Page 4 - Jobs

McDonald's to hire 5,000 people, double stores in Northern, Eastern India

Quick service restaurant McDonald's India (North and East) on Monday said it will hire around 5,000 people as it looks to double its outlets to cross 300 restaurants in the region over the next three year, its top official said on Monday. It rolled out its largest restaurant in India at Guwahati, spread across 6,700 sq ft with a capacity to feed 220 people at a time, on Monday as part of its expansion exercise. Speaking to PTI, McDonald's India (North and East) Managing Director Rajeev Ranjan said the company is on a rapid growth path and looking to expand its network across the states under it. "All issues and problems are behind us and we are focussed on growing our business," he said while replying to a query if the legal matters with the erstwhile McDonald's partner has been settled. In 2020, the US fast food chain selected MMG Group Chairman Sanjeev Agrawal as its new partner to operate outlets in north and east India following buyout of 50 per cent stake from the estranged ..

Layoff fallout: Outplacement firms have their hands full with flood of CVs

Tough trade-off: Companies want job guarantee for people they've laid off, but on a bargain

Are states with high levels of poverty spending less on MGNREGS?

Experts said an institutionalised system of social audits will clear lots of doubt

We are committed to India; review process is normal: Amazon India's Tiwary

In an interview with Peerzada Abrar, Tiwary said India has become the innovation hub for the company for the rest of the world. Edited excerpts

Rajasthan govt implements new rural tourism scheme, promises jobs

Agriculture tourism units will be set up on farm land on areas ranging from 2,000 square metres to two hectares (one hectare is roughly 10,000 square metres)

With jobs no longer secure, career cushioning is taking centre stage

Professionals and students striving to make themselves future-ready, future-proof

Fintech giant Plaid lays off 260 employees; offers 16 weeks of base pay

Fintech company Plaid is laying off 260 employees, or about 20 per cent of its workforce globally, amid the global macroeconomic conditions

Assam Cabinet clears recruitment for 10,000 positions: Himanta Biswa Sarma

Recruitment for about 10,000 government posts was sanctioned by the Assam cabinet on Wednesday, Chief Minister Himanta Biswa Sarma said. It also cleared reservation in top positions in the government for retired officers of the armed forces to improve work culture, he said. Briefing reporters after chairing a cabinet meeting at the Gandhi Mandap here, Sarma said the decision on the recruitment was in line with fulfilling the promise of providing one lakh government jobs in the state. "The cabinet has today approved the third Assam Forest Battalion, with an intake of 1,100 personnel and based in Lakhimpur. Another 1,700 vacant posts in the Forest Department will also be filled up," he said. Around 6,000-7,000 appointments in the Education Department, including regular and contractual, have been cleared, and the advertisements for these will be out by December 31, he said. The Assam Public Service Commission (APSC) will also soon advertise for around 700 posts, he added. "We have .

Global Captive Centres to add 364k jobs in next 12 months: Report

Global Captive Centres (GCCs) are looking to ramp up their workforce and add close to 3.64 lakh jobs within next 12 months amid a spurt in service demand from key global markets, says a report. According to NLB Services' India Captivating Report, the GCC sector will scale up from the current USD 35.9 billion to USD 60-85 billion by 2026. A spurt in service demand from key global markets (34 per cent) is the key reason driving the demand for talent. From a sub-sector perspective, IT Software & Consulting with 33 per cent of the respondents keen on ramping up the talent pool topped the chart. The next were BFSI (21 per cent) and Internet & Telecom (16 per cent). Among cities, Bengaluru leads in terms of job creation. "India currently accounts for around 45 per cent of the global GCCs in operations and this share is expected to grow further," NLB Services CEO Sachin Alug said. Alug further noted that the sector is expected to see a 10.8 per cent CAGR (compound annual growth rate)

No hiring downturn at IITs as international firms pitch job offers

Consulting, finance, core and international trading companies take the lead in chasing talent

Six states report fewer formal jobs for youth in Sept qtr, shows EPFO data

Experts attribute drop to large-scale of migration; young from these states stand to earn significantly more, post migration, than they do by staying back

Cryptocurrency exchange Bybit plans to cut 30% of workforce: CEO Ben Zhou

The layoffs are part of an ongoing reorganisation aimed at refocusing efforts, and reductions will be across the board

Day 1: IIT Guwahati bags highest foreign job offer of Rs 2.4 crore

A total of 25 offers with pay packages in excess of Rs one crore per annum were extended at the end of Session 1.1 on Day One of the recruitment process at IIT Madras

Placement offers at IITs in 2023 may not be as high as last year: Report

The highest packages at IITs for this year may come for domestic roles, unlike last year when international roles offered the highest salaries

Best of BS Opinion: Don't ignore Covid, Nepal's destiny, and more

Here is the best of Business Standard's opinion pieces for today

In coming global recession, job cuts won't mean mass layoffs: Report

This time around, workers have a better-than-usual shot at holding onto their jobs if recession arrives

Smart pickup in good jobs

The estimated 0.7 million additional jobs created by listed companies may easily more than offset the recent layoffs seen in tech companies

upGrad-backed Harappa launches in US, to upskill 55,000 managers in 3 yrs

Harappa founders cite huge scope as 82% Americans are likely to quit their jobs because of a bad manager, while 44% managers feel they are unprepared for their jobs

Binance to hire 8,000 people by 2023 end, says CEO Changpeng Zhao

Binance CEO Changpeng Zhao has stated that the company is targeting to hire 8,000 people by the end of the year

IITs likely to see less placement offers this year amid tech slump: Report

The impact on IITs is likely to be less severe than in other engineering colleges as the companies will continue to hire good talent and 'maintain a relationship with these premier tech colleges'