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IT companies' hiring offers slight respite to engineering colleges

IT companies like Infosys, Wipro, TCS are vital for engineering colleges as they tend to make large hirings, ranging from a few hundreds to thousands, usually in September.

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Saudi Arabia to begin 25% localisation in engineering jobs

Saudi Arabia on Sunday, January 21, announced the decision to localize 25 percent of engineering professions starting from July 21, 2024.

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BharatPe Witnessses Net Loss of Rs 941 Crore in FY23 Compared to Rs 834 Crore in FY22: Report

Fintech major BharatPe’s net loss widened to Rs 941 crore during FY23, compared with Rs 834 crore in the previous fiscal. “We excluded the loss worth 4,782 crore in FY22 which it incurred due to change in fair value of compulsory convertible preference shares,” according to an Entrackr report, citing BharatPe’s annualised financial statement shared with shareholders. 📲 BharatPe Witnessses Net Loss of Rs 941 Crore in FY23 Compared to Rs 834 Crore in FY22: Report.

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Student interest in engineering on decline; trend to rise with slump in IT sector hiring

"In the past five years, BTech and BE courses have seen a steady decline as job opportunities in core streams have diminished. The overall fresher hiring by IT companies has declined from 26 per cent of overall passouts in FY22 to 15 per cent and 10 per cent in FY23 and FY24, respectively," Sharma told PTI.

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IT's not all: MNCs make engineer shift in offshore hiring

Several MNCs have been shipping out research, design and engineering jobs to India, marking a shift in the profile of offshored jobs from the traditional IT and shared services support to engineering and technical or product-related roles, the experts said.

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Engineering job applications tumble as firms struggle to source skills

The engineering industry has seen the biggest month-on-month decline in job applications than any sector, that’s according to the latest data from the w...

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Blockchain Developer To Data Scientist, 5 High Paying Engineering Jobs In India

Engineers are employed by companies to protect themselves from cyber-attacks and develop software, algorithms and other crucial tasks.

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