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

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

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

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

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