Shenzhen-based software developer Peter Li was laid off from a leading internet company last month – his first job since graduating from university – after failing to meet department performance targets. He joins a growing group of young victims of China’s grim job market. While the 24-year-old expects to find another job eventually, Li said … Read more
IT services companies and global capability centres (GCCs) in India are locked in a battle for talent, even as the sector faces a significant short-term headwind to reskill and upskill the workforce for keeping pace with efficiencies brought about by artificial intelligence (AI), said Nigel Vaz, chief executive, Publicis Sapient, a US-headquartered digital business transformation … Read more
Chinese tech shares have raced ahead of earnings, and investors expect companies to deliver in an improving economy before buying more stock, according to an analyst who once questioned the sector’s investibility. “We are still looking at roughly 20 per cent to 25 per cent of share price upside,” given improving cost structure and less … Read more
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