Tension is palpable and hushed conversations are commonplace at the information technology firm where Maya* works. “There is much anxiety in the company as reports of layoffs are making rounds,” Maya said, adding, "We are not sure how many have really been laid off, but we are dreading we may be next.”After a hiatus of a couple of years, IT firms have now returned to laying off non-performers.But there is a difference this time. Most vulnerable are those who are unable to upskill themselves to the changing demands.Close Skill recession related news IT spending in India to grow 6.6% to $94 bn in 2020: Gartner Infosys lays off thousands of mid, senior-level employees: Report Policy | Govt must treat Indian Tech as partners “The market is such,” said an industry watcher. “Digital skills are a major differentiator in the nature of layoffs we are seeing now and the one we witnessed a few years back,” the source added.Experts peg the … [Read more...] about Pink slips resurface in Indian IT industry, but for different reasons this time
Huge difference synonym
Adam Hasler looks like a footloose millennial. He’s worked as a model, waited tables, and lived all over the world. But at 28, there’s more to his résumé than meets the eye. advertisement advertisement He earned a dual degree in history and international relations at American University. After graduating, he and two partners–boosted by a $10,000 stake from his parents and an investment from a local restaurateur–took over the coffeehouse where he had worked since age 19: Modern Times, inside the Politics and Prose bookstore, a beloved Washington, D.C., institution. “I was 22 and naive,” he says now. “We got our asses handed to us.” Still, working 16-hour days for weeks on end, “living on cookies and beer,” Hasler and his partners increased the shop’s revenue in three years from less than $200,000 to $500,000. Stacy Brown-Philpot, 36 1997 First job: Pricewaterhouse-Coopers 1999 Second job: Goldman … [Read more...] about The Four-Year Career
Over the summer, Pittsburgh-based artist Nickolay Lamm released a Photoshop project destined to go viral: “Normal Barbie” imagined what a Barbie doll would look like if she had the proportions of an average 19-year-old woman. Responses poured in: Where could people buy a doll like that? The answer: nowhere. When Co.Design asked Barbie’s lead designer at Mattel if the company would ever release a more realistically proportioned doll, the answer was a roundabout Why should we? advertisement advertisement Mattel may not want to alter its magic formula, but plenty of designers over the years have tried to, including Lamm, who now plans to produce 5,000 “Lammily” dolls (read the full report from our sister site Co.Exist). They have created dolls that run against the Barbie grain for various reasons, whether it’s more realistic body proportions, more racial diversity, a more age-appropriate look for young girls or even more body hair. The … [Read more...] about A Short History Of Anti-Barbies
Terming the alliance among Shiv Sena, NCP and Congress as opportunistic, senior BJP leader and Union minister Nitin Gadkari on Friday said even if they formed the government in Maharashtra, it will not last beyond six to eight months.In an interview to PTI here during electioneering in Jharkhand, he said the alliance forged by these "ideologically different" parties was just to keep the BJP out of power, which was unfortunate. The state is going to five-phased polls from November 30."Opportunism is the base of their alliance. The three parties have become united with the only motto to keep the BJP out of power. I have doubts whether this government will be formed... Even if it is formed, it will not last beyond six to eight months,” Gadkari told PTI.Close Shiv Sena, Congress and NCP are discussing the modalities for forming the government in Maharashtra. A long-time ally, Shiv Sena parted ways with the BJP after the state poll results amid differences over chief ministership. … [Read more...] about Shiv Sena, NCP,Congress alliance opportunistic; their govt unlikely to last beyond 6-8 months: Gadkari
Nostalgia and pride are powerful motivators for philanthropy, which are how college endowments at the nation’s elite universities got as large as they are today. While thinking back fondly of your alma mater is common enough, now an ambitious new fundraising initiative is testing whether the same attitudes be harnessed to raise money for an institution that needs the cash even more: the New York City housing projects. advertisement advertisement “I take great pride in the fact that I’m a wonderful American dream story,” says Jeff Levine, a wealthy real estate developer who lives on Long Island with his wife and kids–a far cry from where he grew up. Recently, he got to take his children on a field trip to his stomping grounds as a child: his old apartment at Linden Houses in Brooklyn’s East New York neighborhood. Public housing is very different today than it was in the late 1950s and early 1960s when Levine resided there. At the time, … [Read more...] about Will Housing Project “Alumni” Give Back To A Crumbling System?