Big Companies' Massive Lay Off Raises Startup Survival Concern
The constant job layoffs have been a concern, especially in the IT sector. In the last week, many people were laid off, in companies like Tata Consultancy(6333,) Infosys(7250,) and HCL(2299). As per reports in the next six months, many more jobs will be cut off & new graduates will face employment difficulties. Considering the situation of huge companies, start-ups are going to work hard to thrive, with no media attention.
Tags: Startups, Employment, Indian Companies, layoff, Unemployment, Graduates, business
Courtesy: Jstor
Survey Confirms Unemployment Rate At Six-Year Low Of 3.2%
India's unemployment rate for persons aged 15 years and above was recorded at a six-year low of 3.2% during July 2022-June 2023, confirmed government reports. The Periodic Labour Force Survey Annual Report 2022-2023 released by the National Sample Survey Office said the unemployment rate in India improved with the lowest, as percentage of unemployed persons in the labour force, which has improved in the past few years, under the BJP.
Tags: Unemployment, Indian Reports, Employment, Education(1522), Government Reports
Courtesy: The Press Trust of India
Over 3 Lakh Employees Recruited By Top Private Enterprises In India
During 2021-22, 8 of the top 10 private enterprises in India by market capitalization will recruit over 3 lakh individuals. The top sectors which are generating employment are IT, banking, and retail. The recruiting rush is far more active than it was last year, when the deadly Delta variety invaded the planet, resulting in a disastrous wave of the pandemic in India in mid-2021.
Tags: hiring, private firms, India, Employment, Covid-19
Courtesy: DNA INDIA
Google Will Slow Down Hiring In 2023, Sundar Pichai Writes Memo To Employees
Google CEO Sundar Pichai revealed a shocking memo to its employees, fearing layoffs, at one of the leading companies of world. In an email dated July 12, Pichai mentioned about phase of slowdown hiring and might be conducting layoffs. The sudden move of the company is amid economic issues.… read-more
Tags: Employment, Sundar Pichai, Lay Offs, Slowdown Hiring, Google
Courtesy: CNBC
Myntra Provides 27.5k Job Vacancies To Meet Predicted Rise In Demand During EORS-16
Myntra is preparing for the 16th edition of its flagship End Of Reason Sale (EORS), from June 11 to June 16, by partnering with 27.5k third-party firms. These positions are being generated through the company's logistics, customer service, and delivery partners. Women and differently-abled employees would be among the additional staff, doing activities such as sorting, grading, and packing across major cities like Bengaluru, Mumbai, Delhi,… read-more
Tags: Myntra, Employment, end of season sale, Sales, fashion
Courtesy: ANI
Haleem Store Owner Employs 1000 Unemployed Youths During Ramadan
In Hyderabad, Mohd Abdul Musi, owner of Pista House restaurant, gave employment to 1,000 unemployed youths and students during the holy month of Ramadan. Most of the employed youths have been given roles like cashier, helper, and supervisor at 25 outlets, spread across Hyderabad. The major reason for this is the preparation of Haleem, a special dish that has a huge demand for Eid-Ul-Fitr, and is reportedly tough to prepare.
Tags: Pista House, Hyderabad, Ramadan, Employment, Haleem
Courtesy: ANI
Women Entrepreneurs Showcase Sustainable Products at HITEX: Hyderabad
At the three-day business expo at HITEX from March 11 to 13, women entrepreneurs are showcasing sustainable and chemical-free products. In addition, they have introduced leaf tableware, vegan coffees, coconut-based mocktails. ''There are many benefits of eating in this leaf tableware like it gives antioxidants to food, increases the appetite and is also appealing to eat,'' said an entrepreneurs. HITEX and COWE India jointly organised the… read-more
Tags: Women entrepreneurs, business expo, Hyderabad, sustainable products, Employment
Courtesy: ANI News
''I decided to pursue my interest as Profession and quit IIT'', says IIT-Delhi Dropout Ankit Kumar
Talented Ankit Kumar, an IIT-Delhi final year drop out, followed his interest and established startups. He said, till class 12 his academic interests were made by his parents and companions, but after joining IIT he actively participated in several cultural events. Kumar was also the director of his college dance team. At present, he successfully established Zaamo, a startups, supporting homegrown labels and content creators and is co-founder… read-more
Tags: Education, Startups, IIT Delhi, Ankit Kumar, Employment
Courtesy: The Indian Express
UP Witnessed Increased Development Under BJP Rule: CM Yogi
Uttar Pradesh CM Yogi Adityanath, on December 5, said that during BJP's rule, state witnessed 4.5 lakh jobs and developments, which missed under the Samajwadi Party's reign. Addressing an inauguration event, Yogi said, the BJP brought employment, development, welfare schemes and growth in Uttar Pradesh, which the previous government failed to do. The criticism against the previous government came as a response to Akhilesh Yadav's remark over… read-more
Tags: UP government, Yogi Adityanath, Employment, SP, Akhilesh Yadav
Courtesy: ANI
K'taka Govt Prioritises On Employing Kannadigas In Different Sectors: CM Bommai
Karnataka Chief Minister Basavaraj Bommai announced on November 1 that his administration will endeavor to ensure that Kannadigas find jobs in the commercial, public, and semi-public sectors on precedence. He said the government was emphasizing the necessity of ensuring that Kannadigas acquire 75% of jobs… read-more
Tags: Basavaraj Bommai, Karnataka CM, Employment, kannadigas, Kannada
Courtesy: The Times Of India