HR Headlines courtesy: naukri.com newsletter

HR HEADLINES
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Amazon India looking to hire over 2,000 people for tech and non-tech roles
Amazon is looking to hire over 2,000 people for technology and non-technology positions in India. The new hires will take up tech and non-tech roles across the ecommerce company’s various divisions in the country including Amazon.com, Amazon Web Services, Amazon.in and its Devices division. While Bengaluru accounts for the majority of the open job positions with 587 vacancies, Hyderabad follows with 374 open positions. These positions include Software Development Engineer, Program Manager -Business Quality, Vendor Operations Associate, Manager – Risk Investigations, Quality Assurance Technician – Amazon Appstore, among many others. Ms. Deepti Varma, HR Director, Amazon India said, “We have over 2,000 open job positions of which, 50 per cent are for tech and 50 per cent are for non-tech roles and this number is growing as we speak.” While earlier in the year, Amazon laid off several hundred people at its Seattle headquarters and hundreds more at other global locations, however, it continues on a hiring spree in India. The company has a global workforce base of over 6,00,000 employees of which, India accounts for over 50,000 employees, making the country the second largest workforce centre for Amazon after the US.
Source : 30-11-18   Peoplematters.in   Compiled by www.naukri.com
Samsung to hire 300 engineers from IITs
Samsung India is planning to hire over 300 engineers from the Indian Institutes of Technology (IIT) this placement season to strengthen its Research and Development (R&D) operations in the country. Company officials from three R&D centres located in Bengaluru, Delhi and Noida, will visit the IITs at Delhi, Kanpur, Mumbai, Chennai, Kharagpur, Guwahati, Varanasi and Roorkee starting December 1. The R&D centres will also hire engineers from the newer IITs at Hyderabad, Dhanbad, Ropar, Indore, Gandhinagar, Patna, Bhubaneswar, Mandi and Jodhpur. “Our R&D centres are focusing on cutting edge technologies, developing innovations for the Indian market as well as for the globe. We will continue to add engineers for research and development in these areas and further our commitment to making a strong research base in India,” said Mr. Sameer Wadhawan, Head, Human Resources, Samsung India. Samsung has offered over 200 Pre-Placement Offers (PPOs) to students at the IITs this year. “There’s a tactical shift that we have made to spot talent early and offer PPOs. This year, we had a slightly longer internship period so that students can spend more time in the company, giving them opportunity to interact with the leaders and managers.
Source : 30-11-18   Financialexpress.com   Compiled by www.naukri.com
Airbnb poaches Amazon executive Mr. Dave Stephenson as its new CFO
Airbnb has a new chief financial officer. Mr. Dave Stephenson, whose spent the last 17 years at Amazon, joins the startup more than nine months after Mr. Laurence Tosi left the position vacant. Mr. Stephenson was poached from his role as vice president and CFO of Amazon’s worldwide consumer organization, where he managed all of Amazon’s global online sales, from Amazon Prime to Whole Foods. Airbnb, which was last valued at $31 billion in a funding round led by Alphabet’s CapitalG in September 2017, is preparing for an initial public offering. CEO Mr. Brian Chesky previously said that the company will be ready to go public by June 30, 2019. Mr. Stephenson’s “extensive experience building and scaling rapidly growing businesses” will be especially valuable to Airbnb, said Ms. Ann Mather, the newly-appointed audit chair on Airbnb’s Board of Directors, in a statement.
Source : 26-11-18   Businessinsider.in   Compiled by www.naukri.com
Unilever Chief Mr. Paul Polman steps down after HQ move fiasco
Unilever chief Paul Polman is “retiring” from the consumer giant, the firm said, a month after it was forced to ditch a controversial post-Brexit plan to move its headquarters from London to the Netherlands. The Anglo-Dutch group, maker of iconic brands like Marmite and Dove soap, will be headed from January by Mr. Alan Jope, the current chief of its huge beauty and personal care department. “Unilever announced that CEO Mr. Paul Polman has decided to retire from the company,” the company said in a statement, adding that he had been in the post for 10 years. Mr. Polman, 62, tweeted that he had decided to “step down from my role as CEO”, adding: “It’s been a great honour to lead this team for the past 10 years and together build a sustainable business that has made a difference to millions of lives.”
Source : 29-11-18   Livemint.com   Compiled by www.naukri.com
IIT-M set for a strong placement season
IIT-Madras (IIT-M) is set for another strong placement season as 326 companies have registered for the first phase starting on December 1. Google and McKinsey are returning to the campus for recruitment this year. This compares with about 270 companies in the whole of last year (2017-18), a press release said. Some of the prominent first-time companies this year include Bain & Company, Nomura, Ather Energy, and Jaguar Land Rover. Traditional recruiters such as Microsoft, Goldman Sachs, BCG, Intel, Citibank, Qualcomm, Bajaj, and General Electric will visit the institute as well. As many as 23 companies have advertised international profiles, most of which are for positions in Asia (in Japan, Singapore, and Taiwan), with some in the US. The first phase will be held between December 1 and 8 with a break of one day (December 5).
Source : 26-11-18   Thehindubusinessline.com   Compiled by www.naukri.com
WhatsApp Chief Business Officer Mr. Neeraj Arora Quits
Mr. Neeraj Arora is the latest executive to depart from Facebook, more specifically WhatsApp, during a year that has been tumultuous for the social networking giant. Mr. Arora announced his resignation from the post of Chief Business Officer at WhatsApp after seven years with the global messaging company. An Indian School of Business (ISB) alumnus, he had joined WhatsApp back in November 2011, and moved to Facebook in 2014 after the latter bought out WhatsApp in one of the biggest tech deals. In a post on Facebook, Mr. Neeraj Arora announced his resignation from WhatsApp via a brief message. He thanked his colleagues, especially founders Mr. Jan Koum and Mr. Brian Acton, and admired the “maniacal focus” with which the company created something used by billions of people. He stated that he would be taking some personal time off from work to spend with his family.
Source : 27-11-18   Ndtv.com   Compiled by www.naukri.com
Jet Airways fires 16 more employees
Crisis-hit Jet Airways continues to use layoffs in small chunks as one of the means to reduce cost with the carrier handing over pink slips to around 16 more employees, a source said. These employees were working as ground staff in Jet Airway’s Kochi and Hyderabad offices. Late last month, the airline had laid off 20 employees, including some senior-level executives from the in-flight services department. Prior to that, it reportedly had asked 15 managerial level employees from various departments including engineering, security and sales, to leave the company. The Naresh Goyal-promoted full-service carrier, which has a fleet of 124 planes, has around 16,000 workforce. “The airline continues to lay off people from various departments in small groups. It has already shut its city office in Hyderabad, which had 4-5 employees. Last week, the airline asked some of its employees working in Kochi office to quit. Together, it has retrenched another 16 people from these two offices,” said the source.
Source : 26-11-18   Moneycontrol.com   Compiled by www.naukri.com
Infosys doubles salary of upskilled employees
One of India’s top IT services company, Infosys is doubling the salary of their employees who have completed the new bridge programmes. This comes from the organization’s move to curb the attrition rate in the company. According to reports, the bridge programmes enable employees to develop new skills without leaving the job. According to Infosys, the employees who opt for these upskilling programmes have seen their salary rise by 80-120 per cent, adding, about 400 people have been trained under these programmes so far. Mr. Krish Shankar, Group Head, Human Resources, Infosys, said, “We are focused on creating a flexible internal market place for our talent to grow, instead of them leaving to join, say, an MBA course. These programmes provide people with alternative career growth opportunities.” With such schemes, the IT giant is expecting the employees to stay in the company for a longer period because good hikes have always worked in favour of employees and the company.
Source : 28-11-18   Peoplematters.in   Compiled by www.naukri.com
Ernst & Young to hire 2,000 digital technology experts
EY will be hiring 2,000 employees in the country in the next three years to expand its digital solution services to clients, focusing on domains such as analytics, new technologies, intelligent automation, artificial intelligence, blockchain and tax technology. The headcount is also being beefed up for big automation projects for the government and the private sector. In particular, EY has been bullish on analytics as a business for a while now – the company is reportedly hiring about 600 people every six months in this domain across all businesses. For the government business, EY claimed to have added close to 700 people in the last 18 months. “The government is heavily investing in digital from a citizen services perspective. Many of the traditional customer-oriented industries are trying to find models which allow access to customers to tier-two, tier-three towns from a digital perspective,” Mr. Ram Sarvepalli, leader, advisory services India and partner, emerging markets centre at EY, said.
Source : 23-11-18   Businesstoday.in   Compiled by www.naukri.com
New H-1B visa rules should worry Indians looking for jobs in the US
The Trump administration, already well-known for its hard-line anti-immigration stance, has just tweaked rules for the H-1B visas – a worrying development for Indians, who typically garner more than 60% of these visas. The H-1B visa is a popular non-immigrant work visa that allows US companies to employ foreign workers in specialty occupations, and American tech companies have long depended on it to hire highly-skilled employees from countries like India and China. The H-1B visa filing season for the 2020 fiscal, which kicks off on April 1, 2019, will require employers seeking to petition for H-1B workers to pre-register electronically for the annual H-1B lottery. Only the winners would have to subsequently file ‘full-fledged applications’, which are referred to as petitions. The move has already been approved by the US Office of Management and Budget (OMB) unit of the US president’s executive office. This change is expected to result in significant savings of administrative costs as well as time and paperwork for the sponsoring companies – i.e. those hiring foreign employees. Currently, all petitions have to be filed upfront in April, along with all supporting evidence, just for entry into the lottery. In other words, the new rule will spare companies the effort of preparing a complete petition for applicants that don’t get lucky in the visa lottery. It will also allow the US immigration agency, US Citizenship and Immigration Services (USCIS), to manage the intake and selection process for H-1B applications more efficiently.
Source : 26-11-18   Businesstoday.in   Compiled by www.naukri.com
General Motors to slash jobs and production as US sedan sales sink
General Motors Co said it will cut production of slow-selling models and slash its North American workforce in the face of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles. GM’s actions add up to the biggest restructuring for the US No. 1 carmaker since its bankruptcy a decade ago, and mark a turning point for the North American auto industry. US automakers have enjoyed nearly a decade of prosperity since the 2008-2009 financial crisis and the government bailouts of GM and the former Chrysler Corp. Now, GM and its rivals are facing rising bills for technological transformation, increased risks from trade policy and investors reluctant to fund their traditional product strategies. US President Mr. Donald Trump highlighted the political risks facing GM by demanding the automaker find a new vehicle to build in Ohio and adding that he had told GM Chief Executive Ms. Mary Barra he was unhappy with her decision to cut production at an Ohio factory. Ohio will be a key state in the 2020 presidential campaign.
Source : 27-11-18   Moneycontrol.com   Compiled by www.naukri.com
Fireside Ventures appoints Myntra CFO as New Partner
Fireside Ventures, a venture capital firm with their primary focus on initial stage investments has hired Mr. Dipanjan Basu, the former CFO of Myntra as a partner and CFO. Mr. Basu’s departure, though he is still in the middle of his notice period with Myntra and Jabong, comes in close pursuit of Mr. Binny Bansal’s parting with Walmart-acquired online retail giant, Flipkart. In a statement by Fireside Ventures it was reported that Mr. Basu is due to join by the end of January. While he would be looking at the initiation and management of fresh investments, his span of control and functions would also extend to implementing financial, regulatory and investor management processes. Prior to commencing his role with Myntra and Jabong in 2016, Mr. Basu was with Wipro’s digital and consulting business and as the CFO and COO (Chief Operating Officer) there, his responsibilities included building and setting up new businesses, M&A and investments in startups. A chartered accountant by qualification, Mr. Basu has also served as the CFO at Quatrro Risk Management Services. Fireside seems to be on a steady course to strengthen its top leadership and in September, took on board IndiGo’s former president, Mr. Aditya Ghosh as an advisory board member.
Source : 28-11-18   Peoplematters.in   Compiled by www.naukri.com
Yatra appoints Ms. Neelam Dhawan as independent Director on its board
India’s leading online travel company has appointed Ms. Neelam Dhawan, as an independent director to its board of directors effective January 1, 2019. Mr. Dhruv Shringi, CEO and Co-Founder, Yatra.com stated, “We are very pleased to have Neelam join our board and look forward to her contributions. With thirty-five-plus years of experience, she is an accomplished leader in the tech industry and brings with her a unique blend of experience of scaling up enterprise technology businesses in emerging markets, experience which is a perfect match for Yatra as we look at scaling up our corporate travel business and expanding it beyond India. “On her appointment, she stated, “I am excited to participate in shaping the future of Yatra as we move to be closer to our customers and focus on delivering delightful experiences for them with our services.” Ms. Dhawan, an MBA from the Faculty of Management Studies (FMS), Delhi has been hailed as one of the Most Powerful Women in Business and has played an integral role in shaping the IT Industry in India.
Source : 30-11-18   Peoplematters.in   Compiled by www.naukri.com
Matrimony.com gets new Chief Financial Officer
Marriage service provider Matrimony.com said it has appointed Mr. Sushanth Pai as its Chief Financial Officer with effect from December 15. Earlier, Mr. Pai had served IT company Mindtree Ltd as its associate vice-president (finance). “We are happy to welcome Mr. Sushanth Pai to the leadership team. We are sure his financial acumen and experience will help Matrimony.com achieve its goals,” a press release quoted Chief Executive Officer of the company Mr. Murugavel Janakiraman as saying. “I am excited to be part of leadership team and growth plan of Matrimony.com which has created a strong value proposition over the years and this leads to an interesting journey ahead, the release quoted Mr. Pai as saying.
Source : 27-11-18   Business-standard.com   Compiled by www.naukri.com
OPPO India MD Mr. Yi Wang steps down
Chinese handset maker OPPO has said its India Managing Director Mr. Yi Wang will step down effective November 30. “During a meeting between the Board of Directors of OPPO Mobiles India Pvt Ltd on November 28, 2018, it has been mutually decided that Mr. Yi Wang, Managing Director of the company will step down from his position, effective November 30,” an Oppo spokesperson said. The company, however, did not give any reason for the decision. It is yet to name Mr. Wang’s successor. ” Mr. Wang has been an important part of OPPO’s journey in India and has played a crucial role in the company’s success in the country since it entered the Indian market. We thank him for his valued contribution and wish him the very best for his future endeavours,” the spokesperson said. India is a key market for smartphone players as it continues to grow at a strong pace. According to research firm IDC, smartphone shipments in India touched an all-time high of 42.6 million units in July-September 2018, registering a year-on-year growth of 9.1 per cent.
Source : 30-11-18   Businesstoday.in   Compiled by www.naukri.com
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Did you know…

Did you know…

… that today is the birthday of the Mason Jar? In 1858, 26-year-old tinsmith John Landis Mason patented the Mason jar. Its screw top and lids made it easier to preserve food at home. And if you check out Pinterest, you’ll see they have a million other uses as well! 😉

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Today’s Inspirational Quote:

“Do you know the difference between education and experience? Education is when you read the fine print; experience is what you get when you don’t.”

— Pete Seeger

Riddles

I’m at the beginning of time and part of past, present and future. I’m part of history, but not of here and now. In a moment you’ll find me, if you know what I am. What am I?

 

 

 
The answer is: The letter T.

What is is that you will break even when you name it?

 

 

 
The answer is: Silence.