Weekly Top Articles & Industry Trends For Staffing Leaders
A collection of this week's most important news articles, market trends, and blog entries will give you an inside look at what's going on in the staffing and recruiting space.
Hiring a talented resource can be more challenging than people think. As entrepreneur and author Vivek Wadhwa said, "Recruiting talent is no different than any other challenge a startup faces. It's all about selling."
The 'Career Outlook Report HY1 (January–June 2024)' by TeamLease EdTech projects a 7 per cent surge in the recruitment of fresh graduates for India's manufacturing sector.
More than 400 job-seekers were duped of crores of rupees by fraud recruitment agents based in Bhayander East who promised the aspirants in securing well-paid jobs in South Africa and Middle Eastern countries.
Google’s recent layoff confirmation, purportedly encompassing its entire Python team, mirrors a broader trend in the tech sector job market. However, this phenomenon is not isolated to Google or the United States.
Hiring in the US private sector cooled in April but job growth was still higher than anticipated, boosted by the services sector, payroll firm ADP said Wednesday.
In India's burgeoning gig economy, rethinking C-suite recruitment is imperative for companies aiming to thrive in dynamic markets. Traditional approaches often prove cumbersome, with lengthy searches and limited talent pools.
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Seasonal demand for manpower is soaring in tandem with rising mercury levels. Staffing firms including Manpower, Adecco and CIEL HR Services told ET that 2024 looks set to be a record year for temporary summer jobs, with demand from sectors such as consumer durables, retail, ecommerce, logistics, hospitality, manufacturing and BFSI (banking, financial services and insurance).
Gen AI startup Onetab has onboarded three new senior members to enhance its operations in India. The new senior executives include Harish Chouhan, who has been appointed as Senior Team Lead, Pratish Gopinath as Vice President of Corporate Development, and Ankita Phanse as Head HR – Strategy and Planning.?
Tesla is laying off more than 6,000 employees in the states of Texas and California, according to reports. Reuters reported that 3,332 jobs will be eliminated in California, while 2,688 roles will be cut in Texas starting June 14.
Multinationals are using their India global capability centres (GCCs) as proof-of-concept (PoC) hubs for generative artificial intelligence (GenAI) applications (apps) due to the availability of digital talent, ability to adapt to technological changes, and build scale.
The Acumont team is here to share with you this week's industry insights. Staffing leaders can make better decisions by reading this weekly digest, which helps them understand the human capital issues that impact recruiting and staffing workforces as well as the economic trends that affect their businesses.
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Acumont Solutions is a staffing services provider for the India and US regions and offers a wide range of services, including talent acquisition services, international recruitment, executive search, startup hiring, recruitment process outsourcing, and contract staffing.