Author Archive
Google to Lay Off 200 more
Google Inc. the search engine giant has announced a few hours ago that it is cutting down its sales and marketing team by approximately 200 employees. Google has said that they over invested in some areas in preparation for some growth trends they were expecting and hired too many people into overlapping jobs.
Earlier this year, in January, Google cut down 100 recruitment jobs, and said about 40 people would be laid off in February, when it cut short its radio advertising efforts.
“When companies grow that quickly it’s almost impossible to get everything right,” Google Senior Vice President of Global Sales and Business Development Omid Kordestani said on Thursday in an announcement posted on Google’s blog.
The Mountain View, CA-based company has nearly 21,000 employees, but it does not disclose how many employees work in the sales and marketing departments.
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Double Digit Unemployment Rates Hit Seven States
According to the latest report by Associated Press today, more states have logged double digit rates of unemployment in February; with North Carolina and Rhode Island hitting their record high.
Nationwide, the US unemployment rate has hit 8.1 percent this past February, reaching a 25 year record high, according to a report released by the US Labor Department earlier this month. The economic gurus have predicted that even if the recession was to subside by this year’s end, the expected unemployment rate at the end of 2009 is 10 percent.
In January this year, only 4 states reported unemployment rates topping 10 percent, which has risen to 7 in the past month, with three more states adding to the growing list; according to figures released by the U.S. Bureau of Labor Statistics.
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How To Execute Your Resignation Smoothly
According to general research, an average person may change jobs six times in a life time. There can be many reasons one quits his/her current job. These days especially, with the economic recession forcing companies to cut jobs across the globe, the idea of leaving your employment may seem absurd, but if and when the situation arises, where you decide to leave your current employer by your own choice, it’s always good to do it in the proper manner.
If you are leaving your company for a better opportunity or are on the verge of changing your career path for something different, these few tips will be of great help to you in leaving with respect and a positive impression that may come in handy later in life.
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How to write a Winning Résumé
When I first went out in the job market to look for work, the most challenging part of the process for me was the starting point. I was certain of my credentials and confident that the interview would not be a problem either. What concerned me was: How do I make the recruiters call me for an interview? With unemployment on the rise, educational institutes churning out graduates at an alarming rate, thus increasing the competition, and the fact that one advertised position by a reputed company sometimes gets thousands of applications; I was stumped. How do I make my application rise to the top of the bundle?
The answer to this question lies in making sure that you make a good résumé, an eye catching résumé, a résumé that demands a recruiter’s attention.
Before I get into the details of the process of writing that winning résumé, I’d like to start off with a description, or call it a definition, of what we are about to embark on.
What most people don’t realize is that a résumé is not just a list of your academic credentials and job experiences; it’s your first and foremost tool that you use to market yourself to potential employers. And we all know that no matter how good the product is, unless it is sold properly, it doesn’t sell. A well written résumé ensures that potential employers and recruiters decide whether you are deemed fit for the job or not. It is what you use as means to make your first impression and as first communication with your future employer.
Tailor it to fit the role
It is always advisable to adjust your résumé according to the job you are applying for. That is to say, by highlighting your experiences, competencies and qualifications related to the job description, so as to make a greater impact on the recruiter.
Keep it up to Date
First thing you should always keep in mind is that your résumé should be comprehensive and always updated. By that, I mean it should have all the relevant details. Don’t just list down everything from top to bottom. Take your time writing it. Maybe even a couple of days. If it starts to feel tiresome, read the third paragraph again and it’ll remind you how important this is. J. So, like I was saying, the trick is to update your résumé on regular basis, at least once every month. That ensures that all the latest detail is present in there; and you never know when a potential employer may ask for it; so it’s best to have it ready at all times, instead of updating it in a hurry and screwing up your chances.
Now let’s sit down in front of the computer and get to work.
Most people format their documents on completion. I suggest we decide on the format beforehand. What font to use, what layout to employ, in short, everything that has to do with the "LOOK" of your résumé. Writing great content without a great presentation won’t get us anywhere.
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Baltimore Job Fair Draws Thousands
If there was a scale to measure the growing woes of unemployment in this deepening recession, it would be gauged by the number of job seekers at recent job fairs across the US. Many have drawn thousands of laid off workers and others in search of already limited job openings. The nation’s unemployment rate hit 8.1 percent in February.
One such fair was held at the Baltimore Convention Center this Wednesday, drawing hundreds of people, standing in line for hours just to get in. Maryland’s unemployment rate hit 6.2 percent in January, a 16 year high for the state.
Job seekers, despite the hours long waiting in lines and fierce competition, seem determined to find any offers they can get their hands on. Some have been unemployed for as many as two years, but holding on to the hope of landing a job here.
“I’ll go in there and do what I have to do,” one of the jobseekers said. “I’m going to have a positive frame of mind. … If you go in there and say, ‘Oh my gosh, look at all those people,’ employers will see that. You have to have confidence.”
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HSBC Announces 1200 Job Cuts in UK; More to Follow
The economic recession that has gripped the globe is making its mark almost everywhere these days. The news that one hears almost every day now about layoffs in one large group or the other has almost become routine now.
HSBC is Europe’s biggest bank, employing 58,000 people in Britain alone; and 312,000 people across the world. Just today, HSBC has announced 1200 job cuts in Britain, citing that the operating conditions for the economy hit banking industry are “extremely challenging” and the near future doesn’t promise any reprieve either.
According to union representatives, the effect of this announcement would result in 2900 job losses in all. Though a spokesman from HSBC has said that 1200 people are being told that that their jobs might be at risk. This number of course does not include the already vacant position or those being left vacant due to natural attrition or employees leaving at the end of contractual periods.
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