46% of private sector employees concerned about job security in 2024: Survey

46% of private sector employees concerned about job security in 2024: Survey

A survey by AmbitionBox, a platform for company reviews and salary insights, has revealed that 81% of respondents were happy with the hybrid or remote work model in 2023. A substantial 52% of employees expressed a desire for its continuation in 2024, underscoring a widespread reluctance to return to a conventional 5 or 6-day work … Read more

Service sector emerges as highest employment generator this year: Survey

Service sector emerges as highest employment generator this year: Survey

The service sector has emerged as the highest employment generator this year, finds a new survey. The market exhibited a 5-7% y-o-y growth in hiring with hiring standing at around 16% last year. In 2022, flexi mode, white collar and blue collar workforce were onboarded actively across service sectors. It was followed by FMCG and … Read more

Caste and religion are less likely criteria in Chennai than in Bengaluru for hiring domestic workers: study

Caste and religion are less likely  criteria in Chennai than in Bengaluru for hiring domestic workers: study

The findings of a survey, conducted by the Indian Institute for Human Settlements (IIHS), have shown that people in Chennai are far less likely to give importance to caste and religion while hiring domestic workers than those in Bengaluru. The study showed that only 12%-14% of the surveyed households across different income groups in Bengaluru … Read more

Apple Said to Slow Hiring, Spending Growth for Some Teams Next Year

Apple Said to Slow Hiring, Spending Growth for Some Teams Next Year

Apple plans to slow hiring and spending growth next year in some divisions to cope with a potential economic downturn, according to people with knowledge of the matter. The decision stems from a move to be more careful during uncertain times, though it isn’t a companywide policy, said the people, who asked not to be … Read more

Apple Said to Slow Hiring, Spending Growth for Some Teams Next Year

Apple Said to Slow Hiring, Spending Growth for Some Teams Next Year

Apple plans to slow hiring and spending growth next year in some divisions to cope with a potential economic downturn, according to people with knowledge of the matter. The decision stems from a move to be more careful during uncertain times, though it isn’t a companywide policy, said the people, who asked not to be … Read more

Sebi begins hiring drive ahead of LIC IPO, to recruit 120 execs in 4 months

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Capital markets regulator Securities and Exchange Board of India (Sebi) has started a drive to recruit 120 senior executives as it beefs up headcount ahead of the initial share sale by Life Insurance Corp. of India, in what will be the nation’s biggest public issue. Sebi will be recruiting experienced officials across legal, information technology, … Read more

Unemployment rate touches 8.3% in August; 1.9 million jobs lost: CMIE

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The unemployment rate in India bounced back in August and touched 8.3% compared to 7% in July with 1.9 million jobs lost in the country last month, mainly from the farm sector, the Center for Monitoring Indian Economy said. This has led to a dip in the employment rate from 37.5% in July to 37.2% … Read more