Nvidia CEO Jensen Huang recently shared his vision of a future where “AI employees” work alongside humans across various fields, such as Marketing and chip design. He believes these AI agents will be specialized and rented out to different companies, enhancing productivity without leading to job losses. Huang describes how AI workers will be instructed ...
 "Deloitte India aims for explosive growth, targeting billion by 2030, fueled by remarkable advancements and a booming workforce.")
Deloitte India is aiming for significant growth, targeting $5 billion in revenue by 2030, up from the current Rs 10,000 crore. In the fiscal year 2023-24, the firm reported a 30 percent increase in revenue and contributed 10 percent to global revenue growth and 70 percent to the Asia Pacific region’s growth. South Asia CEO ...
 "The Indian job market shows signs of recovery, with rising employment among youth and increased female workforce participation.")
The Indian job Market is currently facing challenges, particularly affecting entry-level positions for business school graduates. Both renowned and smaller institutions are seeing these impacts, with a decline in placement opportunities. However, there is a silver lining; in July, new monthly subscriptions to the Employees’ Provident Fund (EPF) rose by 2.6% to 1.05 million. The ...
 "Indian migrants dominate the U.S. educated workforce, making up 14% of global college-educated immigrants, driven by opportunity and ambition.")
A recent study by the Migration Policy Institute reveals that Indian migrants are the largest group of educated immigrants in the United States, making up 14 percent of the global pool. As of 2022, among over 14 million college-educated migrants in the U.S., 2 million of them are Indian. The report highlights that nearly half ...
 "Amid massive investments, India’s semiconductor strategy falters, struggling with objectives and workforce shortages in a complex global market.")
India is investing significantly in its semiconductor industry, with plans to allocate up to $21 billion to boost production. However, a clear strategy is needed to ensure effective use of these funds. The government aims for self-reliance, but achieving true semiconductor independence is unrealistic, even for powerhouses like the U.S. Instead of focusing solely on ...
 "Samsung plans to cut up to 1,000 jobs in India and reduce global workforce by 30% amid economic pressures.")
Samsung Electronics, the leading global manufacturer of smartphones and memory chips, is set to lay off up to 30 percent of its overseas staff, potentially affecting around 1,000 employees in India. The company plans to reduce its sales and Marketing workforce by 15 percent and administrative staff by 30 percent across various regions, including the ...
 "Wells Fargo launches a Transgender Hiring Program in India, enhancing workforce diversity and promoting inclusion for marginalized communities.")
Wells Fargo is strengthening its commitment to diversity by launching the Transgender Persons Hiring Program in India. This initiative aims to enhance representation and provide professional development for transgender individuals, following a successful pilot program that hired 13 candidates in 2022. The program, in collaboration with the community organization PeriFerry, currently sponsors 30 transgender individuals ...
 "Infant Attrition Surge: Indian Workforce Faces Rising Job Discontent and Shift")
Infant attrition, the trend of employees leaving within six months of joining, is rising in India, with an annual increase of 4-5 percent. This phenomenon primarily affects younger workers aged 22-32 and is driven by factors like poor work-life balance, lack of flexibility, job dissatisfaction, and inadequate onboarding. It has significant financial implications for companies, ...
Google, the tech giant, has recently announced a round of layoffs, affecting hundreds of employees worldwide. The company is also shifting some roles abroad as part of its cost-cutting measures. This move has sent shockwaves through the tech industry, raising questions about the future of Google and its workforce. In this article, we will take ...
