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News on Medial
'She outperformed everyone': How a startup’s unorthodox hiring strategy turned a college fresher into a star performer
Business Today
·
3m ago
Medial
A tech startup adopted a simple hiring strategy by sharing a UX primer with 100 shortlisted candidates, inviting each for a 15-minute session focusing on conceptual questions from the material. This approach prioritized learning ability over experience, discovering 10 standout candidates, including a college student who outperformed seasoned team members. The strategy underscored agility and growth over static skillsets while rejecting exploitative assessment practices, emphasizing fair evaluation and positive candidate dynamics.
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15
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Lucy Guo, 30, Tops Forbes as Youngest Self-Made Billionaire With $1.3 Billion From Scale AI's $25 Billion Valuation
deepnewz
·
1m ago
Medial
Lucy Guo, a college dropout turned successful entrepreneur, has become the youngest self-made female billionaire, surpassing Taylor Swift. She achieved this milestone through significant earnings in the field of Artificial Intelligence, marking a notable shift in the rankings of young billionaires globally.
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He had documents against OpenAI, they killed him: Suchir's mother
Inshorts
·
6m ago
Medial
OpenAI whistleblower Suchir Balaji's mother Poornima Rao said her son had documents against OpenAI and that is why they killed him. She stated some documents were missing after his death. Poornima added everyone is "suppressed" and nobody is coming up to speak the truth. Suchir was found dead in his apartment shortly after he had turned a whistleblower against OpenAI.
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Meme fest starts as Zomato CEO says, ‘Don't hire people looking for jobs’
Livemint
·
1y ago
Medial
Zomato CEO Deepinder Goyal's interview from a few months ago discussing the company's hiring strategy has resurfaced on social media and sparked memes. Goyal stated that Zomato doesn't hire people actively seeking jobs, but rather approaches and "poaches" candidates they are interested in. He also discussed the challenges of hiring GenZ employees. Goyal recently got married to Grecia Munoz, a former model and entrepreneur. The interview clip has been widely shared and turned into humorous memes by netizens.
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‘They take revenge, not interviews’: Techie slams insane hiring process in India
Economic Times
·
1m ago
Medial
A software engineer criticized the complex hiring processes in India, contrasting them with simpler European interviews. Sharing his experience on Reddit, he noted that Indian interviews demand extensive, often unnecessary technical expertise. Some users suggested the difficulty stems from abundant candidates, while others argue it's a strategy to filter Tier-2 and Tier-3 college graduates. Frustrations with ego-driven interview cultures were echoed by other users, highlighting experiences of grilling and unclear rejection criteria.
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This early investor of Zepto has three other unicorns in his portfolio
Business Today
·
1y ago
Medial
Hershel Mehta, an experienced investor and entrepreneur, backed early-stage start-up Zepto in 2020, even before it received funding from Y Combinator. Zepto recently became India's first unicorn in 2023, raising $200 million at a $1.4 billion valuation. Mehta believes Zepto's success is due to strong hiring and unmatched execution by its founders. He's also invested in other unicorns like Oyo, Axiom Space, and CoinDCX, following a strategy of supporting strong founders targeting large markets like India. Despite concerns about a crowded market, Zepto outperformed expectations by promising 10-minute grocery deliveries.
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Elon Musk's X is paying for Gina Carano to sue Disney over her firing from 'Star Wars'
Business Insider
·
1y ago
Medial
MMA fighter turned "Star Wars" actor, Gina Carano, is suing Disney for wrongful termination. Elon Musk's X Corporation is funding her lawsuit against The Walt Disney Company and Lucasfilm. Carano alleges harassment and bullying as a result of sharing her conservative political beliefs on social media platforms. She believes Disney targeted her because her views did not align with the company's public stances. Carano's attorneys also point out that her male co-stars made offensive posts on social media without facing consequences, alleging gender discrimination. Musk's involvement in supporting Carano's case was confirmed by his reposting of her announcement on X.
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Infosys to recruit up to 20,000 fresh graduates in FY25; CFO says employee utilisation rate at 85%: Report | Mint
Livemint
·
1y ago
Medial
Indian IT company Infosys plans to hire between 15,000 to 20,000 fresh college graduates in the 2024-2025 financial year. Despite a challenging job market, the move highlights their intent to continue expanding their workforce. In the previous financial year, Infosys hired 76% fewer freshers. The company has adopted an agile hiring strategy, conducting recruitments both on and off-campus. Rival company Tata Consultancy Services (TCS) also plans to recruit nearly 40,000 fresh graduates in the same financial year. Infosys experienced a decrease in employee strength, yet saw an increase in net profit and revenue in Q1FY25.
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