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HR MELTDOWN
Employee withdraws job application, but says HR screamed at him. What happened?A job seeker applied for a role expecting a pay increase but found the offered salary was significantly lower. Upon withdrawing their appli...- Hiring intent remains strong among startups despite job cuts: SurveyThere is likely to be a 20-25% increase in hiring of mid-to-senior talent by well-funded startups in ongoing quarter compared with a year e...
- Possible salary hikes, better workforce?The information technology industry added almost half-a-million workers in the year to March 2022, as revenues grew at their quickest pace ...
- 65% of CEOs keen to switch fields: SurveyThe reasons for this huge increase could be varied, but this is a trend that they approve of.
- Economic slowdown: India Inc starts trimming employee costs, average increments to be 8-11%Indian companies are focussing on trimming staff costs to weather the impact of an economic slowdown and to maintain competiveness in the f...
- Global slowdown to have limited impact on IT hiring: SurveyThe findings of the survey, which covered HR heads in leading companies, suggest that industry is today better prepared to deal with the cu...
- Recovering market sees more job hoppers, double-digit attritionWith revival in job market, attrition levels - especially IT and ITeS, are touching double-digit figures. India Inc opts for crisis manager...
- Ashok Leyland restores salaries of staff who took pay cutALL senior management team including MD, R Seshasayee, covering 3,600 executives besides 8,000-shop floor associates opted for the cut, 20%...
- Ashok Leyland rolls back salary cuts across boardAshok Leyland has restored salaries of its employees and executives, who voluntarily took a pay cut (ranging from 5% to 20%).
- Recession-hit IT industry to recover by mid-2010: InfosysThe recession hit IT industry would show positive signs of recovery by mid-2010 and Infosys will diversify into new markets then, a top com...
- Recession-hit IT industry to recover by mid-2010: InfosysIt's better to wait and understand that the recovery is real and will sustain, Infosys CEO K Gopalakrishnan said. Multinational IT in India...
- FMCG’s a hot favourite with B-school gradsThe fast moving consumer goods (FMCG) sector is back in the reckoning as the most popular job sector for management graduates in the wake o...
- Bouncing Back: Broking firms start hiring againA few local brokerage houses have started hiring selectively to strengthen their research and sales team.
- Troubled NRIs look homewardsThe global financial meltdown, coupled with the deep recession in the West, has compelled the troubled NRIs to look homeward.
- MBA aspirants, B-schools not affected by global meltdownThe global meltdown has not dampened the spirit of working executives, MBA aspirants or B-schools, as is evident from record number of cand...
- Slowdown forces cos to put hiring plans on holdRecruitments by companies have come to a virtual halt due to the global financial turmoil, said HR managers.
- Satyam Computers sacks over 30 employeesSatyam terminated over 30 employees on internal audit findings that they may have 'fudged' bills. Good reputation to help Indian IT cos: Ga...
- Satyam sacks over 30 employeesSatyam Computers has terminated over 30 employees following internal audit findings that they may have 'fudged' bills after being relocated...
- IT industry faces recession on US woesApart from the recession, it’s also the election year in the US and hence a lot of decisions are being put on the back burner
- IT firms to hire more despite dollar meltdownThe IT and ITeS firms generated enough jobs - accounting for more than half the jobs created by Indian industry in the last fiscal. Dealing...
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