Monday, August 4, 2014

Google most attractive employer among Asia-Pacific graduates

Internet giant Google is the most attractive employer for graduates from the Asia-Pacific region in a list of top companies which figures no Indian company.

According to global employer branding firm Universum's 2014 Most Attractive Employers in Asia-Pacific Ranking, Google has emerged as the most desirable employer among business, as well as engineering and IT students in the APAC region.

Read More at Times of India.

IT professionals may get double-digit hike this year

Riding on the back of better operational performance, tech companies are likely to dole out higher wage increases for employees in the current year. After an average 8-10% hikes last year, the IT staff can expect a double-digit increase in emoluments this year, industry body Nasscom said on Wednesday.

The assessment, based on an internal survey of Nasscom members, indicates that attrition levels and lateral hiring will also increase.

Read More at Times of India

Heads rolling at Beats as Apple eliminating redundant positions, Ian Rogers & Trent Reznor to stay on

As Apple’s acquisition of Beats Electronics and Beats Music nears completion this financial quarter, the Cupertino and Culver City, California-based companies have begun work on transitioning select employees and technology resources from Beats to Apple, according to sources briefed on the transition. Apple executives have visited Beats’ Southern California headquarters this week and last week to offer groups of employees positions at Apple and to notify some members of the Beats staff that they will not be included in the transition.


2014 July Job Cut Report: 46,887 Job Cuts Announced Boosted by Microsoft

The unexpectedly large layoffs announced by Microsoft helped push July job cuts to the second highest level of the year. In all, U.S.-based employers reported plans to reduce payrolls by 46,887 during the month, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

The July total was up 49 percent from June’s 31,434 job cuts, which was the fewest number of cuts announced, year to date. It was 24 percent higher than the 37,701 cuts recorded in July 2013. The only month to see more job cuts so far this year was May, when job cuts reached 52,961.

Employers have announced 292,921 job cuts, to date. That is 1.3 percent fewer than the 296,633 job cuts announced in the first seven months of 2013.


Microsoft layoffs hit D.C. office

Microsoft’s massive layoffs have hit the company’s Washington policy office.
Five policy and government relations staffers were let go in a restructuring process that hit both Microsoft and its subsidiary Nokia.

Read more at Politico 

Broadcom winds down baseband unit, cuts 2,500 jobs

Broadcom on Tuesday said it is winding down its money-losing cellular baseband chip business and cutting one-fifth of its total workforce, instead of selling the unit.

Chief executive Scott McGregor told analysts on a conference call that after Broadcom said in early June it would exit baseband and then tested the market for a possible sale, the company decided to shut it down.
Source: Times of India