Latest News, Updates & Breaking Headlines
JPMorgan Chase CEO Jamie Dimon has once again started the discussion around remote work, invoking the legacy of Apple co-founder Steve Jobs to argue that younger employees are being left behind in the Zoom era. As reported by Bloomberg, speaking at the Future Investment Initiative this week, Dimon urged the staff at JPMorgan to return…
For long, India’s services sector has been seen as the engine of economic growth. Now, it is facing a reality check. While it contributes over half of the national output, it employs less than a third of the workforce, exposing a structural imbalance in India’s development story.According to a new report by NITI Aayog, titled…
Representative image (AP) Approximately 2,000 jobs are at risk after Petrofac, one of the largest oil and gas contractors in the North Sea, filed for administration.According to a report by Guardian, the company said it has approached the High Court of England and Wales to appoint administrators after losing a key offshore wind contract, which…
India’s services sector is fast emerging as a powerhouse of job creation, with its share in total employment climbing from 26.9 percent in 2011–12 to 29.7 percent in 2023–24, according to two new NITI Aayog reports. “Services employment share rose from 26.9 percent (2011-12) to 29.7 percent (2023-24),” the report said, according to ANI.The two…
Online commerce giant Amazon has announced that it is cutting around 14,000 corporate jobs. Amazon’s senior vice president of people experience and technology, Beth Galetti shared a blog post announcing the job cuts. In the post, Galetti said the company is making “organizational changes across Amazon” that will result in an “overall reduction in our…
JAIPUR: The anti-corruption bureau (ACB) registered a case against a senior officer of the state’s information technology and communication department for allegedly drawing salaries illegally in his wife’s name through two private firms engaged in govt IT projects.According to the FIR, Pradhyuman Dixit, joint director of Rajcomp Info Services Ltd, which comes under the state…
Simon van Teutem is a 27-year-old Dutch author, journalist, and Oxford graduate who has become a prominent voice in the global debate over how and why Gen Z talent ends up in elite corporate jobs that often feel unfulfilling. Instead of accepting lucrative offers from McKinsey and Morgan Stanley after graduation, he chose a different…
The State Bank of India (SBI) is set to recruit around 3,500 officers to strengthen its operations and improve service delivery across the country.SBI deputy managing director (HR) and chief development officer Kishore Kumar Poludasu was quoted by news agency PTI as saying that the bank has already recruited 505 Probationary Officers (POs) in June…
An Indian-origin man has been sentenced in an elaborate immigration fraud in New Zealand. 59-year-old Umesh Patel, an Indian-origin Auckland man, plotted an elaborate immigration fraud scheme which was running for years, duping visa applicants. Immigration New Zealand (INZ) busted the scam and Patel pleaded guilty to 37 charges, including forgery and providing false or…
Salesforce CEO Marc Benioff insists artificial intelligence won’t eliminate sales positions, announcing plans to hire between 3,000 and 5,000 new salespeople as the company pushes toward 20,000 account executives by year’s end. Speaking in October 2025, Benioff emphasised that “face-to-face communication” remains essential in sales, stating that AI “doesn’t have a soul” and lacks authentic…
