Singapore is building a portal for people to assess their skills, and match them with jobs and training courses. The web site, Individual Learning Portfolio (ILP), is a part of the SkillsFuture initiatives by the Workforce Development Agency to allow people to update their skills throughout their careers. The web site will be available in stages from 2017.
SINGAPORE: As e-commerce continues to grow in the Asia-Pacific region, so too are the efforts of online merchants. In a bid to gain an edge over the competition, online vendors are providing new ways to connect with their customers in real time through services such as online chats. Seeking to capitalise on that, United States-based customer service software company Zendesk – which last year acquired Singapore live-chat start-up Zopim for US$29.8 million (S$40.2 million) – on Thursday (Feb 26) opened its Asia-Pacific headquarters on Commonwealth Drive.
TAIPEI, Taiwan — Taiwanese jobseekers’ interest in China has declined to a six-year low due partly to China’s economic slowdown, according to a 1111 Job Bank (1111人力銀行) survey released yesterday. The Taipei-based online job bank surveyed 1,103 people via email from Feb. 2 to Feb. 16, with a 2.95-percentage-point margin of error and 95-percent confidence level. About 61 percent of respondents claimed a personal interest in working in China, down 9 percentage points from 2009 and setting a new six-year low.
As part of its plan to invest in 5G technology, Chinese telecommunications giant ZTE announced that it will hire about 800 new engineers in China, Europe and the United States. The hiring will take place as the company sets aside US$400 million to develop 5G technology, which, it said, is 1,000-times more powerful than the current 4G technology.
BENGALURU: Infosys will hire 30,000 people in the next financial year, the lowest in the last three years, reflecting partly the company’s growing emphasis on automation and productivity improvements. The number was first mentioned by CEO Vishal Sikka in an investor call earlier this week to discuss the acquisition of US automation company Panaya. Infosys subsequently confirmed the number to TOI.
HCM City has the highest number of IT firms in the country, according to Vu Anh Tuan, general secretary of the HCM City Computer Association. Tuan said the city needed at least 3,000 employees for the software outsourcing sector, and 1,500-2,000 for other sectors involved in the IT industry. Many software companies were unable to recruit enough staff to serve their business expansion plan, he said.
Sony (China) Ltd., which sells TVs and digital products, will implement a large-scale layoff across China that mainly targets regular employees in local offices. According to reports in Chinese local media, Sony has over 40 subsidiaries and offices in 13 regions in China, including Beijing, Chengdu, Fuzhou, Guangzhou, Hangzhou, Jinan, Nanjing, Shanghai, Shenyang, Shenzhen, Tianjin, Wuhan, and Xi’an.
Taiwan’s Foxconn Technology Group, the world’s largest contract electronics manufacturer and maker of Apple devices, is hoping to slim its global workforce with the help of robots. The group currently employs about 1.3 million people during peak production times, making it one of the largest private employers in the world. As a key Apple supplier, the company has had a solid run in recent years, but faces declining revenue growth and rising wages in China.
The termination of another 36-year-old male employee from TCS has been stayed for two weeks by the Madras High Court on Wednesday. TCS had ended the services of this employee in December 2014. The court has also directed State Labour Conciliation Officer to commence proceedings to ascertain whether the fired TCS employee is a “workman” under the Industrial Disputes Act. The conciliation officer has also been directed to determine if IT establishments can be perceived as an industry under the ID Act.
CHENNAI: Tata consultancy Services on Tuesday revoked the termination of an employee who had first moved the court last week against TCS’ decision to terminate her services. The counsel for TCS submitted in court that the decision to revoke the termination is “in line with the practice of exempting employees who are pregnant from being relieved from the company.” TCS called this revocation as an exceptional case.
Employers are taking a cautious approach to hiring in the first half of 2015 with a net 37% of employers expecting to increase headcount in the first half of 2015, according to the latest Hudson Report: Employment Trends. “A slowdown in growth due to lack of demand from the Eurozone and China has affected certain industries while others will fare strongly on the back of US growth,” says Emmanuel White, General Manager, Hudson Singapore.
Australia’s online employment marketplace Seek is looking to fully acquire its pan-Asian counterpart Jobstreet for US$523.5 million, according to the Wall Street Journal. The deal will see Seek buying the remaining 78 percent of Malaysia-based JobStreet that it doesn’t already own. With the full JobStreet acquisition, Seek will have more reach into Malaysia, Singapore, Indonesia, and Vietnam. In December last year, Seek also bought 60 percent of JobsDB from Hong Kong-based JDB Holdings for about US$206 million.