2020.