Moreover, hiring in the office equipment and automation sector increased by 4% due to growing demand for workforce skills that involve interacting with intelligent machines using artificial intelligence and Internet of Things
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As the Indian IT services sector grapples with a slowdown in the United States, as well as global macroeconomic uncertainty, ICRA report predicts that hiring will remain subdued, despite a strong pipeline of deals
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The bank intends to achieve savings by exploring automation opportunities and potentially reducing operating hours across its 76 branches
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The company has laid off a total of 55 employees from its two wings, Upskill and MyKademy, citing redundancy
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The audio streaming platform has taken this measure in order to cut costs amid "dramatically" slower economic growth
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Regional bank expansion has resulted in a 61% increase in net headcount in FY23 compared to FY22
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The campus intends to employ approximately 3,000 engineers in the coming years, with a focus on the design and development of semiconductor technology such as 3D stacking, AI, machine learning and others
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The potential expansion could double the current plant's size, occupying 500 acres
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