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Store cashiers: Another job role waiting to fade off?

A sale season would mean hundreds rushing into retail outlets to buy products. With each departmental store having an average of three cashiers, it would often be a serpentine queue to buy a product. However, a noticeable trend over the past four to five years is that, on one hand, the number of people queuing up is going down while ... Read More »

Job cuts in Deutsche Bank: From NYC to Bengaluru, employees’ careers end in an envelope, a hug and a cab ride

A Deutsche Bank employee in Bengaluru told Reuters that he and several colleagues were told first thing that their jobs were going. (Reuters) Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of ... Read More »

Having Trouble Finding A Job? You Probably Aren’t Applying To Enough

“Why is finding a job so difficult?” I hear this question a lot. Of course, there are a lot of ways to answer, and most of them relate to the person asking. Is your resume well written and compelling? Does your experience match the positions for which you are applying? Are you prepared for your interviews? But, if the answer ... Read More »

CII calls for holistic national mission to drive job creation

The Confederation of Indian Industry (CII) has called for a comprehensive National Employment Mission and setting up of an inter-ministerial and all-State National Employment Board to drive job creation. “Employment generation extends to multiple dimensions, and a national mission is required to address all aspects holistically. The government’s National Employment Mission should include flexibility in hiring, tax incentives, education and ... Read More »

Project OAR’s bid to standardize addressable TV advertising moves into phase two

This article is part of the Digiday Video Briefing, which features must-reads, confessionals and key market stats. To receive the Digiday Video Briefing, please subscribe. Three months after Project OAR, a TV advertising industry group effort to open up addressable TV advertising, was announced, the consortium has a working prototype and more members, including official support from advertising agencies. Now comes ... Read More »

Good news for job seekers! Manufacturing, infrastructure sector to create 58,200 jobs in H1 FY20

The manufacturing, engineering and infrastructure sector are set to create 58,200 new jobs in the first half of this financial year, according to a report published by staffing firm TeamLease Services. As per the company’s biannual ‘Employment Outlook’ report for April-September FY20, these three sectors will see a 2 per cent increase in net employment. The report is based on ... Read More »

Small-business optimism rises to pre-shutdown levels

The numbers: The index of small-business optimism from the National Federation of Independent Business rose to 105.0 in May. Economists surveyed by Econoday had forecast a 102.0 reading. What happened: Six of ten survey components increased, three were unchanged, and only one fell in May. Nearly two-thirds, or 62%, reported hiring or trying to hire, a 5-point increase from April, but 54% ... Read More »

How To Empower Yourself When You Perceive A Threat To Your Job Security

It is Sunday evening and your smartphone vibrates. You see a cryptic text from someone you don’t know in human resources requiring an urgent meeting with you. Your mind races with worry about something you may have inadvertently done. Since you know that you didn’t do anything wrong, you’re a little confused. You contact some co-workers to find out if ... Read More »

Modi’s plan to tackle job crisis in India

The vacancies in various government departments stood above five lakh as of December 2018, including 2,85,725 in railways (C & D level) and 84,037 in central armed police forces. Despite the relentless increase in its salary bill, the Centre may go on a hiring spree to fill over five lakh vacancies in various central organisations over the next two years, ... Read More »

HSBC mulls job cuts in investment banking to salvage margins: Report

HSBC Holdings is mulling over extensive job cuts  in the company’s investment banking unit to salvage its financials, sources told Bloomberg. As many as 500 jobs are on the chopping block with Greg Guyett, who heads the Global Banking vertical, expected to begin the process by mid-June, the wire added. The vertical employs 24,000 in HSBC. The report noted that this is ... Read More »