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As more and more companies across the spectrum sack employees amid the global meltdown, at least 853 tech companies worldwide have laid off about 137,492 employees to date, and the tally is only going north amid recession fears. According to data from layoffs.fyi, a crowdsourced database of tech layoffs, 1,388 tech companies have fired a total of 233,483 employees since the onset of Covid-19, but 2022 has been the worst for the tech sector. As of mid-November, more than 73,000 workers in the US tech sector have been laid off in mass-level job cuts led by companies like <keyword id="399907" type="General" weightage="80" keywordseo="meta" source="Orion">Meta</keyword>, Twitter, Salesforce, Netflix, Cisco, Roku, and others. Robinhood, Glossier, and Better are just a few of the tech companies that have notably trimmed their headcount in 2022, according to Crunchbase. Big Tech companies like Amazon and PC and printer major HP Inc have joined the global layoff season and were set to lay off more than 10,000 and up to 6,000 employees in days to come, respectively. Amazon CEO Andy Jassy has warned employees that there will be more layoffs at the company in early 2023 "as leaders continue to make adjustments". The massive job cuts have hit several divisions, especially the Alexa virtual assistant business reportedly set to lose $10 billion this year as the voice assistant never managed to create an ongoing revenue stream. Alphabet, <keyword id="6355629" type="General" weightage="80" keywordseo="google" source="Orion">Google</keyword>'s parent company, is reportedly gearing up to lay off about 10,000 "poor performing" employees, or 6 per cent of its workforce. According to a report in The Information, Google plans to ease out 10,000 employees through a new ranking and performance improvement plan. In India, nearly 16,000 employees have been asked to go by about 44 startups, led by edtech companies like BYJU'S, Unacademy, and <keyword id="2016957" type="General" weightage="80" keywordseo="vedantu" source="Orion">Vedantu</keyword>, as VC funding dried up. Other tech startups and unicorns that have laid off employees in India include Ola, Cars24, Meesho, LEAD, MPL, Innovaccer, Udaan and more. Meanwhile, thousands of contractual employees have also been let go, making 2022 the harshest year for workers in the technology sector. The startup ecosystem's funding winter could last another 12 to 18 months and the industry may face "a lot of turmoil and volatility", <keyword id="6354742" type="General" weightage="80" keywordseo="flipkart" source="Orion">Flipkart</keyword> CEO Kalyan Krishnamurthy has warned. Indian startups are going through steep hiring cuts and the hiring of permanent employees has dipped by a significant 61 per cent in the last 12 months, according to the annual insights report by <keyword id="15395027" type="General" weightage="80" keywordseo="razorpayx-payroll" source="Orion">RazorpayX Payroll</keyword>, the business banking platform of Razorpay. Only two startups in India, Shiprocket and OneCard, attained unicorn status (valuation $1 billion and above) in the July-September period, according to the latest PwC India report. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/netflix-working-on-brand-new-aaa-pc-game-project/articleshow/95740337.cms">Netflix working on 'brand-new AAA PC game' project</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/binance-looks-to-hire-8k-people-by-2023-end-ceo/articleshow/95716850.cms">Binance looks to hire 8K people by 2023 end: CEO</a>

853 tech firms lay off over 137,492 workers globally, more job cuts coming

More than 32,000 tech workers have been laid off in the US till July this year, including at Big Tech companies like <keyword id="10387" type="General" weightage="80" keywordseo="microsoft" source="Orion">Microsoft</keyword> and <keyword id="399907" type="General" weightage="80" keywordseo="meta" source="Orion">Meta</keyword> (formerly Facebook) and the worst has not been over yet for the tech sector that has seen massive stock sell-off. According to the data compiled by Crunchbase, more than 32,000 workers in the US tech sector have been laid off in mass job cuts, as of late July. "We've included both startups and publicly traded companies that are based in the US. We've also included companies based elsewhere that have a sizable team in the United States, such as Klarna," the analysis said. The layoff includes ride-sharing platform Uber, <keyword id="128682" type="General" weightage="80" keywordseo="netflix" source="Orion">Netflix</keyword> and several cryptocurrency exchanges and lending platforms. Robinhood, <keyword id="4522875" type="General" weightage="80" keywordseo="glossier" source="Orion">Glossier</keyword> and Better are just a few of the tech companies that have trimmed their headcount this year. Since April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13 per cent are from <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>, according to latest data compiled by layoffs.fyi, a website that tracks layoffs in startups. In India, more than 25,000 startup workers have lost jobs since the pandemic began -- and more than 11,500 have been fired this year. The layoffs in India are dominated by edtech platforms like Unacademy (1,150 employees), BYJU'S (550 at Toppr and <keyword id="8080458" type="General" weightage="80" keywordseo="whitehat-jr" source="Orion">Whitehat Jr</keyword>) and <keyword id="2016957" type="General" weightage="80" keywordseo="vedantu" source="Orion">Vedantu</keyword> (624), along with ride-hailing platform <keyword id="6354720" type="General" weightage="80" keywordseo="ola" source="Orion">Ola</keyword> (nearly 500), healthcare startup MFine (600) and pre-owned cars platform Cars24 (600), among others. The other Indian startups and unicorns that have laid off employees are Meesho, MPL, Trell and Blinkit (now owned by <keyword id="830092" type="General" weightage="80" keywordseo="zomato" source="Orion">Zomato</keyword>), among others. SEE ALSO : <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/amazon-great-freedom-festival-date-announced-sale-starts-august-6-onwards/articleshow/93268050.cms">Amazon Great Freedom Festival date announced - sale starts August 6 onwards</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/swine-flu-resurfaces-in-keralas-wayanad-first-time-in-kannur/articleshow/93267832.cms">Swine flu resurfaces in Kerala's Wayanad, first time in Kannur</a>

Over 32K tech workers fired in US, more than 11K in India this year

<ul><li>With students moving to remote learning setup, edtech companies like Gradeup, Vedantu, Simplilearn, <keyword id="2008319" type="COMPANY" weightage="20" keywordseo="Upgrad">upGrad</keyword>, Unacademy, Masai School and others are hiring across roles including educators and product managers. </li><li>According to a <keyword id="769079" type="COMPANY" weightage="20" keywordseo="ManpowerGroup">ManpowerGroup</keyword> estimate, there are approximately 12,000 job vacancies for permanent roles across edtech companies in India, as of June. </li><li>Another 90,000 job openings are for contractual roles in the edtech sector. </li><li>Krishna Kumar, CEO and Founder of Simplilearn believes that the lockdown has been a ‘game-changer’ for the edtech sector as there has been a sudden surge in enrollments from students as well as working professionals.</li></ul>As schools and universities move to online modules for learning continuity, edtech has emerged as one of the top sectors that have been hiring aggressively despite the lockdown. With students moving to remote learning setup, these edtech companies like Gradeup, Vedantu, Simplilearn, upGrad, Unacademy, Masai School and others are hiring across roles including educators and product managers. Krishna Kumar, CEO and Founder of Simplilearn believes that the lockdown has been a ‘game-changer’ for the edtech sector as there has been a sudden surge in enrollments from students as well as working professionals. Over 1 lakh job opening in edtech companies for permanent and gig roles <a href="https://economictimes.indiatimes.com/jobs/situations-vacant-12000-jobs-on-offer-in-edtech/articleshow/76175565.cms">According to</a> a ManpowerGroup estimate, there are approximately 12,000 job vacancies across edtech companies in India, as of June. And that constitutes only the permanent job roles. Another 90,000 job openings are for contractual roles in the edtech sector. Simplilearn now has over 100 job openings for permanent roles and 500 vacancies for specialised or gig roles. “At Simplilearn, we witnessed a 30% jump in enrollments between March and April, 2020. While hiring was always part of the plan, the current phase has also triggered the need for more manpower to cater to this rising demand,” Kumar told Business Insider. However, as far as appraisals are concerned, Kumar said that the company is in a ‘wait and watch’ mode. “But all bonuses and variables are paid as per plan,” he added. Masai School is also planning to add nearly 20 people by the end of June. This includes Lead instructors, curriculum leads, technical mentors, marketing manager, admissions counselor and subject matter experts. “In addition to this, we have also rolled out appraisals to the existing team, for the year,” said Prateek Shukla, CEO &amp; Co-founder of Masai School. The demand for educators increase as the learner base grows Whitehat Jr, on the other hand, is doubling the number of employees and teachers to meet the 100% month-on-month increase in student enrollments. The company plans to hire 1,500 teachers and 400 other staff almost every month, CEO Karan Bajaj <a href="https://www.businessinsider.in/careers/news/jobs-at-whitehat-jr-edtech-startup-profile-experience-salary-and-other-details/articleshow/75687582.cms">said </a>in an earlier interview. Unacademy too, plans to onboard over 500 educators over the next one year while it is also focussing on recruiting across teams such as sales, operations, confirmed Tina Balachandran, VP, HR at Unacademy. The edtech companies attribute the rise in jobs to the increased demand for online learning. “Due to the increased demand for online learning, we are definitely ramping up our backend and technology and have plans to hire 1500 employees across all levels and with domain expertise in the field of technology, product, finance, strategy &amp; HR,” said Vamsi Krishna, CEO &amp; Co-founder of Vedantu. The platform says that its revenue grew by over 80% with the students spending an average of 18-20 minutes per live class daily. Gradeup also witnessed nearly 25% surge in daily enrollments, especially live classes for JEE &amp; NEET aspirants. “With Covid 19 and the lockdown due to increase in demand, our requirements in academic positions have specifically gone up. At the same time we are also scaling up on the sales team to cater to the demand of online classes which were provided by offline institutes in the past. For the next quarter, we will hire technology, product and sales professionals. We have been hiring 30-40 people for these categories since May,” Shobhit Bhatnagar, CEO and Founder of Gradeup told Business Insider. Meanwhile, <a href="https://www.businessinsider.in/education/news/media-mogul-turned-education-entrepreneur-ronnie-screwvala-says-coronavirus-might-have-usher-a-new-era-of-online-learning/articleshow/74550344.cms">upGrad</a> onboarded senior staff including CEO Arjun Mohan and VP Puneet Tanwar, amid the lockdown. “We have closed a couple more senior management positions too, on the product and business side and they will be joining us in the next 4-6 weeks. All our hiring procedures have been shifted to online with immediate effect, which includes video calling at the time of shortlisting the candidate, followed by another round of interview call with the HR and the respective team manager,” Mayank Kumar, Co-founder &amp; MD, upGrad said. The hiring and onboarding has also witnessed a shift. Companies are virtually onboarding employees via video conferencing tools — leveraging technology and digitisation. See also: <a href="https://www.businessinsider.in/careers/news/digital-skills-that-experts-believe-you-need-to-survive-the-current-job-crisis/articleshow/76167406.cms">Digital skills that experts believe you need to survive the current job crisis</a> <a href="https://www.businessinsider.in/education/news/indian-government-may-allow-schools-to-open-after-august-15/articleshow/76252838.cms">Indian government may allow schools to open after August 15</a> <a href="https://www.businessinsider.in/education/news/iit-bombay-kharagpur-roorkee-and-kanpur-students-will-not-have-to-sit-for-final-year-exams/articleshow/76167610.cms">IIT Bombay, Kharagpur, Roorkee and Kanpur students will not have to sit for final year exams</a>

Edtech hirings at an all-time high — over 4,100 job openings in Unacademy, Vedantu, Simplilearn and more

Finance Minister <keyword id="129243" type="PERSON" weightage="20" keywordseo="Nirmala-Sitharaman">Nirmala Sitharaman</keyword> called startups the ‘strength of India’ as she pushed “job seekers” to turn “job creators”. In a big move, employees at startups who have stock options will be exempt from tax if they leave the company or sell their shares in the first five years. She proposed the tax relief given to startups. Earlier, a startup with turnover up to ₹25 crores was allowed 100% tax deduction on profits for seven years. The budget also proposed to expand it on two counts that can include older startups and those which are larger too. Here are some top reactions: Neelesh Talathi, CFO, Pepperfry 
 
 <div type="image" title="Neelesh Talathi, CFO Pepperfry" msid="73843354" hostid="261" caption="&amp;lt;p&amp;gt;Neelesh Talathi, CFO Pepperfry&amp;lt;br&amp;gt;&amp;lt;/p&amp;gt;"></div>





 “The Finance Minister has been empathetic about no tax harassment, resolving litigations. Resolving credit issues, app-based working capital solutions and more strategic aspects like National Logistic Policy are all initiatives that address core issues of our MSME sector.” “While these efforts will help boost the economy, it is imperative to arrest slippage in the Fiscal Deficit. To augur investment in our economy an aggressive disinvestment agenda, reforms including that of the government machinery etc. would have been welcome." <keyword id="258109" type="PERSON" weightage="20" keywordseo="Mayank-Kumar">Mayank Kumar</keyword>, Co-founder and MD of upGrad 
	
 
 <div type="image" title="Mayank Kumar" msid="73843449" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;strong&amp;gt;Mayank Kumar, Co-founder and MD of upGrad&amp;lt;/strong&amp;gt;&amp;lt;br&amp;gt;&amp;lt;/p&amp;gt;"></div>





 We at upGrad believe that upskilling is the critical route to steer India towards becoming a $5 trillion economy. But I would have been happier if the Government had taken steps to encourage investment in reskilling among professionals by allowing them a tax-break privilege under Section 80C from the Income Tax Act, 1961, like that of Mutual Funds or Life Insurance." Kunal Bahl, CEO &amp; Co-founder, <keyword id="541988" type="COMPANY" weightage="20" keywordseo="SnapDeal">Snapdeal</keyword> 
	
 
 <div type="image" title="kunal snapdeal" msid="73843509" hostid="261" caption="&amp;lt;p&amp;gt;Kunal Bahl, CEO &amp;amp;amp; Co-founder, Snapdeal&amp;lt;/p&amp;gt;"></div>





 “We are thankful for accepting the start-up sector's request for ESOP taxation reforms. Also, the higher time &amp; turnover limits for carry forward of losses for start-ups will enable them to optimize growth decisions in formative years." Overall, <keyword id="7836802" type="UNKNOWN" weightage="20" keywordseo="Budget-2020">Budget 2020</keyword> is a thoughtful weaving together of specific proposals to tackle varied issues. Measures to improve access to finance for MSMEs and reduced taxation for the middle-income segment are welcome steps. Boosting physical infrastructure, expanding digital connectivity and growing use of technology in government functioning are important building blocks for the long-term growth of the Indian economy." Vivek Goyal, Co-Founder, PlayShifu 
	
 
 <div type="image" title="play" msid="73843683" hostid="261" caption="&amp;lt;p&amp;gt;Vivek Goyal, PlayShifu&amp;lt;/p&amp;gt;"></div>





 "One of the core reasons behind a successful startup is the ability to hire from a very talented pool and to keep them motivated during the long and hard journey of scaling. This is the reason why startups from hubs like Silicon Valley grow up to become world-renowned and add value to society at large. The tax deferment on ESOPs will prove to be one of the significant factors and levers in motivating growth-enabling employees, a great step in helping startups in India to scale by hiring and retaining them! Reforms like these give more power to the Indian startup hub to make a mark on a global scale and contribute towards India's $5 Trillion vision by 2025." Raghav Gupta, Managing Director, India and APAC, Coursera 
	
 
 <div type="image" title="coursera" msid="73843748" hostid="261" caption="&amp;lt;p&amp;gt;Raghav Gupta, Managing Director, India and APAC, Coursera&amp;lt;/p&amp;gt;"></div>





 “It is a progressive budget that acknowledges the role technology can play in addressing challenges and improving access to quality higher education and employment opportunities for India's youth. Government's announcements related to the development of emerging technologies like AI, ML, Data Analytics ecosystem in the country and skilling opportunities for the youth, clearly reflect the focus on preparing the youth for jobs of tomorrow." <keyword id="36872" type="PERSON" weightage="20" keywordseo="Vamsi-Krishna">Vamsi Krishna</keyword>, CEO &amp; Co-founder, Vedantu 
	
 
 <div type="image" title="Vamsi Krishna, CEO and Co-founder of Vedantu" msid="73843907" hostid="261" caption="&amp;lt;p&amp;gt;Vamsi Krishna, CEO &amp;amp;amp; Co-founder, Vedantu&amp;lt;/p&amp;gt;"></div>





 “The vision of making education accessible to the farthest corner of the country will greatly benefit students. The allocation of budget to hone the skill sets of teachers and educators will positively impact quality learning and thereby provide a boost to the education sector. Additionally the allocation of budget to BharatNet will also have a deep impact on skilling rural India as it has the potential to open up online learning to students and professionals from remote villages. With better bandwidth internet, a qualified teacher located in a metro city can impart LIVE online classes to students in small town India, where there’s a dearth of quality education. Technology will soon disrupt the entire concept of the classroom and make it an extremely personalized, one to one teaching-learning experience tailored for each mind.” Ola Mobility Institute “The clean-air fund of Rs 4,400 crores to be provided in the form of incentives to be notified by MoEFCC should consider measures to link the incentives to the electrification of vehicles and associated infrastructure such as battery-swapping and charging." Padmaja Ruparel, Founding Partner, IAN Fund “The budget 2020 represents a big win for the country’s startup ecosystem. The Government has paid heed to our concerns and rolled out reforms like a 5 year tax holiday for ESOP. This positive sentiment is evident in the Government’s drive to roll out “no tax harassment” policies along with the establishment of the investment clearance cell for assisting entrepreneurs in India." See also: <a href="https://www.businessinsider.in/budget/news/startup-esops-to-be-non-taxable-for-five-years/articleshow/73824551.cms">Good news for startup employees - your ESOPs won’t be taxed for five years</a> <a href="https://www.businessinsider.in/budget/news/ikea-furniture-and-jimmy-choo-shoes-will-get-costlier-after-budget-2020/articleshow/73841697.cms?src=hp_latest">IKEA furniture and Jimmy Choo shoes will get costlier after budget 2020</a> <a href="https://www.businessinsider.in/budget/news/new-education-schemes-reforms-policies-in-budget-2020/articleshow/73836166.cms?src=hp_latest">Budget 2020: Indian education sector will now get students and funds from foreign lands</a>

This is how top startup founders reacted to budget 2020

<ul><li>From global companies like Meta, Amazon,Twitter to Indian firms like Byju’s, Zomato, Vedantu — thousands of people were become <keyword id="176161" type="General" weightage="20" keywordseo="laid-off" source="Orion">laid off</keyword> and are now on job hunt. </li><li>Several people on <keyword id="28120" type="General" weightage="80" keywordseo="linkedin" source="Orion">Linkedin</keyword> and Twitter have been vocal about being laid off and asking for help in <keyword id="15791198" type="General" weightage="20" keywordseo="finding-new-jobs" source="Orion">finding new jobs</keyword>. </li><li>Business Insider India spoke to a few experts to understand how being laid off impacts one’s career.</li></ul>An Indian software developer relocated to Canada 11 months back in search of a job and found it too. But within two days of joining Meta, he was laid off. “What's next for me? Honestly, I have no idea! I'm looking forward to whatever comes next. Let me know if you know of any position or hiring for a software engineer (Canada or India),” writes <a href="https://www.linkedin.com/posts/himanshu-v-1b930990_meta-meta-metalayoff-activity-6996154816980811778-jwQQ/?utm_source=share&amp;utm_medium=member_desktop">Himanshu V on LinkedIn</a>. Many such people have been updating their status on LinkedIn and other social media profiles with their unfortunate change in employment status. The idea behind most such posts is to bag another job as soon as possible. Since the Covid-19 pandemic, more than <a href="https://layoffs.fyi/">2 lakh people</a> across the world have lost their jobs and the number is growing almost everyday. In spite of the waning effect of the pandemic, global companies like Meta, Amazon, Twitter and Indian companies like Byju’s, Zomato, Vedantu — laid off thousands of people — who are now on a job hunt. The startup ecosystem of India, which contains several unicorns as well, alone has laid off over 18,000 people in 2022 due to funding winter, according to media <a href="https://inc42.com/features/indian-startup-layoffs-tracker/#:~:text=Share%20story-,Indian%20Startup%20Layoff%20Tracker%3A%20Over%2018%2C000%20Employees%20Laid%20Off,2022%20Amid%20Startup%20Funding%20Winter&amp;text=We%20are%20at%20the%20business,for%20the%20Indian%20startup%20ecosystem.">reports</a>. As a result, the number of people seeking job opportunities on Linkedin and Twitter has increased. <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[]]></cdata></div> <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[]]></cdata></div> But, is it a good strategic move? Experts believe that candidates can share layoff news on social media and also express their emotions. Posting on important platforms can actually help them land another job faster. “It’s also important to remember that while a layoff might feel personal, it’s not – instead, it’s a reflection that the company’s business outlook has changed. Try to keep this in mind as you embark on your job search, and let the confidence and skills that helped you land that job power your next steps,” LinkedIn Career Expert Blair Heitmann told <a href="https://finance.yahoo.com/news/how-to-prepare-in-case-of-a-job-loss-202729571.html">Yahoo Finance</a>. Experts also say that affected employees should understand that their layoff will not have a major impact on their resumes and while searching for another job. Business Insider India spoke to a few experts to understand how being laid off can impact one’s career. “The layoff doesn’t overshadow the skills or milestones you have achieved so far. Highlight the projects you have spearheaded or how you successfully handled a crisis faced by the client. Remember, showcasing your skills with relevant examples is the best way to go about it,” said Anil Agarwal, CEO &amp; co-founder, InCruiter. Employees should highlight their skillsets and milestones achieved to their new employer. They should also be candid about their layoff in interviews for a new job to the HR. “If your employer has released a public statement, then you can present the same to your interviewer. If not, you should find out the reason behind your layoff and also the number of your fellow employees who faced the same situation. In this way, you’ll be prepared to justify your job loss, if required,” said Sumit Sabharwal, CEO, <keyword id="133742" type="General" weightage="50" keywordseo="teamlease" source="Orion">TeamLease</keyword> HR Tech. <cmsannotation type="cmsannotation" annotationid="What to write in resume and cover letter" comment="subhead" text="What to write in resume and cover letter">What to write in resume and cover letter</cmsannotation> While embellishing one’s resume is a common practice that experts warn against, they also say that it’s not necessary for employers to mention the reason why they’re currently unemployed. “You don’t need to mention your layoff in the resume. The purpose of your resume is to present your skills and qualifications to employers so that they can decide whether you are a good fit for their organizations,” Sabharwal added. However, one can mention it in the cover letters with an explanation and brief of your layoff, without complaining about your previous employer, he further said. Experts further advise the employees to learn new skills while searching for another job as it can help in boosting the resume. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/thelife/news/bumble-reveals-upcoming-dating-trends-in-2023/slidelist/96243427.cms#slideid=96244109">Inter-city love, better boundaries &amp; rise of divorced singles: Bumble reveals upcoming dating trends in 2023</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/it-metals-drag-sensex-nifty50-lower-amid-us-feds-hawkish-stance/articleshow/96244825.cms">IT, metals drag Sensex, Nifty50 lower amid US Fed’s hawkish stance</a>

If you've been laid off, here's how you handle awkward questions from your next employer

In some cheer for those who have lost jobs in the ongoing funding winter and global macro-economic conditions, most laid-off tech employees have landed new jobs within three months of starting their search. The <keyword id="6384660" type="General" weightage="50" keywordseo="wall-street-journal" source="Orion">Wall Street Journal</keyword> reported, citing a <keyword id="3345871" type="General" weightage="100" keywordseo="ziprecruiter" source="Orion">ZipRecruiter</keyword> survey, that nearly 79 per cent of terminated staff in the tech industry landed a new job within three months. It, whoever, did not divulge information on whether they got new jobs on the same, above or lower pay packages as the industry is reeling under several pessimistic factors, which will continue in 2023. Nearly four in 10 previously laid-off tech workers found jobs less than a month after they began searching, the survey found. "Despite the widespread layoffs, hiring freezes, and cost-cutting taking place in tech, many tech workers are finding reemployment remarkably quickly," <keyword id="12666243" type="General" weightage="50" keywordseo="julia-pollak" source="Orion">Julia Pollak</keyword>, chief economist at ZipRecruiter, was quoted as saying. Workers employed in other industries, like entertainment and leisure, transportation and delivery and manufacturing, also found new jobs quickly, the data showed. Google, Amazon and some other tech companies are set to lay off more workers in early 2023. The ZipRecruiter data also showed that about 5 per cent of laid-off tech workers who found jobs from April to October had spent more than six months hunting for work, down from 26 per cent of those hired between August 2021 and February 2022. Thousands lost jobs amid deepening funding winter in 2022 as massive layoffs by the tech companies this year alone surpassed the levels from the Great Recession the world went through in 2008-2009 that began with the <keyword id="50209" type="General" weightage="50" keywordseo="lehman-brothers" source="Orion">Lehman Brothers</keyword> collapse. More than 91,000 workers in the US tech sector were laid off in mass job cuts in 2022, according to a Crunchbase tally. Over 17,000 tech employees were shown the door in India, led by ed-tech companies like BYJU's, Unacademy, Vedantu and others. The startup ecosystem's funding winter could last another 12 to 18 months. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/kfin-technologies-lists-at-nearly-1-premium-on-bourses-despite-weak-market-sentiment/articleshow/96586058.cms">KFin Technologies lists at nearly 1% premium on bourses despite weak market sentiment</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/international/news/amazon-starts-delivering-orders-by-drones-in-us-states/articleshow/96586213.cms">Amazon starts delivering orders by drones in US states</a>

Most laid-off tech employees have landed new jobs in 3 months: ZipRecruiter survey

<ul><li>The edtech company will be <keyword id="6357342" type="General" weightage="20" keywordseo="hiring" source="Orion">hiring</keyword> 800 people across tech, product and marketing teams this year.</li><li>It claims that out of 800 people, 20% or 160 would be freshers and college graduates.</li><li>In the coming months, it will also be recruiting a CXO, vice president, and a senior vice president both for India and the US.</li></ul>Bengaluru-based edtech <keyword id="1309724" type="General" weightage="20" keywordseo="simplilearn" source="Orion">Simplilearn</keyword> is expanding its workforce by 800 people this year. It will be hiring across tech, product and marketing teams. “The ongoing hiring is a part of our company's expansion plan, in India and abroad, as we look to substantially invest in our workforce by the end of 2022," said Krishna Kumar, founder and CEO of Simplilearn. It claims that 20% of its hiring or 160 employees would be freshers and college graduates. In the coming months, it will also be recruiting a CXO, vice president, and a senior vice president both for India and the US. In the US, it aims to appoint various C-suite level executives who will assist in strengthening and structuring the team present in the country. Kumar believes that the demand for upskilling and reskilling will prevail in the industry. “Over the past couple of years, the shift to online training and education led to a growth spurt in the number of providers in the industry. The industry is currently witnessing a transition phase with hybrid models of work and study,” he added. Founded in 2010, the company claims to conduct more than 3,000 live classes, with an average of 70,000 learners who collectively spend more than 500,000 hours each month on the platform. Its peers like Unacademy, Vedantu are laying off its workforce due to lower funding. Overall, the edtech industry has reportedly laid off 8,000 people due to economic slowdown. While, Indian startups have collectively laid off 6,000 people in the last five months and <a href="https://www.businessinsider.in/business/startups/news/60000-jobs-in-startup-companies-may-lose-their-jobs-this-year-in-india-experts-say/articleshow/91804572.cms">may lay off another</a> 60,000 this year. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="http://www.businessinsider.in/careers/news/not-just-money-lack-of-flexi-working-is-making-software-developers-quit/articleshow/92179884.cms">Not just money, lack of flexi working is making software developers quit</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="http://www.businessinsider.in/business/corporates/news/nearly-four-lakh-fliers-are-thronging-airports-every-day-and-indigo-is-flying-half-of-them/articleshow/92179593.cms">Nearly four lakh fliers are thronging airports every day and Indigo is flying half of them</a>

Edtech startup Simplilearn bucks the trend — to hire 800 people this year

<ul><li><keyword id="2551143" type="General" weightage="20" keywordseo="Fidelity-Information-Services" source="Orion">Fidelity Information Services</keyword> (<keyword id="4776620" type="General" weightage="20" keywordseo="fis" source="Orion">FIS</keyword>) is looking to hire over 10,000 individuals in <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> over the next 12-months.</li><li>The successful applicants, it said, will be staffed across FIS offices in Mumbai, Bangalore, Chennai, Pune, Indore, Mohali, <keyword id="11900977" type="General" weightage="20" keywordseo="gurugram" source="Orion">Gurugram</keyword>.</li><li>FIS employs over 55,000 people in over 50 countries today. </li></ul>Florida-based fintech firm Fidelity Information Services (FIS), which provides technology solutions for merchants, banks and capital markets firms globally, is looking to hire over 10,000 individuals in India over the next 12-months to fill positions across various roles at all levels to fuel its future growth. The recruitment drive, it said, will focus on hiring people through campus placements at leading educational institutes in India. The successful applicants, it said, will be staffed across FIS offices in Mumbai, Bangalore, Chennai, Pune, Indore, Mohali, Gurugram. “India is a strategic centre of employment for FIS with nearly one-third of FIS colleagues living and working within the country’s borders,” the Fortune 500 company said in a press release on Thursday. Founded in 1968 as Systematics, FIS employs over 55,000 people in over 50 countries today. It offers more than 450 solutions and claims to process over $75 billion of transactions across the globe. Over the past 18 months, FIS has been encouraging a hybrid working model/flexi hours, which the company said, has helped it improve the work-life balance for its employees and made its workforce more productive. The company also said it promotes an inclusive work culture for people from all types of social backgrounds including the differently abled and queer communities. “FIS has had a presence in India for more than two decades, and this recruitment drive underscores our continued commitment to providing rewarding career opportunities for India’s top talent. We are creating new opportunities across the country which will help FIS continue to advance the way the world pays, banks and invests,” said <keyword id="10574609" type="General" weightage="20" keywordseo="amol-gupta" source="Orion">Amol Gupta</keyword>, chief human resources officer for India and Philippines at FIS. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/meesho-raises-more-than-half-a-billion-dollars-in-the-fourth-biggest-funding-round-this-year/articleshow/86636161.cms">Meesho raises more than half a billion dollars in the fourth biggest funding round this year</a> <a href="https://www.businessinsider.in/business/startups/news/vedantu-the-last-and-biggest-rival-of-byjus-has-finally-entered-the-unicorn-club/articleshow/86614637.cms">Vedantu, the last and biggest rival of Byju’s, has finally entered the unicorn club</a> <a href="https://www.businessinsider.in/stock-market/news/tata-powers-stock-gains-on-transformation-towards-renewable-energy/articleshow/86640268.cms">Tata Power wants to break up with coal and investors love it</a>

American fintech firm FIS will hire over 10,000 people in India

<ul><li>College students who want to take up a job after their graduation can go for part time roles or internships.</li><li>Around <a href="https://www.moneycontrol.com/news/business/economy/covid-19-job-impact-which-sectors-lost-the-most-people-and-which-ones-hired-the-most-in-2020-6334431.html">10.9 million people</a> lost their jobs during COVID-19 pandemic in India in both the formal and informal sector and many are still struggling to find a job.</li><li>Here are one of the most suitable work-from-home part-time jobs which are in huge demand.</li></ul>Part-time jobs can be easy going and is obviously an excellent way to earn a little extra income. College students who want to take up a job after their graduation can go for part time roles or internships. According to internship and training platform Internshala, <a href="https://www.educationtimes.com/article/job-trends-market-mantra/82259096/students-opting-for-work-from-home-internship-amid-covid#:~:text=Sarvesh%20Agarwal%2C%20CEO%20%2C%20Internshala.,tally%20with%2037%25%20interns.%22">76% students who enrolled for internships chose work-from-home </a>option in 2020 in India. It helps in refining your interpersonal skills, building a professional network and gives your CV an edge before going for a full time job. Around <a href="https://www.moneycontrol.com/news/business/economy/covid-19-job-impact-which-sectors-lost-the-most-people-and-which-ones-hired-the-most-in-2020-6334431.html">10.9 million people</a> lost their jobs during COVID-19 pandemic in India in both the formal and informal sector and many are still struggling to find a job. It is a great opportunity for those people, as well, to at least survive this pandemic. These <keyword id="-776" type="UNKNOWN" weightage="20" keywordseo="part-time-jobs">part time jobs</keyword> can give you some amount of stable income in these tough times. These are one of the most suitable work-from-home part-time jobs which are in huge demand — <ol><li>Writing/Editing </li></ol> <div type="image" title="Writing/Editing" msid="82450503" hostid="261"></div><keyword id="123591" type="PERSON" weightage="20" keywordseo="Work-from-home">Work from home</keyword> writers can start with online writing jobs. According to Glassdoor, a freelance or home-based writer can expect to earn around ₹16,000 in a month based on the number of projects and experience. Skills required: Researching skills, originality, knowledge of search engine optimisation. Where to find work: <a href="https://www.fiverr.com/">Fiverr</a>, <a href="https://www.upwork.com/">Upwork</a>, <a href="https://www.freelancer.in/">Freelancer</a>, <a href="https://www.guru.com/">Guru</a> <a href="https://www.guru.com/"></a>2. Online/Offline Teaching <div type="image" title="Online teaching" msid="82450482" hostid="261"></div> Teaching is one of the best options as it gives you the benefit of choosing your own flexible time and also adds the advantage of charging an hourly fee. You can choose the mode of teaching and your subject. Skills required: Communication skills, patience, subject expertise Where to find work: <a href="https://www.cambly.com/english?lang=en">Cambly</a>, <a href="https://www.whitehatjr.com/teacher">Whitehat Jr</a>., <a href="https://www.cuemath.com/teach/how-can-i-become-a-cuemath-teacher/">Cuemath</a>, <a href="https://www.vedantu.com/become-a-teacher">Vedantu</a> <a href="https://www.vedantu.com/become-a-teacher"></a>3. Data entry <div type="image" title="Data Entry" msid="82450467" hostid="261"></div> Data entry requires a sharp focus, as a lot effective handling is required for large amounts of data. The employer will give you all the information and you can work at your own pace. According to Glassdoor, a home-based data entry operator can earn around ₹16,000 - ₹30,000 per month. Skills required: Proficiency in typing and transcription, accuracy and attention to detail. Where to apply: <a href="https://in.linkedin.com/jobs/data-entry-from-home-jobs?position=1&amp;pageNum=0">LinkedIn</a>, <a href="https://www.quikr.com/jobs/data-entry-back-office+delhi+zwqxj284607247">Quikr</a>, <a href="https://www.quikr.com/jobs/data-entry-back-office+delhi+zwqxj284607247">Upwork</a> 4. Blogging <div type="image" title="Blogging" msid="82450449" hostid="261"></div> Blogging requires a lot of dedication and persistence and has to be eye-catchy to increase the viewership. You can choose beats of your own choice like fashion, food, travel etc. Vlog and microblogging are becoming more popular these days. A blogger earns on the basis of clicks, ads received and affiliate marketing. Skills required: social Networking, marketing, photo editing, writing 5. Graphic Designer <div type="image" title="Graphic Designer" msid="82450441" hostid="261"></div> Graphic designers tend to be creative and should have a flair in designing visuals and elements. According to Glassdoor, a freelance graphic designer can earn around ₹20,000- ₹50,000 depending on the number of projects and experience. Skills required: designing, photo-editing software, accuracy, attention to detail. Where to find work: <a href="https://www.simplyhired.co.in/search?q=freelance+graphic+designer&amp;job=pYwaIi40VOFnIuYAoCeYRjDPzQwaBdmMUy7ibOV6BQ3DseUFd-4LXg">Simplyhired</a>, <a href="https://in.indeed.com/jobs?q=Part+Time+Graphic+Designer&amp;l=Delhi,+Delhi&amp;remotejob=032b3046-06a3-4876-8dfd-474eb5e7ed11">Indeed</a>, <a href="https://in.indeed.com/jobs?q=Part+Time+Graphic+Designer&amp;l=Delhi,+Delhi&amp;remotejob=032b3046-06a3-4876-8dfd-474eb5e7ed11" data-type="tilCustomLink">Upwork</a>. 6. Language translator <div type="image" title="Language translator" msid="82450415" hostid="261"></div> Home-based or freelance translators earn by number of pages which can vary from ₹50-₹100. Skills required: in-depth knowledge of any language, writing, meeting deadlines Where to find work: <a href="https://in.indeed.com/jobs?q=Part+Time+Graphic+Designer&amp;l=Delhi,+Delhi&amp;remotejob=032b3046-06a3-4876-8dfd-474eb5e7ed11">Freelancer</a>, <a href="https://www.upwork.com/freelance-jobs/translation/">Upwork</a>, Flexjobs . 7. Virtual assistant <div type="image" title="Virtual assistant" msid="82450410" hostid="261"></div> The role of a virtual assistant is to handle phone calls, emails, organise meetings, creating spreadsheets and documents. A home-based virtual assistant can expect to earn around ₹14,000-₹23,000 depending on the experience and the organisation. Skills required: communication skills, ability to multitask, attention to detail Where to find work: <a href="https://www.upwork.com/freelance-jobs/virtual-assistant/">Upwork</a>, <a href="https://in.linkedin.com/jobs/virtual-assistant-jobs?currentJobId=2532199247&amp;position=2&amp;pageNum=0">LinkedIn</a>, <a href="https://www.freelancer.in/jobs/virtual-assistant/">Freelancer</a> 8. Social media manager <div type="image" title="Social media Manager" msid="82450393" hostid="261"></div> If you are social media savvy, then this role is perfect for you. Social media managers have to build a community network for companies, manage marketing campaigns, design, create or manage ads and promotions on social media. According to upGrad, a social media executive can earn around ₹20,000-₹30,000 per month depending on the level of experience. Skills required: marketing techniques, communication skills, content writing. Where to find work: <a href="https://in.indeed.com/Work-From-Home-Social-Media-jobs-in-Delhi,-Delhi">Indeed</a>, <a href="https://www.glassdoor.co.in/Job/part-time-social-media-jobs-SRCH_KO0,22.htm">Glassdoor</a>, <a href="https://www.upwork.com/freelance-jobs/social-media/">Upwork</a> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/if-you-want-to-work-from-home-these-are-some-of-the-hottest-freelancing-jobs-in-high-demand/articleshow/81228585.cms">If you want to work from home, these are some of the hottest freelancing jobs in high demand</a> <a href="https://www.businessinsider.in/india/news/iit-delhi-graduates-started-an-online-fundraiser-for-oxygen-concentrators-in-madhya-pradesh/articleshow/82424505.cms">These IIT graduates started an online fundraiser for oxygen concentrators in a small district in Madhya Pradesh – they raised more than ₹47 lakhs in three days</a> <a href="https://www.businessinsider.in/stock-market/news/wazirx-users-dogecoin-cryptocurrency-report-failed-transactions-and-delays-in-orders/articleshow/82425709.cms">Dogecoin surge sends WazirX servers panting for help – users report failed transactions, delays in orders</a>

You Searched For "vedantu jobs" and got 9 results

853 tech firms lay off over 137,492 workers globally, more job cuts coming

IANS

Over 32K tech workers fired in US, more than 11K in India this year

IANS

Edtech hirings at an all-time high — over 4,100 job openings in Unacademy, Vedantu, Simplilearn and more

Prerna Sindwani

This is how top startup founders reacted to budget 2020

Prerna Sindwani

If you've been laid off, here's how you handle awkward questions from your next employer

Vaamanaa Sethi

Most laid-off tech employees have landed new jobs in 3 months: ZipRecruiter survey

IANS

Edtech startup Simplilearn bucks the trend — to hire 800 people this year

Vaamanaa Sethi

American fintech firm FIS will hire over 10,000 people in India

Ridhima Saxena

These are some exciting part-time work-from-home jobs you can do to earn a few extra bucks

Vaamanaa Sethi

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