“The changes we are making today are necessary and will make us stronger and better positioned to place big bets going forward without fear of failure,” the company’s chief executive Chris Licht wrote in his memo.
He stated that the electronics sector alone could create additional 2.5 - 3 million jobs and the BPO sector could make available 8 million jobs in the coming two years. This will be a substantial addition to the existing level of employment.
Year-on-year comparison of payroll data reflects a 9.14 per cent increase in net membership addition in September, 2022 compared to the corresponding month during last year in 2021, labour ministry said.
The edtech platform said that it has signed up new leases in the last few months for 3,35,000 sq. ft to be utilised for office spaces, offline campuses, housing for learners, studios, and training rooms for a growing roster of teachers and faculty.
The Guwahati campus has witnessed an increase in the hiring trend for technical roles with more companies giving pre-placement offers through internships. This year the Institute has received the highest Pre-Placement Offer of Rs. 1.20 crore against Rs 56 Lakh offers from last year.
Amazon is closely evaluating its Alexa business and is currently considering whether it should focus on trying to add new capabilities to the voice assistant, which is available on a variety of Amazon devices, the report added.
The rollout of 5G services has also resulted in a significant increase (+9 per cent) in the Telecom sector. Several telecom market players are expanding their digital footprints and looking for tech talent with specialised knowledge.
In Asia Pacific, the bank has drafted up a list of staff members considered redundant, who will mainly come from teams that focus on China-related business, two of the sources said. All declined to be named as the information is confidential.