As per the reports, these layoffs are going to mainly impact the employees in the product, engineering and operation departments
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Cloud kitchen brand Rebel Foods on Tuesday lays off close to 2 per cent of its workforce, the company has 2,500 employees currently
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Almost 80% of Relevel’s remaining team will be absorbed by other Businesses of Unacademy Group and we will have to let go of around 20% (around 40 people) of the team because of lack of availability of roles for them
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It is also brought to attention that close to 200 people form Verily's workforce would be rendered jobless
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Futurense's main focus is quality learning outcomes thus each employee receives customized training and coaching support in the state-of-the-art facility in Bengaluru
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- Ecommerce. Telecom, BFSI, Manufacturing, and Retail are some of the sectors to conduct maximum hiring - Tier 1 cities like Bengaluru, Chennai, Mumbai, Hyderabad, NCR, and tier 2 cities like Pune, Jaipur, and Bhubaneshwar will increase their hiring intent - Bengaluru shall lead in terms of job creation throughout 2023 - This year, blue-collar jobs will rise by 30%, while white-collar can expect stagnancy
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Non-IT sectors like Insurance, Banking & Real Estate continue to grow, even as IT, BPO & Retail witness slowdown compared to first half of 2022
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· In addition to Advertising, Market Research, and PR, the Telecom/ISP sector leads job recovery in India, with a 9% increase in hiring activity YoY · Smaller hubs in India show promising growth in hiring activity, with Ahmedabad leading the way at 14% YoY
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