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Twitter to See User Exodus Due to Elon Musk's Changes, Revenue to Be Flat for Two Years, Research Firm Says
Twitter will see an exodus of users on the platform over changes introduced by Elon Musk, while the company could see flat revenue growth over the next two years, according to a report by a market research firm. Revenue and staffing losses have reportedly made it more difficult for Musk to ship new products to increase usage and engagement on the p...
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24% Women In Micro, Small And Medium Enterprises' Workforce: Study
Nearly 24 per cent of the workforce in micro, small and medium enterprises comprise women which is higher than other industrial segments, a study undertaken by staffing and recruitment firm CIEL Human Resources Services said on Tuesday.
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Google To Amazon: IT Firms That Are Slowing Hiring, Bracing For Recession
With recession fears mounting- and inflation, the war in Ukraine and the lingering pandemic taking a toll- many tech companies are rethinking their staffing needs.
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US Settles Claim Against IT Firm For Discrimination Against American Workers
The US Department of Justice has announced that it has signed a settlement agreement with an IT staffing and recruiting company based in Texas for routinely discriminating against domestic workers in favour of temporary work visas, including the H-1B.
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Jobs Market On Rebound, Pre-Covid Levels Likely By Year-End: Top Firm
Jobs are returning in India as the economy recovers from lockdown-related losses, according to the head of a top staffing firm. Quess Corp, which claims to be India's largest private-sector employer providing staffing services to companies, saw its workforce rise in October for the first time since the coronavirus outbreak. Its numbers had dropped ...
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Worst Seems Over For India's Formal Job Market, Staffing Firm Says
India's unemployment rate has probably peaked with large companies looking to restart hiring as the economy gradually exits the world's biggest lockdown, says the head of a top staffing firm.
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Indian-American CEO Arrested In Silicon Valley Over H-1B Visa Fraud
An Indian-origin man has been charged in the US with H-1B visa and mail fraud, the officials said.
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US Firm Fined Nearly $350,000 For Underpaying H-1B Visa Employees
A Redmond-based information technology staffing company was asked to pay over $300,000 to its 12 H-1B employees for paying them far below their salary. The tech firm has also been fined over $45,000 for violating the labour provisions.
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Blackstone To Buy TeamHealth For $6.1 Billion
TeamHealth Holdings Inc said private equity firm Blackstone Group LP would buy it for $6.1 billion, in a deal meant to help the US hospital staffing company better cope with pricing pressure during a wave of consolidation.
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TeamLease Signs Pact To Acquire NichePro Tech
Staffing firm TeamLease Services Limited on Tuesday announced signing of a definitive agreement to acquire NichePro Technologies (NichePro) for an enterprise value of about Rs 29.5 crore.
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Indian-American CEO Allegedly Forced Help To Sleep Beside Dogs, Starved Her
An Indian-American CEO of an IT staffing and consulting firm has been charged in the US with callous treatment of a domestic worker who had come from India to work for her.
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HDFC Mutual Fund Raises Stake In Teamlease To 9%
HDFC Mutual Fund has increased shareholding in staffing firm Teamlease Services by 2.2 per cent to nearly 9 per cent by purchasing shares via open market.
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Quess Corp, India's Most Successful IPO In 9 Years, Soars 60% In Debut
Quess Corp made a stellar debut in stock markets, with shares in the staffing firm rising 58 per cent on Tuesday. Quess Corp's initial public offer (IPO) was oversubscribed 145 times, making it the most oversubscribed issue in the past nine years.
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Quess Corp To Make Stock Market Debut On July 12
Staffing firm Quess Corp, which recently concluded its Rs 400-crore initial share sale offer, will make stock market debut on Tuesday, July 12.
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Quess Corp's Rs 400 Crore IPO Oversubscribed
The initial public offer of staffing firm Quess Corp has been oversubscribed 1.16 times till the afternoon trade on the second day of the 3-day bidding.
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Twitter to See User Exodus Due to Elon Musk's Changes, Revenue to Be Flat for Two Years, Research Firm Says
Twitter will see an exodus of users on the platform over changes introduced by Elon Musk, while the company could see flat revenue growth over the next two years, according to a report by a market research firm. Revenue and staffing losses have reportedly made it more difficult for Musk to ship new products to increase usage and engagement on the p...
-
24% Women In Micro, Small And Medium Enterprises' Workforce: Study
Nearly 24 per cent of the workforce in micro, small and medium enterprises comprise women which is higher than other industrial segments, a study undertaken by staffing and recruitment firm CIEL Human Resources Services said on Tuesday.
-
Google To Amazon: IT Firms That Are Slowing Hiring, Bracing For Recession
With recession fears mounting- and inflation, the war in Ukraine and the lingering pandemic taking a toll- many tech companies are rethinking their staffing needs.
-
US Settles Claim Against IT Firm For Discrimination Against American Workers
The US Department of Justice has announced that it has signed a settlement agreement with an IT staffing and recruiting company based in Texas for routinely discriminating against domestic workers in favour of temporary work visas, including the H-1B.
-
Jobs Market On Rebound, Pre-Covid Levels Likely By Year-End: Top Firm
Jobs are returning in India as the economy recovers from lockdown-related losses, according to the head of a top staffing firm. Quess Corp, which claims to be India's largest private-sector employer providing staffing services to companies, saw its workforce rise in October for the first time since the coronavirus outbreak. Its numbers had dropped ...
-
Worst Seems Over For India's Formal Job Market, Staffing Firm Says
India's unemployment rate has probably peaked with large companies looking to restart hiring as the economy gradually exits the world's biggest lockdown, says the head of a top staffing firm.
-
Indian-American CEO Arrested In Silicon Valley Over H-1B Visa Fraud
An Indian-origin man has been charged in the US with H-1B visa and mail fraud, the officials said.
-
US Firm Fined Nearly $350,000 For Underpaying H-1B Visa Employees
A Redmond-based information technology staffing company was asked to pay over $300,000 to its 12 H-1B employees for paying them far below their salary. The tech firm has also been fined over $45,000 for violating the labour provisions.
-
Blackstone To Buy TeamHealth For $6.1 Billion
TeamHealth Holdings Inc said private equity firm Blackstone Group LP would buy it for $6.1 billion, in a deal meant to help the US hospital staffing company better cope with pricing pressure during a wave of consolidation.
-
TeamLease Signs Pact To Acquire NichePro Tech
Staffing firm TeamLease Services Limited on Tuesday announced signing of a definitive agreement to acquire NichePro Technologies (NichePro) for an enterprise value of about Rs 29.5 crore.
-
Indian-American CEO Allegedly Forced Help To Sleep Beside Dogs, Starved Her
An Indian-American CEO of an IT staffing and consulting firm has been charged in the US with callous treatment of a domestic worker who had come from India to work for her.
-
HDFC Mutual Fund Raises Stake In Teamlease To 9%
HDFC Mutual Fund has increased shareholding in staffing firm Teamlease Services by 2.2 per cent to nearly 9 per cent by purchasing shares via open market.
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Quess Corp, India's Most Successful IPO In 9 Years, Soars 60% In Debut
Quess Corp made a stellar debut in stock markets, with shares in the staffing firm rising 58 per cent on Tuesday. Quess Corp's initial public offer (IPO) was oversubscribed 145 times, making it the most oversubscribed issue in the past nine years.
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Quess Corp To Make Stock Market Debut On July 12
Staffing firm Quess Corp, which recently concluded its Rs 400-crore initial share sale offer, will make stock market debut on Tuesday, July 12.
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Quess Corp's Rs 400 Crore IPO Oversubscribed
The initial public offer of staffing firm Quess Corp has been oversubscribed 1.16 times till the afternoon trade on the second day of the 3-day bidding.
