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TECH INDUSTRY HIRING FREEZE
Calcutta HC asks private bank to disclose corpus in TMC bank accountsThe Calcutta High Court has ordered a private bank to reveal the funds in the Trinamool Congress's frozen accounts. The court is examining ...- Medical device maker Zimmer Biomet to hire 500 employees in 3 years for tech centre in IndiaMedical device giant Zimmer Biomet is set to significantly expand its Indian footprint by hiring 500 professionals over three years for its...
- Consumer firms to create nearly 5,000 jobs in 2 years as India outshines global marketsLeading consumer companies are injecting significant investment into India, creating nearly 5,000 new jobs over the next two years. This ex...
- US private sector job growth misses expectations in June: ADPUS private sector job growth in June fell short of expectations, adding only 98,000 positions. This marks a slowdown from May's figures, wi...
- VC fundraising hits wall; WhatsApp’s new privacy headacheIndian VC firms are facing their hardest fundraising year in a decade as LPs tighten filters and demand cash returns. This and more in toda...
- Techie, who left Rs 25 LPA job to get a Master’s degree abroad, reveals truth of job market: ‘Companies which were paying well in 2022-23…’A tech professional's decision to pursue a master's abroad backfired, leaving him jobless overseas and facing limited prospects upon return...
- AI skills power nearly two-thirds of new GCC hiring in IndiaIndia's white-collar hiring saw a dip in June, yet its Global Capability Centres (GCCs) are booming, especially in AI. GCCs are shifting fr...
- 'Built for parents, not students': Ankur Warikoo's take on why most Indian EdTech companies struggledEntrepreneur Ankur Warikoo has ignited a discussion on India's EdTech sector, asserting that many companies prioritized parents over studen...
- Orchestration layer is new battleground for Indian AI talentRecruiters told ET that hiring for standalone prompt engineering roles has plateaued as companies increasingly seek engineers who can build...
- Amazon's AWS commits $1 billion toward new unit for embedded AI engineersThe company is committing an initial $1 billion to the initiative with the goal of sending five to six pods of engineers to customers for 4...
- Bitcoin miner and AI firm Ionic Digital files for Nasdaq direct listingThe company was formed in January 2024 to acquire the cryptocurrency mining assets of Celsius Mining, a subsidiary of Celsius, which recei...
- Alphabet debuts in Dow Jones Industrial Average as index tilts toward techIts shares rose 3.7% to $350.24, offering one of the biggest boosts to the 30-member Dow. The company replaced Verizon on the index, S&P ...
- Beijing can withstand trade freeze with EU: ReportThe account said the EU has altered its approach after an electric-vehicle subsidy probe, using pressure and conditions to strengthen its n...
- Techie recalls 12-round Goldman Sachs interview in Bengaluru, says he rejected offer after he was asked to solve "silly logical puzzles"A tech professional's 12-round interview ordeal at Goldman Sachs concluded with an unexpected logical puzzle, leading him to withdraw his c...
- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- No vacancy at home: Worsening job market greets H-1B returneesIndian tech professionals returning from the US, including H-1B visa holders, face a challenging job market back home. Layoffs at major US ...
- Mind Games: Talent wars heat up as AI startups take on Big TechA fierce talent war is raging in the AI sector, with tech giants like Google facing significant researcher departures to rivals OpenAI and ...
- Kunal Shah’s WhatsApp coronation is a masterclass in dealmakingShah is stepping down as Cred’s chief executive, with finance and strategy head Miten Sampat taking over on an interim basis. Shah becomes ...
- Inside Meta's India investments: First Reliance, now CredThis was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tec...
- DU announces second round of PG seat allocations; over 8,000 admissions confirmed after first roundUniversity of Delhi has confirmed 8,150 postgraduate admissions after the first round, with 2,964 new allocations in the second round for t...
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