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India – Majority of early-stage startups actively planning to increase staff in 2023

28 March 2023

Despite the current trend of layoffs among larger corporations across India, 80% of early-stage startups, those with a current workforce of fewer than 20 employees, are actively seeking to expand their workforce in 2023, according to a survey by the Federation of Indian Chambers of Commerce and Industry...


Hong Kong – Demand for staff to drive increase in salary expectations amid tighter employment market

28 March 2023

Hong Kong is experiencing increased optimism in the business sector in 2023, resulting in higher expected headcount demand from employers that will drive career opportunities and higher salaries, according to KPMG China.

Talent retention and attraction are likely to be major concerns for employers in...


India – Online recruitment climbs slightly in February with retail industry driving growth

27 March 2023

Online recruitment in India saw a slight increase of 1% in February 2023 compared to February 2022, according to the latest foundit Insights Tracker.

The Tracker replaced the Monster Employment Index (MEI) following Monster India’s rebranding to foundit in Asia Pacific and the Middle East....


Asia Pacific – Majority of organisations struggling to fill IT roles

27 March 2023

Skills shortage in IT roles, including security, developers, and data professionals, are affecting 60% to 80% of organisations in the Asia-Pacific region, according to a report from the global tech and marketing firm International Data Corporation (IDC).

The report, released this month, is in stark contrast...


Singapore – Protecting workers, not jobs, is Singapore’s approach to employment resilience: Deputy Prime Minister (Channel News Asia)

27 March 2023

Singapore’s approach to employment resilience is to protect workers, not jobs, Deputy Prime Minister Lawrence Wong said during a speech at the Citizens’ Panel on Employment Resilience. Channel News Asia reports that Wong said the government will redouble efforts to help every Singaporean reskill,...


World – Accenture cuts 19,000 jobs amid gloomy economic outlook (CNN)

27 March 2023

Irish-headquartered professional services company Accenture plans to slash 19,000 jobs worldwide as it attempts to cut costs amid a gloomy economic picture, reports CNN.  The company said in a filing last week that it would spend USD 1.2 billion in severance to cut 2.5% of its workforce...


Japan – Recruit issues profit warning; notes reduction in operating income and Indeed, Glassdoor layoffs

24 March 2023

Japanese staffing giant Recruit Holdings Co. Ltd., updated portions of its guidance for its fiscal year ending 31 March 2023. The updated guidance takes account of recently announced layoffs at Indeed and Glassdoor.

While revenue guidance for the full fiscal year is unchanged at JPY 3.43 trillion...


Japan – Branding Engineer to acquire Jin-Earth

24 March 2023

Branding Engineer (7352: JP), a Japanese engineering recruitment firm, announced that it is acquiring Jin-Earth, a company based in Japan focussed on system engineering services.

The company said it is acquiring all shares of Jin-Earth from Matsuki Holdings, making it a subsidiary, effective 31 March....


Australia – One in three workers changed jobs in the last two years and a quarter intend to quit

24 March 2023

As the cost of living continues to rise in Australia, more workers are leaving their jobs for better pay, now more than ever before, according to a survey conducted by National Australia Bank (NAB).

In its quarterly Changing Workplace report, NAB results show that the rate of Australian workers intending...


Asia Pacific – Singapore workers prioritise digital skills the most across APAC region, survey finds

24 March 2023

More than any other surveyed Asia Pacific region, Singapore workers place a high priority in digital skills with more than 90% of firms adopting some form of digital technology, according to a survey from the Economist Impact and Google.

The survey was conducted of 1,375 employees across the APAC region,...