Vol. IX – Edureka Career Watch – 16th Mar. 2019

As we have been emphasizing since the beginning of this year, 2019 has been one of the best years for career and job trends in a very long time. We have seen companies expand massively creating hundreds if not thousands of potential jobs for professionals. We have also seen the overall economic and financial markets favor further hiring in already established giants. Finally, we have seen hundreds of fresh and innovative startups open up and create new opportunities. Most of this news is overlooked by many, but we at Edureka Career Watch aim to keep you updated on these trends.

So, without further ado, let’s dive into the top stories related to careers and jobs of this week.

IBM Chief says Skill Gap in India is Impeding Job Prospects

Ginny Rometty, the chairman, president and chief executive of world-renowned IT giant, IBM recently was quoted to state that there are massive opportunities in the Indian job market but the lack of skilled professionals is impeding job prospects. This trend is not just limited to the Indian market. In fact, the skill gap in the IT industry has been slowly but surely increasing for the past few years. Rometty stated that businesses and governments need to work together to reduce this gap and increase the employability of professionals.

Contrary to the popular perception that there are very few job opportunities in the market, the market is booming with potential vacancies.

via Business Today

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GM Looking to Double Headcount by Q4, Plans to Hire 1,000 New Candidates

General Motors, one of the biggest names in the automobile sector is looking to double its headcount by the end of 2019. The company’s Cruise unit, a self-driving project, will be the primary focus of the US’s number one carmaker this year. The auto giant hopes to launch a robotaxi service by the end of this year utilizing the new resources they hire. Though unclear at this point, GM is probably trying to attract engineers of both hardware and software domains with varying degree of experience to fill these vacancies.

via Reuters

Facebook Lists Several Job Openings for its Blockchain Team 

Social networking giant, Facebook, is looking to strengthen its Blockchain team by adding more hands on deck. The tech giant recently listed 20 new job openings at several locations for its dedicated crypto team. The vacancies range from senior roles like product managers and data scientists to entry to mid-level roles like security engineers, researchers, and product designers. Facebook is also looking for an executive to take care of their technology communications division.

Blockchain has definitely become the new norm and job openings in the crypto sector are at an all-time high.

via Facebook

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SpaceX Gears Up for Starlink Orbital Broadband Network, List Several Job Vacancies

SpaceX’s ambitious program for a worldwide data network seems to be closer to reality than ever. The company recently listed several job openings that are directly linked to its Starlink Constellation project. The space exploration and technologies giant is looking for engineers in both the hardware and software domains who can take up positions in its Redmond and Hawthorne offices. Although there are only a handful of jobs listed, the team the company is trying to build will be a diverse ensemble of a diverse team of network engineers, product designers, electrical engineers, and reliability professionals.

via SpaceX

Cybersecurity Skill Gap Continues to Widen, Lack of Skilled Talent Threatens Companies

ISACA, an international IT governance firm recently released a report that discusses the state of cybersecurity in the market today. According to the study, the skill gap in the cybersecurity domain is continuing to increase and companies are trying desperately to hire professionals who will be able to take charge of their online security and privacy. The report also states that today, it takes anywhere between 90 to 180 days for a company to fill a vacancy in the cybersecurity sector. ISACA also states that organizations believe that university graduates in the field of cybersecurity are not sufficiently prepared to work on real-time projects.

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Cybersecurity is a domain that is expanding rapidly but the supply to demand ratio of professionals is quite low.

via ISACA

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Before we end this blog, here’s something for you to think about: What makes Edureka your ideal learning partner?

Make full use of Edureka’s expertise in the education and career counseling space. Speak with our course advisors today to get a clearer picture of your career path and more. Call us at:  IND: +91-960-605-8406 / US: 1-833-855-5775 (toll-free).

These were the major news stories related to job openings and career trends in the market this week. If you have any questions, suggestions or there are any specific topics you’d like us to cover, feel free to hit us up in the comments section below. Edureka Career Watch will be back next week with the top stories that you need to know. So, make sure you are subscribed to our blog through the subscription button below and never miss these important updates.