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TECH TALENT CRUNCH
Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.- The great $100-billion tech shift: GCCs tighten grip on India’s talent marketIndia's Global Capability Centres (GCCs) jobs: India's Global Capability Centres (GCCs) are rapidly outpacing traditional IT services, driv...
- Global firms rethink GCC hiring in India as AI shifts skill demandGlobal firms in India are hiring cautiously. Artificial intelligence is changing job roles, making it harder to find talent with advanced t...
- Accounting tech startup Atlas raises $6 million in round co-led by Accel, StellarisThe company will use the fresh funds to expand its AI platform, grow its network of partner accounting firms, and accelerate go-to-market e...
- Meet Trapit Bansal, Meta’s new AI superintelligence team hire - Is Meta poaching top talent from OpenAI?Meta has poached Trapit Bansal, a key AI researcher from OpenAI who contributed significantly to their early AI reasoning and reinforcement...
- Naukri bug exposed recruiter email IDs via mobile apps: ReportSecurity researcher Lohith Gowda, who discovered the issue, said it was caused by a flaw in the API used by Naukri’s Android and iOS apps. ...
- India grappling with a dearth of agentic AI expertsIndia is grappling with a critical shortage of agentic AI professionals as demand surges, driven by the shift towards sophisticated AI agen...
- Most Indian accountants overwhelmed by tech change pace, finds ACCA surveyThe Global Talent Trends Survey 2024 by the Association of Chartered Certified Accountants (ACCA) reveals that 60% of Indian finance profes...
- Small companies sign up talent as Big Tech sheds staffAccording to staffing firms, demand for tech jobs still remains high in the US, only that this demand is coming from non-tech companies lik...
- 65% Indian firms employing gig workers to tackle tech talent crunch: Nasscom reportNearly 65 per cent of Indian firms are currently employing gig workers, a higher share compared to 57 per cent in 2020, a Nasscom report sa...
- About 66% of FDI in electronics, manufacturing happened over last 3 years: Rajeev ChandrasekharIn the next six to seven years, India will be a $1 trillion digital economy, he said at the Global Investors Meet (GIM) Invest Karnataka 20...
- India's TCS sees fall in staff attrition, robust demand for IT services: executiveTCS' rate of staff attrition, the percentage of those retiring or leaving for other reasons, rose to 17.4% in the quarter-ending March 2022...
- Luxury cars to flexi hours, tech companies go all out to retain talentAs a fierce war for talent rages, tech ventures see staff happiness quotient as critical not just for retention but business growth too.
- To battle the tech talent crunch, IT firms shift to smaller citiesAn increasing number of companies are tapping resources at these locations due to greater availability of talent, lower cost and attrition ...
- Wipro's Rishad Premji bats for hybrid work amid churn in tech talentEmployees need to communicate and connect with each other in order to foster a sense of belonging with their organisations, Wipro Chairman ...
- Inside the war for tech talent in IndiaThe size of the digital talent gap is summed up by the fact that India will struggle to meet tech resource requirements for the next 3-4 ye...
- India’s Top 5 IT firms nearly matched FY21 hiring numbers in H1 FY22TCS, Infosys, Wipro, HCL Technologies and Tech Mahindra Ltd added 122,546 employees in April-September 2021. That compares an estimated 138...
- Tech Mahindra CEO expects talent crunch to continue for the next three quartersTech Mahindra CEO CP Gurnani said the company had anticipated the talent shortage and had been working on ways to deal with it.
- Tech talent crunch in 2020 likely to go up to 200,000The profiles in demand include information security analysts, cloud engineers, network analysts, cybersecurity experts, digital transformat...
- Tech companies face talent crunch in cloud, dataThe Belong study looked at 5 lakh candidate profiles across 1.5 million jobs. Shortages typically lead to surge in salaries, till supply pi...
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