While the current headcount reduction has more to do with slowing demand, the rise of artificial intelligence will impact jobs in the future.
DigiLocker, a government initiative for storing documents and verifying credentials online, is gradually replacing the need for paper.
India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally.
According to the directive, doctors will be paid a monthly remuneration of Rs 1.5 lakh to Rs 2 lakh, depending on their qualification, for eight-hour duty everyday.
IT services major LTIMindtree reported a net profit of Rs 1,100 crore for the fourth quarter of financial year 2023-24 (FY24), down 1.2 per cent year-on-year (Y-o-Y) from Rs 1,141 crore in the same quarter last financial year. Revenue grew 2.3 per cent Y-o-Y for the fourth quarter to Rs 8,892.9 crore. Sequentially, revenue was down 1.4 per cent.
HR can make better hiring decisions with solutions powered by robotics & machine learning.
'We do not see people getting reduced, but because of automation, we will do more work.'
Here are some of the big names who could be interested in applying for the post.
Jobs specialising in the creation and management of AI tools may witness rising salaries due to the niche expertise they require. Skills in AI research, development and the practical application of AI tools in business settings will also see strong demand.
Info Edge (India) reported good Q2FY24 results with hiring across other segments helping offset weak IT performance. The revenue increased 11.5 per cent year-on-year (Y-o-Y) to Rs 593 crore, (up 1.5 per cent quarter-on-quarter or Q-o-Q). The earnings before interest, taxes, depreciation, and amortization (Ebitda) margin was excellent at 40.7 per cent, up 200 basis points year-on-year (Y-o-Y).
Sukanya Verma lists her recommendations for the week.
The IT firm will soon initiate discussions with colleges to start the process from September.
Gupta, arrested in the Czech Republic on June 30 last year, is currently held in Prague's Pankrak prison.
Helicopters are anticipated to be more in demand compared to fixed-wing aircraft as choppers will help in providing accessibility to rural and remote areas in a shorter time.
The lack of a strong diversity policy on the part of companies, a limited pool of women candidates as well as socio-cultural factors contribute to their low numbers.
A growing number of firms are putting in formal policy frameworks to tap into company alumni and facilitate the return of former employees, discovers Sangeeta Tanwar.
A new entrant, whether a popular actor or not, has not been able to sweep the polls, as their fans had hoped for. Given a proven pattern, it should hold true for Vijay as well. Or, something drastically has to happen between now and 2026, asserts N Sathiya Moorthy.
Ride-hailing platform Uber on Wednesday said it is recruiting close to 250 engineers for its teams in Bengaluru and Hyderabad as it continues to expand the scope of operations for its engineering and product work in the country. The current round of hiring will strengthen the company's rider and driver growth, delivery, eats, digital payments, risk and compliance, marketplace, customer obsession, infrastructure, adtech, data, safety and finance technology teams, a statement said. These roles are currently split between the company's Hyderabad and Bengaluru tech centres, it added.
Congress members Ami Bera, Pramila Jayapal, Ro Khanna, Raja Krishnamoorthi and Shri Thanedar released a joint statement after receiving a classified briefing from the Biden Administration on Gupta's indictment.
Quoting officials, The Washington Post said, the foiled assassination was part of an escalating campaign of aggression by RAW against the Indian diaspora in Asia, Europe and North America.
The Supreme Court on Thursday refused to entertain a petition by a family member of Indian national Nikhil Gupta, under detention in a Czech prison over allegations of involvement in a foiled plot to kill pro-Khalistan Sikh separatist Gurpatwant Singh Pannun in the United States, for consular access.
High drama was witnessed during the Himachal Pradesh Cabinet meeting on Saturday with ministers Jagat Negi and Rohit Thakur leaving midway following a 'heated debate' over policy decisions, sources said.
'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.'
'We're putting a lot of focus on GenAI developers and people who can really do all the architecture and programming.'
The company said it will target experienced technology professionals as well as recent graduates from major universities, liberal arts colleges, and community colleges to create the best workforce for the future.
Over 100 Indian institutions offer semiconductor design curricula, but hardly any of them focuses on manufacturing and process technology, a top official from global memory and storage major Micron Technology said on Thursday. There is significant global demand for such chip engineers, its president and chief executive Sanjay Mehrotra said at the 10th Vibrant Gujarat Global Summit in Gandhinagar. "While more than 100 Indian institutions provide a semiconductor design curriculum, hardly any focus on semiconductor manufacturing and process technology.
Gupta was arrested in Prague, the Czech Republic on June 30, 2023 and is being held there currently. The US government is seeking his extradition to America.
Chandrakant Pandit 'liked to do things a certain way and that didn't sit well with certain players. It caused a little bit of tension in the changing room.'
'We will have a strong exit as our third quarter is strong.'
The Supreme Court on Thursday rejected a plea for consular access moved by a family member of Indian national Nikhil Gupta, who is in a Czech prison following charges by the US relating to a foiled assassination attempt on Sikh separatist Gurpatwant Singh Pannun.
The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) slipped from 57.5 in September to 55.5 in October, the slowest rate of expansion since February. The October PMI data pointed to an improvement in overall operating conditions for the 28th straight month.
Forget comic chops, you'll not find an ounce of camaraderie between Akshay Kumar and Tiger Shroff as they go about firing ammo and flexing abs at a zombie-like army for nearly three excruciating hours of this noisy drivel, observes Sukanya Verma.
The top-notch faculty at Crotonville, including Noel Tichy, Ram Charan, Vijay Govindarajan, along with GE's top leaders Jack Welch, Gary Reiner, Bill Conaty, Jeffrey Immelt and Susan Peters, together delivered sought-after programmes on leadership to generations of early-stage leaders, mid-tier and senior managers from all over the world, recounts Indrajit Gupta.
The mix of direct college hires and experienced professionals in global information technology major Cognizant Technology has witnessed a change in the recent past.
As captain, Gautam Gambhir won KKR its two titles. Now, as team mentor, can he inspire KKR to achieve glory?
India's third largest IT company HCL Technologies on Friday reported a flat year-on-year growth in net profit in the March quarter at Rs 3,986 crore. However, the company posted an 8.4 per cent decline in net profit on a sequential basis, amid rising employee cost and tightening IT spends around the world. The company described the performance as "decent" in view of the global macroeconomic conditions.
The Delhi police had earlier said it arrested two 'suspicious' men and recovered two hand grenades from their house in the Bhalswa Dairy area of Jahangirpuri.
'The real change will happen when more powerful roles come to me.' 'I am looking forward to that change.'
'AI may perform tasks, but deep expertise and specialisation remain uniquely human.'
Job searching is a game of numbers: The more energy you invest and the more cold networking e-mails you send, the more options you open up for yourself, advises Lalit Singh, co-founder and CTO, Meraqui, a human capital services company.
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