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Top IT companies cut over 72,000 jobs in FY24
The top six information technology services companies in India reported a reduction in their total headcount in the last fiscal year, with only HCLTech adding employees. Factors contributing to this reduction include the economic slowdown, automation, restructuring, and decreased discretionary spending.
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AI threat to call centre jobs: TCS CEO K Krithivasan
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Companies ramp up background checks on C-suite
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Firms rush to recruit chief AI officers amid tech frenzy
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India Inc lines up cool work plans for staff this summer
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Real estate sector needs more hands to plan, build & sell in boom time
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Tech Mahindra to hire 6,000 freshers in FY25
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The journey of a talent acquisition professional and mom
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Team Size Matters: From formation to collaboration
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Healthify cuts 27% workforce in restructuring exercise
"In the next 3-4 months, our India business will turn EBITDA profitable and this restructuring was an unfortunate but important step in line with achieving this. We also have to make sure we have enough resource allocation for the global expansion," Healthify co-founder and CEO Tushar Vashist was quoted as saying.
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Anglo American Platinum appoints Naidoo as CFO
Naidoo has been acting CFO since October 2023 when former CFO Craig Miller was appointed CEO of the world's biggest platinum group metals producer by value.
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Kenya Airways urges release of employees detained in DR Congo
The KQ employees, who work at the company's airport office in the DRC capital, Kinshasa, were arrested on April 19 by the Military Detection of Anti-Homeland Activities (DEMIAP) allegedly because of "missing custom documentation on valuable cargo", the airline said.
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HCLTech bucks trend again, headcount rises by 2,725 employees
The total employee base stood at 227,481 at the end of March 2024. In the preceding quarter, its employee count was at 224,756 ending December.
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German unemployment seen rising to highest level in almost a decade
The study, which was seen by Reuters ahead of its release on Friday, showed that unemployment will rise to an average of just under 2.8 million this year, the highest level since 2015.
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Daimler Truck faces imminent strike by over 7,300 US workers
"Workers' wages at Daimler have not kept up," he said on Tuesday. "The workers are going to come for their fair share. In the new UAW, we don't take concessions. We raise standards for everyone and we fight for what we deserve, and we're not afraid to strike to get it."
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Green careers report: Understanding green jobs and their increasing demand
Green jobs are on the rise globally, with India aiming to double its green job count. The industry focuses on upskilling, collaborating for R&D, and leveraging government initiatives to meet the demand for green skills.
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Solar panel plant coming to eastern North Carolina with 900 jobs
Boviet Solar along with Gov. Roy Cooper and other government officials revealed at an East Carolina University news conference the company's plans to invest almost $300 million in a 1 million square-foot (304,800 square-meter) advanced manufacturing facility in Greenville.
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Implats weighs 3,900 job cuts in South Africa as price rout takes toll
Mining companies in the world's top platinum supplier are shelving expansion projects, closing some operations, and letting go of thousands of workers in a bid to preserve cash as some metal prices plunge.
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Gender diversity still a long way away among CFOs as women still remain underrepresented
Among the top executives in the 2,328 NSE-listed companies in the country, only 50 women hold the post of chief financial officer (CFO) or director of finance, according to data put together for ET by Primeinfobase. In 2019, only 24 women held these positions in a list of 1,678 firms. The sample includes 2,140 Indian private companies, 79 PSUs and 109 global multinationals.
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Enel plans up to 2,000 new hires in Italy by 2026
Italy's biggest utility Enel plans to hire up to 2,000 workers by 2026 to boost its energy distribution business in the country, sector trade unions said on Thursday after negotiations with the company.
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BNSF becomes 2nd major railroad to sign on to anonymous federal safety hotline for some workers
BNSF will become the second major freight railroad to allow some of its employees to report safety concerns anonymously through a federal system without fear of discipline.