Posts Tagged ‘Recruitment’

TCS planning to distribute 150% of Variable Pay to all of its employees and adding 8000 more resources. Ahoa.

TCS gives Diwali gifts to all of its employees. For first time in its history, TCS planning to distribute 150% of Variable Pay to all employees for last quarter in October salary slip.  This way employees will be getting 50% more variable pay than what was agreed with them. Apart from this, TCS is planning [...]

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Aegis, the BPO firm, started hiring in India.

Celebrate. Good news started pouring in. Essar Group’s backoffice unit Aegis Ltd will augment its workforce by 12,000, summing up the total headcount to 43,000 by end of this fiscal. The company plans to hire 1,000 people every month in India and across United States, Philippines, Costa Rica and Africa where it currently has operations. [...]

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Yahoo fires 60 in India then go for recruitment of 130. What a joke ?

Global search engine player Yahoo, which recently announced a five per cent lay-off globally, is learnt to have asked around 60 employees from its Bangalore-based R&D centre to quit the company. The California-based company is also planning to hire 130 professionals in India in areas like product engineering. A company spokesperson, however, declined to comment. [...]

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Yahoo India is still hiring. 150 Positions to fill up and layoffs 675 from else where.

Yahoo is hiring for hundreds of job openings including nearly 150 vacancies in India, even as the internet major is set to bring down its global workforce by about 675 employees. “We are currently hiring for key positions and will continue to invest in strategically important areas,” a Yahoo spokesperson based in the US said. [...]

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Good news finally for BPO sector. Wipro hiring 1200 for it's BPO jobs in Hyderabad.

Despite the economic slowdown, Wipro BPO, the business process outsourcing division of IT giant Wipro Technologies, is hiring personnel and expanding its operations globally, a top official said. “For the last six months, we have been hearing depressing news about people losing jobs and companies resorting to cost-cutting measures but we are still looking for [...]

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Cognizant Technology Solutions (CTS) adds tough condition for campus recruits. Will give jobs only if you pass test

Cognizant Technology Solutions has come up with a three-month e-learning programme that its new hires must compulsorily complete before they can join the company. The move comes as a surprise for the engineering graduates who were offered jobs by the company back in 2007, when they were still in college. Had all gone well, they [...]

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Infosys to honour its commitment made to freshers during last year recruitment. Freshers will join Infosys from June onwards.

According to the company, the offer letters and dates of joining have been sent to the 20,000 freshers (2008-09) and the process of joining the company will start from June this year. Last year, Infosys recruited almost 18,000 (2007-08) engineering graduates. Last week, India’s second-largest software company Infosys said that it will be inducting almost [...]

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Investment banks are still hiring but brokers.

Morgan Stanley, where exposure to mortgages and other assets fueled big losses, cut nearly 2,000 jobs last year and ended fiscal 2008 with 46,964 employees. The ranks of advisers rose by more than 400 to 8,426 in that period. Meanwhile at UBS, where overall employment plunged by about 5,700 jobs to 77,783 last year, brokerage [...]

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Slowdown is impacting hiring in India. Infosys freezes recruitment for freshers and laterals but will still honour commitments made earlier.

Infosys, one of biggest employers in the country has said that all general hiring in the company has come to a standstill as business has slowed down considerably. Infosys’ Director of Human Resources, Mohandas Pai says it will hire the marked 27,000 people they had already made the offers to and that there will be [...]

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