All posts tagged: Workforce

CII urges focus on employment and women’s workforce in Union Budget 2025-26

CII urges focus on employment and women’s workforce in Union Budget 2025-26

Published by Webster

The Confederation of Indian Industry (CII) has called for a series of measures to be included in the upcoming Union Budget for 2025-26, urging the government to prioritise the development of an integrated National Employment Policy, stronger support for employment generation, and the full implementation of labour codes. Additionally, the industry body stressed the importance of enhancing the participation of women in the workforce, among other recommendations. The Union Budget for the fiscal year 2025-26 is scheduled to be presented on February 1, 2025. CII, in its comprehensive set of suggestions, highlighted the need for continued efforts to improve employment generation. The organisation noted that while the 2025 Budget had already introduced schemes like the Employment Linked Incentive Scheme to boost job creation, further initiatives should be considered to accelerate employment growth. Chandrajit Banerjee, Director General of CII, pointed out that India stands at a pivotal moment where its demographic dividend offers a unique opportunity for economic growth and social transformation. “Employment generation is critical to this journey,” he said. Banerjee further emphasised the need …

Lok Sabha MPs seek social security measures for workforce

Lok Sabha MPs seek social security measures for workforce

Published by Parlour News

Revolutionary Socialist Party (RSP) MP N. K. Premachandran speaks in the Lok Sabha during the Winter Session of Parliament. | Photo Credit: ANI Several MPs on Monday raised issues pertaining to workforce – employees pension scheme (EPS), work culture in multinational corporations (MNCs) and social security measures for film technicians and support staff – during the Zero Hour in the Lok Sabha. Revolutionary Socialist Party (RSP) N.K. Premachandran demanded that the government immediately implement an enhanced pension scheme under the Employees’ Pension Scheme (EPS), 1995, as approved by the Supreme Court in 2022. Also read: Parliament Winter Session Day 17 He said the Employees Provident Fund Organisation (EPFO) had given higher pensions to only 8,401 subscribers out of the 17,48,775 applicants for higher pensions as of August 7, 2024. BJP MP Arun Govil urged the Ministry of Information and Broadcasting as well as the Labour Ministry to ensure social security and standard contracts for technicians and support staff in the film and television industry. Alleging that the producers exploited technicians and supporting actors, he urged …

Mumbai: Chat show championing women in workforce launched by US Consulate | Mumbai News

Mumbai: Chat show championing women in workforce launched by US Consulate | Mumbai News

Published by Parlour News

The US Consulate General Mumbai launched a video podcast series called Naari Network to champion women’s active participation in the workforce and address systemic barriers. The podcast series, which is in collaboration with Ideabrew Studios, aims to amplify the voices of women leaders and supportive male allies, over 24 episodes throughout the year. “Advancing gender equity in the Indian workforce is a key priority for the US Consulate. With Naari Network, we aim to ignite impactful conversations that empower women to break barriers, inspire men to become stronger allies, and encourage businesses—large and small, Indian and American—to adopt forward-thinking policies,” said US Consul General Mike Hankey. Delving into topics ranging from workplace policies, future of work for women and role models inspiring the next generation, the podcast will be hosted by social media influencer Freishia Bomanbehram. The US Consulate will bring together students, industry leaders and others to discuss these topics on women’s empowerment and workforce equality, to complement their digital content and live events. The podcast will feature guests including Priyanka Chaturvedi, (Shiv Sena …

Chip Design Program Empowers the Apple Workforce of Tomorrow

Chip Design Program Empowers the Apple Workforce of Tomorrow

Published by Webster

The U.S. has struggled with a worker shortage in semiconductor chip making, and even educating people about the field’s existence has proved challenging. In response, Apple and other companies have dedicated considerable money and time to addressing the skills gap and broken pipeline. Apple began the New Silicon Initiative, a series of grants to tech-focused universities nationwide, to develop more skilled workers in designing and manufacturing chips. The initiative funds education and training in microelectronic circuits and hardware design. Eight universities participate, chosen for their engineering savvy and commitment to scaling up courses in creating integrated circuits. One participant is Georgia Tech’s School of Electrical and Computer Engineering. ECE School Chair Arijit Raychowdhury spoke to TechRepublic about how Apple’s support has changed the school’s offerings and students’ potential places in the changing field of computer chip engineering and fabrication. What is NSI at Georgia Tech? In October, Georgia Tech celebrated the beginning of its NSI involvement, representing an expanded collaboration based on a successful chip tape-out course already offered at the university. “We’re thrilled to …

Ageing population, labour shortage: Why Germany needs Indian workforce | India News

Ageing population, labour shortage: Why Germany needs Indian workforce | India News

Published by Parlour News

Addressing reporters alongside visiting German Chancellor Olaf Scholz on Friday, Prime Minister Narendra Modi announced that Germany has decided to raise the annual visa quota for skilled Indian professionals from 20,000 to 90,000. While this fourfold increase will enhance economic and professional ties between the two countries, the move is also designed to make up for labour shortage that Germany might be facing owing to an ageing population. In 2014, around 27% of the German population was 60 and above, a number that is expected to touch 35% by 2030, as per statistics. The increased quota will come in handy in labour-intensive sectors such as nurses and elderly care, childcare, truck drivers and middle-level jobs in the engineering and IT sectors. Talking to reporters in New Delhi later in the day, visiting German Foreign Minister Annalena Baerbock said, “In Indian society, there are so many young skilled people driving the labour market. In Germany, we need labour. This could be a win-win situation for the people in India and Germany.” According to the latest figures …

Bandai Namco Begins to Cut Workforce After Cancelling Games

Bandai Namco Begins to Cut Workforce After Cancelling Games

Published by Webster

Video game publisher Bandai Namco Holdings is cutting its workforce after canceling several titles due to lackluster demand, according to people familiar with the matter. The Tokyo-based company is taking a traditionally Japanese approach to reducing staff and sending workers to rooms where they are given nothing to do, putting pressure on them to leave voluntarily, said the people, asking not to be named discussing private information. Since April, affiliate Bandai Namco Studios has moved about 200 of its roughly 1,300 employees to such rooms and nearly 100 have resigned, said the people. More are expected to leave in coming months, they said. Such oidashi beya, or “expulsion rooms,” are sometimes used by Japanese corporations in a country with some of the world’s strictest labor-protection laws. Employees are typically given no work-related tasks, but are left with the knowledge that their performance will give managers ammunition to cut severance when they do leave. Many employees use their time in such rooms to look for other jobs. Bandai Namco said its goal is not to push …

Boeing is cutting 10 percent of its workforce

Boeing is cutting 10 percent of its workforce

Published by Webster

Team, Our business is in a difficult position, and it is hard to overstate the challenges we face together. Beyond navigating our current environment, restoring our company requires tough decisions and we will have to make structural changes to ensure we can stay competitive and deliver for our customers over the long term. We need to be clear-eyed about the work we face and realistic about the time it will take to achieve key milestones on the path to recovery. We also need to focus our resources on performing and innovating in the areas that are core to who we are, rather than spreading ourselves across too many efforts that can often result in underperformance and underinvestment. With that in mind, today I am sharing some difficult decisions and several program updates:  On the 777X program, the challenges we have faced in development, as well as from the flight test pause and ongoing work stoppage, will delay our program timeline. We have notified customers that we now expect first delivery in 2026. We plan to build …

5 Proven Benefits of Contact Center Workforce Optimization

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Contact center workforce optimization has two pillars: workforce management (WFM) and quality management (QM). WFM consists of forecasting, scheduling, and balancing workloads to ensure you have the right people in the right seats at any given time. QM means monitoring, analyzing, and improving agent performance. Without both, you’ll struggle to meet demand, let alone exceed customer expectations. Contact center workforce optimization strategies Before talking about why it matters, it’s important to understand what workforce optimization looks like in reality. Many will tell you it’s as simple as buying the right software. But that’s not the full picture. Sure, software can have a significant impact if you know what you’re doing. But you may already be using several WFO strategies without realizing it. And understanding how all of these pieces work together is key to effectively optimizing your workforce. Some of the most common contact center workforce optimization strategies include: Flexible scheduling. Demand forecasting. Skills-based routing. Real-time monitoring. Performance management. Employee engagement. Time tracking. Training programs. Cross-training opportunities. Performance-based incentives. Leveraging AI chatbots. Hybrid or remote …

Bangladesh unrest | Police, industries step up vigil on migrant workforce in Coimbatore, Tiruppur districts

Published by Parlour News

The unrest in Bangladesh and reports of illegal immigration of people from the neighbouring country into India have made the police and industries in Coimbatore and Tiruppur districts to step up vigil. The police have received intelligence alerts on potential influx of Bangladesh nationals into industry hubs like Coimbatore and Tiruppur, where they could seek jobs as migrant workers from east/north-east States. Coimbatore City Police Commissioner V. Balakrishnan said the police had been keeping a routine watch on the migrant workforce in the city to curb illegal stay of Bangladesh nationals and other foreigners. “In Coimbatore city, a large number of migrant workforce from the north-east States, especially those from West Bengal and Assam, are employed in the jewellery manufacturing sector. Manufacturers have already been appraised of the situation to curb illegal immigration. The Special Intelligence Cell is closely monitoring the situation,” he said. In Coimbatore rural, migrant workers are employed in large numbers in foundries, textile mills, coconut and areca nut processing units in places such as Pollachi and Thondamuthur. “We will convene a …

Luminar, maker of lidar for autonomous driving, lays off 20 percent of its workforce

Published by Webster

The company, which just announced shipments of its next-generation laser sensors to Volvo, said that it will transition to an “asset light” business model that will see more of its production outsourced to its partners. As part of the restructuring, at least 147 people will lose their jobs. Luminar has at least 730 employees based in the US, according to LinkedIn. “Many of these team members have been on our journey with us for years, which is why this is so difficult,” Luminar CEO Austin Russell said in a statement. “We have also made the decision to roll off the majority of our contractors who supported us to [start of production]. We have informed the affected employees regarding the roles that are no longer required at this juncture.” “Many of these team members have been on our journey with us for years.” Luminar is one of the companies that rose to prominence as the tech industry promoted self-driving cars as the future of personal transportation. The company makes lidar, a key ingredient in autonomous driving …