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IT brings dry spell to white-collar job market in July
Data from LinkedIn and top company job boards, collated by specialist staffing company Xpheno, showed a third consecutive month of decline in the total number of active white-collar roles in July to 270,000 as against 300,000 in June and 330,000 in May.
Lenders battle talent attrition as new-age tech cos line up with attractive offers
Banks like HDFC Bank, Axis Bank, IndusInd and Bandhan have seen attrition between 30-50%. The worst affected is the microfinance sector where companies have seen attrition as high as 60% among young employees.
New IIMs score over old ones on gender diversity front
The number of women is among the highest in the past 10 years at IIMs Kashipur and Raipur, said officials. At IIM Raipur, it is for the first time that women students outnumber male students.
To overcome shortage of cops, Haryana to recruit 2,000 special police officers
Currently, 11,664 posts of constables are lying vacant in the police department. Hence, the recruitment of these SPOs will play a pivotal role in strengthening the state police force, an official statement said.
IT majors cut back on hiring
Cos have reduced fresh hiring by more than half in Q1 as demand starts to level off. Terming this downtrend as normalisation of talent acquisition rather than a slowdown in hiring, analysts and company executives pointed out that demand for skilled talent is expected to remain strong..
Cos' hiring intent at 27-month high
Hiring intent of the companies has hit a 27-month high, the highest since the start of the Covid-19 pandemic, according to the latest Teamlease Employment Outlook Report, shared exclusively with ET.
Haryana to re-engage retired teachers to fill up vacant posts in govt schools
"The Haryana government has decided that the vacant posts in government schools of the state will be filled up through retired teachers of the state," the statement said. The Education Department will soon issue guidelines for re-engaging the retired teachers under the 'Sugam Shiksha' scheme, it said.