Campus hiring by the Indian IT industry is looking at a 50 per cent drop for the upcoming campus season, reflecting a significant downturn in the traditionally robust hiring trends of the sector. The IT industry has had a very subdued CY2023, with financial performance across all major IT players in the country taking a […]
The first phase of the placements have closed in the top Indian Institutes of Technology (IITs) campuses in Delhi, Kanpur, Mumbai, Guwahati, Roorkee, Chennai, and Kharagpur. According to data from Careernet, about 40-45% of students were placed in the first phase, as opposed to the 52-55% seen in previous years. Anshuman Das, CEO of Careernet, […]
Hiring in India’s IT sector has hit an all-time low. Let’s dig deep to find out what’s behind this dip in hiring. Watch video
While much is being written about layoffs of employees, what is not being discussed enough is C-suite executives, especially CEOs, getting laid off, unless it’s the highly visible board-CEO differences as we saw being played out in the recent Open AI leadership announcements. What should a CEO do after layoff? “They can use this opportunity […]
Despite a market slump and macroeconomic headwinds, compensation packages at the country’s leading Indian Institutes of Technology (IITs) remains at the same level as the previous two years, but they are anxious about fewer placements in the next round, according to an analysis by Careernet, a campus-to-boardroom talent solutions company. The median CTC in FY24 […]
Salary, corporate brand and work culture often push individuals towards accepting or rejecting job offers. But how should early career professionals, especially someone just starting out, choose the best company possible while starting their careers? Let’s closely weigh the three factors — work culture, pay and brand image — against each other while answering this […]
Mass layoffs, decline in hiring, and delayed onboarding have triggered increased volatility in India’s employment landscape. This does not bode well for freshers trying to break into the job market. Both white-collar and blue-collar hiring have significantly declined, with major repercussions for several industries like e-commerce, logistics, the IT and Technology sector, etc. IT services […]
Many techies, especially those in program manager roles, have been finding it tougher to find job opportunities as their functions are getting replaced or transitioning, which requires additional or a different set of skills. This is a part of the wider layoffs in the tech industry. In 2022, over 1,000 tech companies laid off over […]
Working from the office, home or in the hybrid mode — leaders at various organisations have for months been pondering over the best choice for their companies. Some organisations, especially in the IT sector, recently issued strict orders asking their mid-career professionals to return to the office. Some return-to-office mandates had led to the rise […]
Narayana Murthy joined the list of tech leaders Elon Musk and Jack Ma who want workers to commit long working hours. It’s in contrast to India’s labour laws. Is Murthy’s 70-hour-work-week a fair ask? Watch video
