Vol. V – Edureka Career Watch – 9th Feb. 2019

An average professional spends over a third of their life at work. This literally makes your office your second home. With that in mind, it is important to be satisfied with what you do to earn your bread and butter. To help you attain this job satisfaction and understand industry job trends that might help you make the next big decision for your career, Edureka Career Watch is bringing you yet another set of career-oriented stories.

So, without further ado, let’s delve into the top stories related to careers and jobs in the industry for this week.

TCS on a Hiring Spree, Looking to Fill Over 30,000 Vacancies

Tata Consultancy Services, a name that has become synonymous with the Indian IT space is on a mission to reduce the unemployment rate in India. The company recently announced that it is looking to fill over 30,000 job openings across offices in the subcontinent. The job openings are specific to entry to mid-level professionals with proficiency in software technologies. Rajesh Gopinathan, MD and CEO of the tech giant stated that the unemployment gap exists in India not because there are not enough job openings but because the right talent is not available. He added that the demand strong is strong and if they are able to train and re-skill professionals, these rates could decline rapidly.

As stated by Gopinath, Indian professionals need to re-skill themselves in the right technologies to be hireable.

via Times Now

Learn the latest technologies that companies are hiring for.

GM Laying Off 4,000 White Hat Workers, Cutting Workforce by 15 percent

The largest US automaker, General Motors recently announced that it is laying off 4,000 salaried workers in the latest round of restructuring. News of this restructured first surfaced in November 2018 and the company had announced plans of shrinking its workforce by 15 percent. Pat Morrissey, a GM spokesperson said that these actions were a necessary measure to secure the future of the company and preserving thousands of jobs in the U.S. and globally. He added that these measures are being taken now because the job market and economy is strong which might help affected employees to advance in their careers.

via Reuters

US Job Market in Best State Since Decades, 304,000 New Jobs, 100 Months of Growth

The US job market seems to be at its best in decades. The White House went on record stating that there were over 304,000 new jobs that were created in January of this year which represents 100 straight months of job growth. These figures are a win for both the government and professionals looking to get employed in the United States. Kevin Hassett, White House economist said that the year has started off strong with a ton of job openings in January pointing to the expansion of more than three percent in the first quarter.

Don’t miss out on these newly created jobs if you are looking to advance in your career.

via Vox

Learn the top technical skills in the industry.

Uber Hiring for a New Project Based on Self-Driving Two-Wheelers 

The biggest name in the cab-based transportation industry today, Uber is looking to expand into unchartered waters. The company is looking to get into the self-driving scooters and bikes domain, according to the CEO of a robotics company. Uber has also released a Google Form with information that it is hiring for a new division in the company called ‘Micromobility Robotics.’ The vacancies apparently include professionals skilled in hardware and software technologies, mechanical engineers, product and project managers, and marketing and communication professionals. 

via Uber

Blockchain Startup will Verify Degrees & Skills, to Counter Dishonesty on Resumes

A resume or LinkedIn profile is not always the perfect document to judge a candidate’s professional and personal abilities because many a time, people tend to be dishonest on them. A blockchain startup named EchoLink aims to tackle this issue by using the distributed ledger approach to verify and validate the authenticity of digital documents. This could help companies with the screening process for potential hires and ensure that only the most deserving professionals get their hands on the offer letter.

Blockchain is a technology that is literally redefining everything we do.

via EchoLink

Learn Blockchain and future-proof your career.

Make full use of Edureka Career Watch’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 box below and never miss these important updates.