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Indeed says White-Collar hiring surged by 8% despite market challenges
IndianStartupNews
ยท
1y ago
Medial
In Q2 2023, India's white-collar job market saw an 8% increase in hiring despite economic uncertainties and layoffs. The IT sector was the most sought-after area, accounting for 18% of job opportunities, followed by production/manufacturing (17%), sales (15%), and marketing (13%). Employers not only seek technical skills but also soft skills like communication and problem-solving. Fresh graduates still face challenges due to limited opportunities and evolving skill requirements. Layoffs affected 62% of surveyed employees. Regional variations exist, with emerging tech hubs like Hyderabad and Pune showing increased demand for fresh talent.
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White-collar hiring grows 7% in July: Report
Economic Times
ยท
7d ago
Medial
India's white-collar job market saw a 7% growth in July, driven mainly by non-IT sectors like hospitality, insurance, education, and oil & gas. The Naukri JobSpeak Index rose to 3,074 from 2,877 the previous year. Fresher hiring increased by 8%, while there was a 41% surge in demand for AI-ML roles in the IT sector. Cities like Surat, Jamnagar, and Kolhapur emerged as hiring hotspots with significant growth percentages.
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'Not a priority anymore...': Post on mass layoffs exposes deepening US job outsourcing crisis, triggers debate
Business Today
ยท
4m ago
Medial
The American job market is experiencing a transformation with companies preferring cheaper overseas hiring due to rising labor costs and strict regulations. A Reddit user's account of surviving layoffs at a major engineering firm has sparked widespread concern, offering insight into the potential future of white-collar jobs in the U.S. This shift reflects a growing trend in outsourcing, raising debates over the future of domestic employment in America.
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How Proxgy Aims To Transform Blue-Collar Work With Smart Wearables
Inc42
ยท
9m ago
Medial
The digital divide between white-collar and blue-collar workers in India is highlighted as blue-collar workers lack access to technology tools that could improve productivity. Proxgy, a B2B startup, aims to bridge this gap by connecting field workers with their supervisors effectively. Founder Pulkit Ahuja faced challenges in developing the tech infrastructure but has seen growth and strong support from investors. Proxgy expects to achieve a top line of INR 40 Cr in FY25.
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Zara India posts weakest sales growth in FY25 amid rising market competition; net profit up 23%
Economic Times
ยท
1m ago
Medial
Zara's Indian joint venture with Tata, Inditex Trent, experienced its weakest sales growth in fiscal year 2025, only increasing revenue by under 1% to Rs 2,782 crore, compared to 8% growth the previous year. The slow sales growth is attributed to increasing competition in India's crowded market. Despite sluggish sales, net profit surged by 23% to Rs 299 crore. Zara's business model, focusing on fast fashion, faces challenges amidst elevated inflation and discretionary spending impacts.
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Mailing that Form 16 to yourself? It could trigger a corporate fraud alert
Livemint
ยท
24d ago
Medial
The rise in sophisticated corporate frauds, such as spoofed emails and KYC scams, is pushing Indian companies to boost defenses using legal counsel and AI. White-collar crimes have surged by 50-70% in sectors like financial services, leading firms to tighten internal controls and remain vigilant against anomalies. Companies increasingly disclose potential issues to leverage the confidentiality of the lawyer-client relationship while strengthening compliance amid tech-enabled fraud risks and remote work vulnerabilities.
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General Motors layoffs: Automaker cuts nearly 1,000 jobs worldwide to lower costs
Livemint
ยท
8m ago
Medial
General Motors (GM) is cutting around 1,000 jobs globally to reduce costs and improve competitiveness in the automotive market. The layoffs primarily affect white-collar workers, with the company stating that the move is aimed at optimizing speed and excellence. GM, like other automakers, is navigating the transition to electric vehicles while maintaining investment in gas-powered models. Through September, US new EV sales have increased by 7.2%, though growth has slowed compared to previous years. The company had 76,000 white-collar employees worldwide at the end of 2020 and aims to cut $2 billion in fixed costs by the end of this year.
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Blue-collar workforce in India struggling for gender equality: Report
YourStory
ยท
5m ago
Medial
The report by WorkIndia highlights systemic challenges faced by women in India's blue-collar workforce, limiting their career advancement. Despite a slight increase in female job postings in 2023, there was a significant decline of 5.3% in 2024. Women remain concentrated in lower-skilled roles like tele-calling and housekeeping, while roles in fields like field sales and back-office jobs are shrinking. Despite incremental progress, the report underscores the ongoing struggle for gender equality in the blue-collar sector.
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Israel's war on Iran to hit Indian workforce
Livemint
ยท
1m ago
Medial
Israel's recent military action against Iran has raised concerns about workforce mobility from India to the Middle East. Recruitment companies in IT, energy, construction, and retail sectors predict a reduced demand for fresh workforce due to the escalating crisis. Some candidates have expressed concerns over potential delays in their job placements, leading to meetings among hiring firms to address these issues. This situation might deter both blue and white-collar workers from relocating to the region.
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Cybersecurity job trends in India: Bengaluru takes the lead as demand persists
IndianStartupNews
ยท
1y ago
Medial
Indeed, a global hiring platform, has revealed that cybersecurity job postings in India have steadily increased over the past three years. From 2019 to 2022, there was an 81% surge in cybersecurity job postings, which was particularly prominent during the pandemic. However, from September 2022 to September 2023, there was a 25.7% decrease in job postings, potentially due to increased regulations and controls. Despite this decline, job seekers' interest in cybersecurity jobs grew by 6%. Bengaluru emerged as the leading city in India's cybersecurity job market, followed by Delhi-NCR, Mumbai, Pune, Chennai, and Hyderabad. India's growing internet user base has led to a rise in cyber threats, with the cybersecurity market estimated to exceed $15 billion by 2023.
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'A class war in code': AI will gut Indiaโs middle-class paychecks, CXO cautions
Business Today
ยท
1m ago
Medial
A Chief Experience Officer cautions that AI could significantly impact India's middle class by reducing income, not just workdays. As AI accelerates work processes, it may not equitably benefit white-collar workers without asset ownership. The concern is that AI will exacerbate income inequalities despite increasing efficiency, as it favors those already in advantageous financial positions, leaving the middle class with fewer financial gains, addressing key risks associated with AI integration.
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