The new rules will bring down people's mobility and as a result flexibility in scaling businesses
Starting afresh in a new domain or with a new employer or opting for entrepreneurship can be the brighter side of job loss.
Adapting to the new hybrid normal of remote and office work, cautiously optimistic corporate are looking to hire more people and provide better appraisals in the new year as they step out of the pandemic-ravaged 2020. The coronavirus pandemic emerged as the biggest inflection point for the Indian job landscape. For the corporates, work-from-home and remote workers became the new normal and for the professionals, online learning and digital skills took centrestage.
'We have to plan for whatever the new normal is.'
Ambrish Sinha, CEO, MeritTrac Services, identifies 6 future-ready skills that a post-COVID-19 workplace will require.
NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework.
He also said automation, machine-learning, artificial intelligence and bots are happening, both in the software and business process outsourcing sector
What do you do when you've lost your job during the lockdown and are unable to get another one? Get expert advice from HR Guru Mayank Rautela.
Sector added only 200,000 employees in FY16, down from 230,000 in FY15
As IT majors face a decline in their legacy business, they are realigning their sales strategies to push up revenues from newer technologies.
National artificial intelligence unit stuck for lack of anchor department
'In India, the impact will be less than 1% of employee headcount.'
The latest whistleblower complaint accusing him of pressuring finance team members to inflate profitability has come right out of the blue. There's another allegation that he made racist remarks against some board colleagues. For a man with a singular focus on the business and clients, all of this must have blindsided him.
'The faster you accept it, the faster you start running and the sooner you will reach your destination -- your next role.'
The Microsoft chief's comments come in the wake of Bill Gates' call for levying taxes on robots that take away jobs from people.
If you keep asking for a raise, your employer will feel that you are here because of the money, and the company doesn't matter to you.
'You have to move from one skill to another skill.' 'An employee can't say this job is my right and even if you train me, I refuse to get trained.' 'Those who participate in re-skilling will remain in the industry.' 'Those who refuse to get re-skilled will have to go.'
Indian companies seem to be trailing behind. They will have to catch up by reskilling the workforce and ramping up investments.
The kind of jobs that will last in future are creative, people-led and social. These are the jobs that automation can't take away.
Nasscom said growth for the current financial year (2016-17) was expected to be 8.6%
While Norway tops the list, India's ranking is the lowest among BRICS economies
If you want to grow in your career you should be open to learning, have problem solving skills and be a team player, says Shrutidhar Paliwal.
The ability to work flexibly and be judged on deliverables.
Most large companies have curbed their hiring plans in 2018-19 because they continue to invest in digital technologies.
According to analysts, IT firms like Infosys, TCS and HCL Technologies are likely to benefit the most on account of larger US exposures and dollar billing.
Job cuts in Indian IT companies will be 1.75 -2 lakh per year in next 3 years, due to under- preparedness in adapting newer technologies, says Head Hunters MD
ESOPs allow employees to own equity in the company, which is seen as a morale booster for them.
Will bots take away our jobs? Find out!
Nearly 31 million Indians are unemployed and looking for jobs. While economic growth has been humming along, the pace of job creation has been poor. A revealing excerpt from Dev Kar's India: Still A Shackled Giant.
The army of the future needs a system of transparency and research. An open sociology of the army is a democratic necessity. An openness of information is a necessity of the army of the future fighting the next peace and next war on behalf of society, says social scientist Shiv Visvanathan.
N Ganapathy Subramaniam, chief operating officer (COO), discusses the strategy to concert digital opportunities to larger deals, focus on reskilling own people instead of acquiring a company to get access to skillsets and demand from newer verticals in an interview with Romita Majumdar
Delhi, which has gained infamy as one of the world's most polluted cities, has for some years now witnessed a sustained campaign from various quarters seeking a ban on firecrackers. While the Centre launched the newly approved, eco-friendly firecrackers earlier this month as a "safer and cheaper" alternative, the mood in the market is tepid, says Ritwik Sharma.
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
80% of incremental enterprise investment to be in digital technologies by 2020.
In 5 years, prices for keywords on Google's AdWords platform have gone up three to five times. Alnoor Peermohamed reports.
'Under-employment continues to be a very big problem.' 'What we see today is many youth who would have accepted any kind of job are not willing to accept any job.' 'They are ready to wait for a better job, one that justifies their educational qualification. 'This is one of the reasons why unemployment has risen.'
'In the next 14 years, 100% of US energy will be clean and solar.'
A degree may help you start your career, but it is only skills that will build your career.
Generation, a youth employment non-profit, is empowering young people to build thriving, sustainable careers. It also provides employers the highly skilled, motivated talent they need.
Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.
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