Workforce

Karnataka’s ‘AI Workforce Impact Survey’ invites responses from industry leaders, HR heads, tech professionals, and academia; open till June 27.

AI poses a bigger threat to women's work, than men's: Report

It found 9.6% of traditionally female jobs were set to be transformed compared with 3.5% of those carried out by men as AI increasingly takes on administrative tasks and transforms clerical jobs, such as secretarial work

India’s power sector facing shortage of skilled workforce?

The government is actively looking to increase its skilled and professional manpower base to tackle dynamic fields such as cybersecurity and Artifical Intelligence (AI) as the country plans to increase its transmission grid network by 34 percent till 2030, according to senior officials in the Ministry of Power.

Bullish on AI, Fulcrum Digital to increase global workforce to 3,000 in two years

The New York-headquartered firm has a current global headcount of over 2,000, with 95 per cent of its workforce in India.

'Room for improvement here': Musk on slow-moving federal retirement process at old Pennsylvania mine

Musk, in the Oval office alongside US President Trump on February 11, explained how an old limestone mine in Pennsylvania only allows 10,000 employees to retire per month because of the slow manual processing of paperwork.

In India, women hold up a third of the sky

The CAMS Survey, the PLFS and the World Bank’s South Asia Development Update all point to the need to have more women in the labour force. But we need to create more and better jobs first

AI Agents: The future of task management and workforce productivity

AI assistants with agentic reasoning can work as human proxies which can help harness their potential to drive economic growth, and foster a more creative and productive society. The technology exists and now the responsibility lies with us to identify the tasks that can be delegated to these agents

Youth workforce needs enhanced skills to sustain job market chaos

Several reports have highlighted the growing ‘employability gap’ among Indian youth. The age of business transformation demands that early-stage employees are equipped for a disruptive future at work. A good grasp of technical knowledge of artificial intelligence and cybersecurity as well as interpersonal skills can add to the job readiness of recent and aspirational graduates

25% of new hires at Tamil Nadu plant are married women, clarifies iPhone maker Foxconn

In an informal note shared with the government after reports suggested it is not hiring married women, Foxconn stated that such stipulations are not part of its policy and these claims may have been made by those individuals who were not hired, sources said.

Dell reduces workforce as part of broader cost cuts

The layoffs come after sluggish demand for its personal computers for nearly two years partly contributed to a 11% drop in revenue in fourth-quarter earnings posted last month.

What SME leaders should do to create the future workplace

As the landscape of work and workplaces continually evolves, SMEs need to adapt to emerging trends, technological advancements, and changing workforce expectations to remain competitive, and drive a productive and engaging workplace

Adoption of AI and automation will require 16.2 million Indian workers to upskill by 2027

India’s tech-hub Bengaluru is seeing the highest demand for tech talent specifically in Gen AI and automation, according to the report.

Amazon India inks pact with 5 states to empower Persons with Disabilities

The memorandum of understanding which extends until 2026 aims to provide skilling and employment opportunities to PwD candidates in the five states.

76% Indian workers feel stress affecting productivity: Survey

The report talks about employees' attitudes towards the current world of work and examines their expectations.

Stability a major concern, 50 pc of gig workforce interested in full-time jobs: Report

A half of the gig workforce surveyed is interested in full-time employment with stability a major concern among them, according to a reports.

First Republic Bank rout; unable to shake depositor anxiety, shares plunge at opening bell

Shares slumped 26%, following an even more severe tumble Tuesday, after it revealed that depositors withdrew more than $100 billion last month after the collapse of Silicon Valley Bank and Signature Bank.

Meta begins second round of layoffs in Facebook, WhatsApp, Instagram

The Facebook parent company notified managers to prepare to announce job cuts on Wednesday, via a memo seen by Bloomberg News.

India’s gig economy increased 13 times compared to pre-pandemic levels: Report

Over the past three years, the adoption of the on-demand gig model has grown significantly due to a shift in the way enterprises started delegating work, and how talent or jobseekers began approaching employment.

Deloitte in India nearly doubles workforce in 3 years

In a statement Deloitte Touche Tohmatsu India LLP said it focused on building skills to deliver technology-driven growth. It also announced completion of a pilot project to help address the issue of stubble burning in North India.

Women's Day 2023: With less than 8% women, core sectors have workforce diversity issue

The combined workforce for the top producers of steel, cement, oil and coal in India was more than 300,000 in FY22. Less than 8 percent, or 23,054, were women

Why the demographic dividend may slip out of our hands

A study has found that only 42 per cent of the children sampled can meet the overall proficiency levels and even fewer, 37 per cent, are able to meet the overall level of proficiency in mathematics

Apple supplier Salcomp sees India revenue of $2-$3 billion, plans rapid hiring

The plans come as Apple shifts production away from China after its strict COVID-related lockdowns and restrictions, and with rising trade and geopolitical tensions between Beijing and Washington.

Payments firm PayPal to lay off 7% of its workforce to cut costs

The move to keep a tight lid on costs comes against the backdrop of decades-high inflation hitting the purchasing power of consumers who also have to contend with the threat of a looming recession.

Hasbro to cut 15% of workforce in 2023, estimates dour holiday quarter

Shares of the maker of Transformers toys fell more than 7% to $59.25 in extended trading after the company said it would eliminate about 1,000 full-time positions globally. Rival Mattel Inc also slipped about 2%.

Alliance launched to increase number of women in STEM education, workforce in India

The launch of the US-India Alliance for Women's Economic Empowerment STEM Collaborative was announced by Mukesh Aghi, president and CEO of the US-India Strategic and Partnership Forum during the US-India Alliance Shatter Summit.