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Current Recruitment News
IT sector will create new models, different jobs: S Gopalakrishnan, co-chairman, Infosys
Infosys Technologies co-chairman S Gopalakrishnan took over the helm of the Confederation of Indian Industry (CII) this month. He spoke to ET’s Vikas Dhoot and Shelley Singh about the challenges ahead for India’s investment climate and though he didn’t discuss Infy’s latest quarterly results, he did say that the IT sector needs to evolve new models.
Vodafone Germany cuts 500 jobs, outsources to India
Vodafone Germany will eliminate 500 jobs by 2015 and re-asisgn the position to India and Romania, where it can hire cheaper labor. German-language newspapers RP Online and Frankfurter Allgemeine both reported the plans to cut jobs Tuesday, after obtaining copies of an internal letter written by Vodafone Germany CEO Jens Schulte-Bockum.
In the letter, Schulte-Bockum said the company could not afford high salaries in such a tough operating environment.
Indian investments created Three times more jobs than Chinese
Investments by Indian companies into Europe have created 3 times more new jobs on the continent than the Chinese investments have, a report says.
The Euro 43 billion invested by Indian companies between 2003 and 2012 has created 40,000 new jobs in greenfield projects, which is Three times the ones created by Chinese firms, a report by The Europe India Chamber of Commerce (EICC) said.
Media business set to double, creating jobs
India’s media and entertainment business is predicted to double in size to Rs.1.66 trillion by 2017, offering the prospect of being an employment generator without having large public investments, Star india chief officer (CEO) Uday Shankar said on tuesday. Shankar aforesaid, however, that the biggest challenge facing the industry was the threat to freedom of expression, sounding a warning regarding the growing climate of intolerance in india.
Job market in India to improve this year
Jobs in India will be back by the end of this year as most global enterprises are likely to resume their expansion activities , after having put them on hold for over a couple of years now , said Pamela Berklich , senior vicepresident , Kelly Services , a global recruitment process outsourcing services firm
Jobs generation gets a boost as India Inc unfazed by slowdown
Unperturbed by the worldwide economic and political uncertainty, India INC continues to believe the India story as there’s an expectation among a major range of corporations of improvement employed opportunities within the fourth quarter of this financial .Despite the sluggish economy, the Business Outlook Survey by trade chamber Confederation of Indian industry (CII) for January-March 2013 revealed that fifty one of the corporations expect no modification in their employment levels whereas 22.4% expect it to say no. quite half-hour of the corporations saw a fall in their employees levels in October-December 2012.
The Indian IT & IT’S sector has the potential to create over thirty million jobs by 2030
The Indian IT & IT’S sector has the potential to create over thirty million jobs by 2030, Union minister of state for communications & IT Dr Killi Kruparani has said.
Currently, the sector provides direct employment to concerning 2.8 million and indirect employment to concerning 8.9 million. this can be expected to grow to over fourteen million by 2015 and to concerning thirty million by 2030.
SECURITY AND INFRASTRUCTURE MANAGEMENT ARE HOT JOBS AMONG IT SECTOR
Information Technology firms may need caught up hiring whereas deferring connection dates of freshers, however niche jobs within the sector area unit active and upbeat.
While traditional jobs in software package development or programming are arduous to return by, jobs in IT security or infrastructure management services are growing providing new career channels to freshers.
More Than two-thirds of Indian employers hire in 2013
India has emerged as one of the most optimistic economies in the world where more than two- thirds of employers are planning to add full-time and permanent workforce in 2013.
According to CareerBuilder's first annual job forecast for the 10 largest world economies, as many as 67 per cent of Indian employers plan to increase full-time permanent workers this year, 13 per cent plan to decrease and 17 per cent are expecting to make no change in the number of staff.
Nokia to transfer 820 jobs to TCS, HCL Tech
Finnish mobile phone maker Nokia said it will cut over 1000 IT jobs, including 820 employees who will be transfered to HCL Technologies and Tata Consultancy Services, as part of an already-announced restructuring.
It said 300 jobs will be cut altogether, and that most of the reductions would be in Finland.
TCS has been operating in Finland for about 10 years, servicing clients such as Nokia Siemens, ABB and Telenor. The job cuts are part of Nokia's plans to cut 10,000 jobs, including 3,700 in Finland.
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