Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift in focus toward artificial intelligence, according to a memo seen by Reuters on Thursday. The cuts — representing about 6% of the HR technology segment workforce — are mostly in the U.S. […]
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About 90 out of 100 senior tech professionals earning between ₹45 lakh and ₹70 lakh per annum today carry “a solid fear of losing jobs on their faces,’’ observed an IT sector recruiter who had interviewed them for various positions in the last one month. This fear seems to be spreading rapidly among techies. Following […]
Continue Reading.JPG "New jobs open up in IT sector in Kerala, but threat of layoffs looms too")
The post-COVID-19 period has been a fruitful one for the IT sector in Kerala, as far as hirings are concerned, with a considerable number of opportunities opening up for freshers and lateral entries. However, of late, the news of massive layoffs by tech giants in the Silicon Valley, as among some startups in India, has […]
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Layoffs: People take a photo at Meta corporate headquarters in Menlo Park, California on November 9, 2022. – Facebook owner Meta will lay off more than 11,000 of its staff in the most difficult changes made in Meta’s history, according to CEO Mark Zuckerberg | Photo Credit: JOSH EDELSON In 2020, the number of people […]
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