IT HIRING
Qualcomm initiates India layoffs: Here’s how much employees will get in severance
Qualcomm has begun implementing planned job cuts globally, affecting employees in India and the US (in California).
Rippling steps up AI hiring in India, looks to expand enterprise push
The firm is hiring principal engineers, senior staff engineers and senior directors among others as the lab focuses on developing core components of Rippling’s global AI platform, Parandekar told ET in an exclusive interaction.
Qcomm’s Diwali boost; Energy startups attract funds
Happy Wednesday! Quick commerce powered a strong festive season for D2C brands. This and more in today’s ETtech Morning Dispatch.
Manchester United dysfunction leaves Carrick waiting to learn his fate
Michael Carrick’s future as Manchester United manager is hanging in the balance after the club’s troubled start to the season left them in the Premier League relegation zone. Carrick was expected to be dismissed but remained in charge after Tuesday’s training session, with his fate set to be decided by co-owner Jim Ratcliffe, CEO Omar Berrada and football director Jason Wilcox at a meeting in Monaco. The uncertainty reflects a recurring pattern at Old Trafford, where managerial decisions have repeatedly been delayed or reversed. Erik ten Hag, Ruben Amorim and Dan Ashworth all endured turbulent spells amid disagreements and shifting plans.
Pannun case: US serves summons to NSA Ajit Doval, former RAW chief Samant Goel
The US State Department has served summons to NSA Ajit Doval and former RAW chief Samant Goel through diplomatic channels in a civil lawsuit filed by Sikh separatist Gurpatwant Singh Pannun. The case relates to an alleged assassination plot against Pannun. India has termed the lawsuit "frivolous, fabricated and malicious" and questioned the route used to serve the judicial documents.
H-1B visas in focus :IBM to end green card sponsorship for roles in biggest unit
IBM is ending H-1B visa and green card sponsorship for most roles in its consulting division, its largest business unit with more than 150,000 employees, amid the Trump administration's crackdown on the visa programme. Affected employees can continue working for the company outside the US or leave by the end of the year, according to an internal document seen by Bloomberg.
- Go To Page 1
AI training startup Mercor valued at $20 billion in latest funding round
Mercor said on Tuesday it had raised $750 million in a funding round that valued the AI training startup at $20 billion. The Series D round drew participation from Benchmark, Felicis, Fundomo, Nvidia and funds managed by affiliates of Apollo, among others.
Vanishing vessels and missing sailors: The Iran war's human cost at sea
Naveen Kumar's mother, V. Pandiselvi, has not heard from her son for over six months. Kumar and five other crew members disappeared while onboard Iran-linked cargo vessels in May. Families face emotional turmoil and financial stress amid the ongoing conflict affecting shipping routes. The Indian recruitment agency has failed to provide information about sailors’ repatriation or safety.
Is your HR strategy creating measurable impact? This could be the time to get it recognised
The Economic Times HR Excellence Awards 2027 shine a light on exemplary HR practices within various organizations, teams, and leaders. Encompassing 42 categories, the awards highlight significant accomplishments in realms like HR transformation, talent acquisition, employee experience, and workplace culture, showcasing how effective people strategies can directly enhance business performance.
Fires, protests, pollution: How Apple's supply chain woes in India have caused troubles over the years
Three contract workers lost their lives due to asphyxiation at a Tata Electronics factory in Hosur. This incident has prompted investigations by the companies involved and the Tamil Nadu state government. Recent years have witnessed various operational issues at Apple supplier facilities, leading to heightened scrutiny. Apple's supply chain in India continues to face challenges amid efforts to diversify from China.
Samvat 2083 begins: Will the good times roll for Indian businesses?
Samvat 2083 begins with Indian businesses entering the new year on a note of cautious optimism. Strong GST collections, festive demand and the RBI’s upgraded FY27 growth forecast point to economic resilience. But weak hiring, easing manufacturing momentum, food inflation and crude oil risks cloud the outlook.
Job market dark reality: Man attends 55 interviews after applying for over 175 roles, gets no offers, says, 'Doesn't know what else to do...'
In a relentless job search, a determined candidate has submitted 175 applications and participated in 55 interviews but has yet to secure an offer. After advancing to the final round 25 times, financial pressure has mounted due to exhausted unemployment benefits. To increase their chances, they have turned to artificial intelligence for targeted job hunting, highlighting the struggles faced by many in today’s demanding employment landscape.
US employers added a surprising 165,000 jobs in October; unemployment rate dipped to 4.1%
US employers added 165,000 jobs last month, surpassing economists' expectations and bringing the unemployment rate down to 4.1%. The Labor Department also revised previous months' job figures upwards, indicating stronger hiring trends.
Pro Kannada outfit meets Bengaluru airport firms, presses for higher local hiring
Kannada Rakshana Vedike held discussions to address local hiring concerns with companies at Kempegowda International Airport. KRV president T.A. Narayana Gowda emphasised the need for fair employment opportunities for Kannadigas. Several organisations participated in the meeting and expressed commitment to increase local hiring. Chief Minister DK Shivakumar encouraged private employers to utilise Karnataka's talent pool more effectively. The organisation plans further outreach to enhance employment for locals in various sectors.
Internship stipends rise at top B-schools as recruiters step up hiring
Recruiters are focusing on summer internships for hiring, offering higher stipends for the 2026-28 batch. Top business schools like IIM Calcutta and IIM Lucknow report increased median stipends and recruitment participation. IIM Kozhikode has noted an improvement in pre-placement offers and conversions from internships. New recruiters have joined the hiring process, diversifying opportunities for students.
AI gains fail to cool rising staff costs at Indian IT services firms
Although artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to bring down employee costs for the country’s top six IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTM (formerly LTIMindtree).
Indian GCCs set to add 35k jobs in 2027
ANSR expects these jobs – ranging from 30,000 to 35,000 - to be added by 160-175 new greenfield GCCs amid an increasing number of inquiries from US mid-sized companies. The caveat emptor: Experts say this interest is yet to translate into plans for large-scale relocation of jobs from the US.
US weekly jobless claims at 57-year lows amid low layoffs
Initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 189,000 for the week ended October 31, the Labor Department said on Thursday. Economists polled by Reuters had forecast 196,000 claims for the latest week.
Karnataka: At IKEA store launch, Shivakumar seeks more jobs for Kannadigas
Chief Minister DK Shivakumar inaugurated IKEA's second store in Bengaluru, urging the company to prioritize local hiring. He emphasized the need for greater employment opportunities for Kannadigas within the private sector. Additionally, Shivakumar encouraged IKEA to strengthen ties with Karnataka's small and medium enterprises for sourcing furniture.
GCCs ramp up hiring for AI, data, cybersecurity professionals; face talent shortage: Report
India's GCCs are directing a greater share of technology recruitment towards specialists who can deploy AI, manage data and secure enterprise systems, according to the India GCC Tech Talent Landscape - Q2 FY27 Report by staffing and workforce solutions provider Quess Corp.
68.4% respondents in survey plan job change in 2027; half seek 31%-plus pay hike: Survey
According to a recent survey, 68.4 percent of Indian professionals are planning to explore new job opportunities in 2027. Career growth is identified as the primary motivation for changing jobs, with high salary expectations influencing decisions as well. The report highlights that most professionals feel confident about their job prospects in the evolving job market. Many are actively engaged in upskilling, especially in AI.
AI, data, cybersecurity lead tech hiring with 30.3% share in September quarter
In India, the demand for roles in AI, data, and cybersecurity within Global Capability Centers (GCCs) has surged, even amid a slight overall hiring decline. AI and data professional roles saw a 14% increase quarter-on-quarter, while cybersecurity positions grew by 12%. Notably, tier-2 cities like Coimbatore achieved a remarkable 30% growth. By 2030, the GCC workforce in India is projected to reach between 2.7 and 2.8 million.
Four UK universities in India offer early recruitment access to 250 postgraduate students graduating in 2027
Four UK universities operating campuses in India are scheduling a placement week for postgraduate student recruitment. This initiative allows employers to interview candidates before graduation and streamline hiring processes. Students participating have an average of 2.4 to three years of work experience across multiple industries.
Digital recruitment is creating a new cybersecurity risk for employers
Online hiring has made it easier for companies to reach candidates across locations, but it has also exposed recruitment processes to identity fraud, manipulated assessments and misuse of personal information. HR teams are increasingly responsible for protecting the integrity and security of the hiring process.
From enterprises to SMBs: How Flashfox AI plans to change the hiring game
GetWork’s AI hiring business, now spun off as Flashfox AI, is targeting 500 enterprise clients in the next 24 months as it expands into Southeast Asia and the Middle East.
Kannada activists visit Bengaluru firms, seek data on local hiring in private sector
Kannada Rakshana Vedike activists have begun visiting IT companies and large retailers in Bengaluru, seeking details of Kannadigas in their workforce, recruitment trends and local hiring initiatives. The month-long campaign has drawn criticism from sections of the industry, with entrepreneur TG Ramesh warning that such visits could create uncertainty for businesses.
US job openings increase sharply by 333,000 in September
In September, the US saw a notable increase in job openings, showing a rise of 333,000. Layoffs fell to 1.641 million, providing evidence of a resilient labor market. Hiring activities also increased, reflecting a hires rate rise from previous months. However, concerns regarding the ongoing US-Israeli conflict with Iran may be impacting hiring decisions. Economists maintain that the labor market remains characterized by stable demand and low layoffs.
Kannada groups defy CM DK Shivakumar’s request, visit IT firms demanding hiring data
The visits are part of Kannada Rakshana Vedike's Agraha Abhiyana, a campaign focused on local employment in the private sector. The visits defy Chief Minister DK Shivakumar’s request that pro-Kannada outfits must not take the law into their hands and create problems at IT companies.
Kannada activists visit Bengaluru IT firms, seek data on local hiring
Kannada activists are actively engaging with IT firms in Bengaluru regarding local employment statistics and hiring practices. They are gathering information about the number of Kannadigas employed and recruitment trends in these companies. The activist group plans to protest if companies refuse to share this requested information. Chief Minister DK Shivakumar has stated the government will investigate complaints about local hiring discrimination.
Load More
