Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.
Author: Mansi Jaswal
Flexibility, and career growth drive white-collar job market to 10% quarterly growth: Indeed
Indeed’s report mentioned that for job seekers, flexibility has become a non-negotiable factor when choosing new roles. Consequently, employers, eager to attract and retain top talent, are transforming traditional work models to meet these demands.
Consumers demand human-like AI interactions, trust AI agents with empathy: Report
Personal AI assistants, like Siri and Alexa, have also become integral to daily life, leading consumers to expect assistant-driven experiences in customer service
E-commerce, tech startups lead hiring sentiments for freshers: Report
Freshers hiring intent was lowest in Marketing and advertising industry during H2 2024 at nine percent, and in the media & entertainment sector, it was at 15 percent–3 percent down from H1 2024
India’s AI adoption rate surpasses global average, reveals survey
80 percent of Indian leaders use AI daily or several times a week, compared to 70 percent of employees, a study commissioned by Zoom has revealed
Ola Electric to lay off 500 employees in restructuring exercise: Report
Ola Electric’s consolidated loss narrowed to Rs 495 crore in the July-September quarter from Rs 524 crore a year earlier
Hero MotoCorp plans to invest heavily in marketing and create ‘power brands’
Hero MotoCorp will be focusing on marketing investment to create ‘power brands’. “Now is the time to ramp up brand building, brand awareness and communication around these brands,” said CEO Niranjan Gupta.
90% of CMOs see media as strategic driver of growth
CMOs have intended to increase investments in short-form content (45 percent), social commerce (43 percent) production/ sponsorship of original content (43 percent), influencer marketing (42 percent), and retail media networks (41 percent), according to a Dentsu study.
Honasa issues clarification on distributors’ body reports and social media conversations
Earlier this week, the AICDF was concerned over the “unethical stock dumping practices” of Honasa
Parle Agro increases ad spend by 17.7% to Rs 278.38 crore in FY24
Parle Agro’s profit plummeted 89.1 percent to Rs 17.29 crore in the fiscal year 2024 compared to Rs 158.78 crore in FY 23