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IT FIRMS HIRING DISCRIMINATION
Karnataka: CM Shivakumar asks pro-Kannada groups to stay away from IT firms, promises action on hiring biasChief Minister DK Shivakumar urged pro-Kannada organizations to avoid taking matters into their own hands amid recruitment concerns. Report...
AI could wipe out $200 billion of IT services work by 2030: BCGBCG’s Sreyssha George says Indian IT firms will have to rethink how they price work, hire freshers and pay AI talent, as clients move from ...
Executive search defies broader job market uncertaintyIndia's executive search firms are reporting strong growth despite layoffs, AI-driven disruptions and global economic uncertainty. Leading ...
Zensar’s Q2 net profit rises 4%, revenue grows 11%Sequentially, net profit rose 3.5%. Revenue grew 11.5% YoY to Rs 1,585.2 crore and 5.1% sequentially. In dollar terms, revenue stood at $16...
AI boomerang: What one should keep in mind if Microsoft, Barclays Bank, Kroger rehire sacked employees?Microsoft, Barclays Bank and supermarket chain Kroger are among the latest entries on a growing list of companies that have announced AI-re...
Cognizant’s Q3 PAT jumps 128% to $627 million, revenue climbs 4.6%Growth across its markets geographically and double-digit expansion in financial services as well as communications, media and technology b...
Why big IT firms are buying stakes in AI startupsFrom HCLTech's $150 million investment in Indian AI startup Sarvam to Accenture's investment in Within, an enterprise AI company, IT firms ...
Indian IT firms poised to benefit from enterprise AI adoption as infrastructure costs rise: ReportIndian information technology (IT) companies are well-positioned to benefit from the growing adoption of artificial intelligence (AI) by en...
IT firms navigate peak pessimism by prioritising growth in stable Q2Analysts said that artificial intelligence (AI) is becoming a significant revenue driver for the majority of Indian IT companies. However, ...
Dakota Johnson sold 3,210 square feet midcentury modern home in Los Angeles for $5.924 millionDakota Johnson has sold her midcentury modern home in Los Angeles for $5.924 million in June this year. The 3,210 square feet home overlook...
Goldman Sachs President John Waldron, who studied English instead of finance, was initially rejected by the bank; he now explains why he is rooting for English, history and philosophy graduates when asked about GS’ hiring strategy amid the AI boomGoldman Sachs President John Waldron emphasizes the importance of intellectual curiosity and analytical skills in hiring practices. He expr...
US moves to change green card sponsorship rules as PERM proposal clears federal reviewThe US Office of Management and Budget has completed its review of a proposed rule to revise the Permanent Labor Certification (PERM) progr...
Law firms make a strong case for hiring top litigation partnersDemand spans experience in commercial and corporate disputes, including regulatory matters, insolvency, white-collar crime, investigations,...
Karnataka's DK Shivakumar warns Bengaluru IT firms of action over alleged bias against KannadigasChief Minister DK Shivakumar expressed concern over job discrimination against Kannadigas in technology companies. He highlighted the serio...
Eternal’s strong Q2 report; Exits outpace hiring at top IT firmsHappy Thursday! Eternal’s Q2 revenue surged on Blinkit’s growth. This and more in today’s ETtech Morning Dispatch.
Software majors delete 24,000 jobs across IT and engineering in a yearOver the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,00...
Jefferies sees valuation upside in select IT stocks despite muted growth forecastJefferies has identified opportunities for further valuation gains in selected Indian IT stocks. While the sector experienced a sharp rally...
Can race-neutral school admissions policies still discriminate? What’s at stake in the US Supreme Court’s Maryland school caseThe US Supreme Court is set to examine the contested admission policy in Montgomery County affecting Asian-American students. The court's r...
Cloudera settles with the US government, barred from PERM program for two years over labour discrimination allegationsCloudera has agreed to a $2 million settlement amidst claims of discrimination against qualified American employees. The company will creat...
AI skills redraw entry-level jobs map as IT-BPM fresher hiring reboundsCompanies are moving beyond bulk recruitment and willing to pay a premium for AI-native talent as routine work gives way to specialised rol...