In 2023, the company announced a large-scale layoff of 10,000 employees, marking the start of its restructuring efforts.
Tag: jobs
Hiring sees 9% YoY rise in Dec 2024; AI/ML, Healthcare, FMCG drive growth: Naukri
The advertising/PR/events industry witnessed a 4 percent YoY decline in hiring in December 2024. Besides, the Media & Entertainment industry also saw a 6 percent drop in job activities
India sees steady increase in entry-level digital marketing jobs in 2024: Report
According to Kraftshala, Bengaluru remained the top choice for competitive compensation, with 28 percent of roles in the city offering higher CTCs.
From Paytm to Flipkart, India’s top startups let go of thousands of employees in 2024
In 2024, Paytm accounted for 3,500 layoffs, which represented 49 per cent of the total layoffs. Other notable layoffs included Flipkart (1,100-1,500 employees), Unacademy (900 employees), Byju’s (500 employees), etc.
Female directors earn 44% less than male counterparts: Report
Women directors constitute only 18.4 percent of the board director positions and only 10 percent of the Key Managerial Personnel, according to the ‘Mind the Gender Gap’ report by the CFA Institute.
India’s job market to grow 9% in 2025, driven by IT, Retail, and BFSI sectors: Foundit
The foundit has predicted that the IT-software jobs could see the growth of 15 percent in 2025, followed by the Retail sector (12 percent), Telecommunication (11 percent), and BFSI (10 percent), respectively.
Less than 2% of higher education institutes offer work-linked degrees: TeamLease report
TheTeamLease data showed that 80 percent of the respondents believed that work experience on their CV improved their chances of securing high-paying jobs, while 40 percent identified financial independence as a key driver behind their preference for work-linked degrees
B-School placements: Digital marketing, social media managers, among most in-demand roles for freshers
Market headwinds have hit MBA grads’ hiring and startups have cut back on fresher intake, staffing firms indicate.
PM Internship Scheme: Can Rs 5,000 stipend make a difference? Here’s what experts say
Under the PMIS Scheme young individuals aged 21-24 years from low-income households will get 12-month internship opportunities in the country’s top 500 companies
Gig economy booms: 1.2 million roles posted in festive season 2024
In 2024, gig worker demand surged by 10 percent, pushing the total demand to 22 percent compared to 2023