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News on Medial
Unlocking Jobs: How Masai School’s Talent Circle Connects Top Candidates With Tech Companies In 24 Hours
Inc42
·
1y ago
Medial
Masai School has launched a B2B initiative called Talent Circle to help companies recruit tech talent from its pool of top candidates. The programme aims to address the shortage of tech talent in India, which has grown due to the increased demand for skilled professionals in the digital industry. Talent Circle offers companies access to a nationwide talent pool, streamlines the hiring process, and provides personalised services to ensure the right match. It has already onboarded over 4,500 companies, including IBM, HCL Technologies, and Paytm, and has helped more than 3,500 students get hired.
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US-based Instawork acquires Bengaluru-based Able Jobs for undisclosed amount
Economic Times
·
11m ago
Medial
San Francisco-based staffing solutions provider, Instawork, has acquired the technology platform of Able Jobs, an online placement forum based in Bengaluru. The terms of the deal were not disclosed. Able Jobs connects young professionals with job opportunities and has helped over 35,000 candidates secure employment. Instawork, an online staffing platform founded in 2016, connects businesses with skilled hourly workers. By acquiring Able Jobs' technology, Instawork aims to enhance its capabilities and expand globally. The spokesperson for Able Jobs stated that the small team of four employees will be absorbed by Instawork.
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Jobizo raises $1.4 Mn led by Alkemi Growth Capital
Entrackr
·
5m ago
Medial
Jobizo raises $1.4 Mn led by Alkemi Growth Capital Healthcare HRtech firm Jobizo has raised $1.4 million in its pre-series funding round led by Alkemi Growth Capital. This investment follows the $500,000 seed funding round led by AROA Ventures in 2022. The proceeds will be used to create 100,000 healthcare jobs in India and 3,000 jobs abroad within the next 18 months and aims to complete 10 million job hours over time. Co-founded by Naveen Trehan and Avishek Agarwal, Jobizo is an AI-powered platform that connects employers with skilled professionals. The platform has contributed to over 10 million additional patient care hours in India. By using its expanding investor network and market expertise, Jobizo aims to create a welcoming environment for the workforce and tackle skill gap issues. Post seed round, Jobizo's growth claims to have grown over 500%, facilitated over 20,000 jobs in India and international countries, and helped fill over 10 million job hours.
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Veloxhire.AI revolutionizes hiring with AI-powered interviews
Inshorts
·
6m ago
Medial
Founded by Vinit Yadav in June 2023, Veloxhire.AI is revolutionizing the hiring process. This AI-powered video interviewing platform conducts human-like interviews, tests candidates' expertise, and delivers detailed scorecards. With a vision to disrupt the interview-as-a-service market, Veloxhire.AI offers cutting-edge technology, helping companies find top talent 5x faster.
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Some of Silicon Valley's biggest names are wading into the battle for AI expertise
Business Insider
·
1y ago
Medial
The fight for AI talent among Big Tech companies is becoming increasingly intense. Investors and the rapid growth of AI products have created a high demand for advanced researchers and engineers, resulting in candidates being offered pay packages of up to $1 million. CEOs and founders, including Mark Zuckerberg, Sergey Brin, and Satya Nadella, are personally getting involved in recruitment efforts. However, retaining top AI talent is proving to be just as challenging as recruiting new talent. Startups are also struggling to compete against the resources and salaries offered by Big Tech companies.
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AI could create 78 million more jobs than it eliminates by 2030—report
Arstechnica
·
6m ago
Medial
The World Economic Forum's Future of Jobs Report 2025 predicts AI will create 170 million jobs while eliminating 92 million by 2030, leading to a net gain of 78 million jobs. Businesses anticipate hiring AI-skilled talent, despite planning workforce reductions. AI and big data expertise, cybersecurity, and technological literacy are top skills in demand. Certain jobs, like postal clerks and graphic designers, may decline due to AI. Human-machine collaboration and retraining programs are expected to shape the future workplace.
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'Pick up a second job if pay is too low': Redditor slams Indian HR for for time-wasting, insulting pay negotiations
Business Today
·
4m ago
Medial
A Reddit user shared their experience of returning to India after working in the U.S. and facing challenges during the hiring process. The process was described as gruelling and time-wasting, with shockingly low salary offers. The user criticized Indian HR practices, highlighting how candidates tend to underperform when they feel undercompensated. The suggestion was made that individuals should consider secondary jobs if their primary income is insufficient.
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Apple is revisiting a scrapped idea from its Steve Jobs era
Business Insider
·
8m ago
Medial
Apple is reportedly exploring the possibility of developing its own television set, a concept that late founder Steve Jobs had mixed feelings about. The tech giant is evaluating the idea as it looks to expand its offerings, including smart home devices. Jobs had previously expressed interest in making TVs more elegant and user-friendly, but he also told top Apple employees in 2010 that the company would not be pursuing a TV set. Currently, Apple offers the Apple TV, a box and remote set that connects to a television to stream its apps and services.
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India's AI market projected to reach $17 billion by 2027: report
Economic Times
·
1y ago
Medial
India's AI market is projected to reach $17 billion by 2027, growing at a CAGR of 25-35%. The demand for AI talent in India is expected to grow at a 15% CAGR by 2027. Investments in AI globally have seen a 24% CAGR since 2019, with $83 billion expected to be invested in 2023. India has the second highest installed talent base in AI, with 420,000 employees working in AI job functions. India's technology industry has witnessed over 15% growth in AI/ML jobs in the past year. Companies are investing in upskilling and reskilling their workforce in AI.
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India is engineering a future as AI disrupts the software industry
Money Control
·
1y ago
Medial
Multinationals are discovering the potential of India's engineering talent for creating intellectual property rather than just cost-cutting. India's engineering prowess, if utilized effectively, has the potential to generate productive and lucrative jobs. While India faces challenges in its manufacturing ambitions, it can establish itself as a global engineering workshop and research lab, exporting its know-how to be embedded in products manufactured elsewhere. With support for research and development, improvements in infrastructure and quality of life, and a skilled talent pool, India could unlock its engineering potential.
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Apple after Tim Cook? A look at the likely next CEO John Ternus
Livemint
·
1y ago
Medial
Apple's hardware engineering chief, John Ternus, is rumored to be the likely successor to CEO Tim Cook, according to a Bloomberg report. Ternus, who has been instrumental in the development of products such as the iPad, AirPods, and iPhone series, has gained Cook's respect and is seen as a potential long-term CEO option. Other candidates, including COO Jeff Williams, were mentioned but deemed less likely. While a leadership change isn't imminent, it is expected that Cook will handpick his successor, similar to how Steve Jobs did.
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