Job & Career News

Job & Career News LinkedIn launches localised hiring solutions for India   Professional networking site LinkedIn unveiled localised hiring solutions for the Indian market, a move aimed at helping recruiters tap the vast talent pool. Corporation Bank to hire 1,000 people by September   State-run Corporation Bank plans to hire 1,000 people by September as it is going on adding 200 branches every year. HCL, ITC, Cisco, others up their hiring during slowdown   As the economy shows signs of volatility, firms are grabing the opportunity to hire the best talent at a low cost and fuel the pace of growth. Hiring agents throng wedding halls for right candidate   Recruiters at staffing firm TeamLease have asked their friends to print job openings in their wedding invites. Only 12 women CEOs or President in Fortune 500   The issue of why there are still not enough women in the executive suite, and indeed why there is still a significant gap in pay between men and women, have been chewed over and argued for years. Temporary staff - the in-thing in IT companies   Number of temporary staff employed by tech firms has gone up dramatically in the past 2 years; they've been quietly hiring more temp staff for many quarters now. IT firms not stealing jobs from US, Europe: India Inc   Also, a message emerged from British PM's advice to EU that instead of being a threat, emerging economies like India can be of great help to Europe. HCL Tech to create 10,000 jobs in US & Europe   HCL Tech CEO Vineet Nayar said the company would create these jobs for fresh engineers through partnerships with local govts and others. Global banks cutting jobs in India at ruthless pace   Global banks Citigroup, HSBC, BofA Merrill Lynch are slashing jobs at a time PSU banks such as PNB & Union Bank are estimated to hire over 45000. Long hours at work doubles depression risk: Study   British white-collar workers who spent 11 hours or more at work each day faced double the risk of depression as those who worked seven-eight hours a day. Odgers Berndtson sets up India operations   Odgers Berndtson is making a foray into Indian market with establishment of its first office in Delhi & plans to expand its reach to other metros in future. Labour output in India drives South Asian growth: ILO   India has been behind the robust economic growth in South Asia, but it was largely due to a rise in labour productivity rather than increase in jobs. Citigroup Inc says to cut about 100 jobs in India   Citigroup Inc said it will cut about 100 jobs in India, where it has been expanding rapidly, while reiterating that the country remained among its highest priority markets. # Economic Times