LinkedIn’s said that 40% of Indian professionals expect an increase in new jobs, and 1 in 2 expect their organisation to do better in the next half year. The report said that 46% YoY growth of hiring in Oct, is part of the optimism. The platform witnessed a 300% rise in LinkedIn Learning courses, which is likely to continue in 2021 with 3 in 5 professionals said they will spend more time in online learning. LinkedIn predicts that in 2021 flexible work policies to become more common.
National Skill Development Corporation (NSDC) has partnered LinkedIn to provide access to 10 free LinkedIn Learning paths consisting of 140 courses for a range of in-demand tech jobs. These video courses will help job-seekers develop a range of skills from entry-level digital literacy to advanced product-based skills. Courses will be made available for free on eSkill India digital platform until 31st March, 2021.
The infamous North Korean Lazarus group is targeting cryptocurrency firms by sending phishing emails via LinkedIn. A system administrator from the target organization received a phishing doc on LinkedIn that offered a job in blockchain technology, as per F-Secure. Lazarus Group has been behind several attacks with COVID-19 phishing campaign being the latest one. It stole nearly $600M worth of cryptocurrency between 2017 and 2018.
At a time when India is struggling with unemployment, Google is expanding its entry-level job search app called ‘Kormo Jobs’. The job search feature was, last year, launched as a spot on Google Pay app. Google says that it is now re-branding the feature as Kormo app. This move can also be considered as an approach to hurt LinkedIn which doesn’t have a strong presence in emerging markets. The app also helps people to learn new skills and easily create a CV.
While the COVID-19 pandemic has increased the demand for job search on LinkedIn, the firm itself has planned to cut 960 jobs. A meeting invite will be sent to employees if they are included in the layoffs. Employees can keep the firm’s equipment during WFH while making a career transition. Affected employees will get 10 weeks severance pay; can keep health insurance for a year. In future, the firm will also hire for newly-created roles from laid-off staff.
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Microsoft launched an initiative for digital upskilling of 25M people worldwide. The firm will offer free content access in LinkedIn, Microsoft Learn, GitHub Learning Lab. It will also give Microsoft Certifications and access to LinkedIn job seeking tools. Non-profit organizations that assist people to learn digital skills will be granted $20M by Microsoft. This initiative comes in to recover economy as it requires skilled workforce.