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Category: People (page 1 of 51)

HCL offices in South Korea, Vietnam, Taiwan get new leadership team

HCL Technologies, to drive and accelerate its presence in Asia, has appointed Joonho Moon as country sales head of South Korea. Terry Tai has been appointed to the same position for Taiwan business. And Nguyen Ha Tuan will lead the sales team in Vietnam.  Before joining HCL, Joonho Moon worked for over 20 years at Samsung SDS in various leadership positions.

Changing to digital will make demand for talent the key, says Rashid Premji

Demand for talent is soon going to be a ‘key dependency’ which will excel the supply chain, says Wipro chairman Rashid Premiji. The pandemic accelerated the shift to digital and now we must work to scale the supply chain, build mechanisms for equitable distribution and drive an efficient administration of vaccines, he said. Wipro and Azim Premji Foundation, together committed about Rs 1,125 cr to help battle COVID-19. 1,500 projects.

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80% of eligible staff to get a salary hike, says Wipro

Wipro has announced a salary hike for 80% of its eligible staff in Sept, its second such exercise this year to retain key employees. The increments will be in the high single digits for offshore employees while it will be in the mid-single digits for onsite employees. Wipro’s larger rival Tata Consultancy Services rolled out salary increments in April, the second in six months to its 4.89 lakh workforce across the globe.

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BharatNet maintenance will be done by 1L rural youths trained by CSC, TSSC

The Common Services Centers and Telecom Sector Skill Council have partnered to train 1L Village Level Entrepreneurs and youth for the maintenance of optical fiber of BharatNet. CSC will be conducting the training through online modes and will be based on optical fiber, entrepreneurship, and soft skills. CSC plans to provide FTTH to all homes in villages after the PM’s announcement of a nationwide optical fiber in the next 1,000 days.

ByteDance founder informs staff about shifting away from CEO responsibilities

ByteDance’s founder Zhang Yiming told his staff that he is already moving away from the duties of CEO and his work pace has reduced. In May this year, he stepped down as CEO and decided to move to a key strategic position. He is analyzing the other companies’ organizational structures and managing styles while also researching the education industry. He is still the chairman and has absolute voting power at the company.

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96,000 jobs to be added by top 5 Indian IT firms

Nasscom in a statement has said that the top 5 IT firms of India will be adding 96,000 new jobs. In FY21, the IT industry hired almost 138,000 people and has a strong plan for FY22. At present,  250,000 people are getting upskilled in digital skills and 40,000 have been hired. Nasscom pointed out that the BPM industry of India hires 1.4 mn people and not 9 mn as reported by a BoA study. As of March 2021, the IT-BPM sector has employed 4.5 mn people.

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TataSky signs on-demand enterprise deal with WeWork

TataSky has signed a long-term on-demand enterprise deal with WeWork. As per the deal, TataSky’s 250 employees can work at any of WeWorks locations, starting May 2021. The on-demand enterprise service has provisions of a microsite that allows them to seamlessly book workspace, conference rooms, parking, and other amenities. Since lockdown, WeWork has seen 10% growth with a sale of 10,000 desks in just the Jan-March period.

Microsoft elevates Satya Nadella as Chairman

Microsoft made Chief executive Satya Nadella the chairman of its board, strengthening his grip on the tech giant. Nadella after taking over as a CEO in the year 2014 has been credited for bringing new energy to the company. In his early days, Nadella laid off 14% of the workforce for restructuring and directed Microsoft’s focus towards cloud computing. Ever since Microsoft thrived on software – Windows and Office.

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Jack Ma “lying low” says Alibaba executive

Alibaba’s executive vice-chairman and co-founder Joe Tsai said that Jack Ma is lying low and focusing on personal hobbies and philanthropy. Since last year’s criticism by Ma of China’s regulatory system, he has been out of public view. Beijing enforced restructuring on the Ant group. In April Alibaba was charged with a $ 2.8bn fine for anti-competitive business practices. Jack Ma stepped down from Alibaba in 2019 but has had huge influence on investors.