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We are almost done with the third quarter of 2019 and while this quarter had its ups and downs in terms of career and job trends, the year has most certainly been one of the best. We’ve seen hundreds of openings being listed by top companies and the US job market saw some amazing stats this year. While many of us might not have the time to dig into these subtle trends, Edureka Career Watch hopes to ensure that you are informed and are completely in command of your career.
So, without further ado, let’s dive into the first story for this week.
In what looks like to be a huge move by Reliance Jio Infocomm Limited (Jio), a subsidiary of Reliance Industries Limited, the company has struck a partnership with Microsoft hoping to catalyse the digital transformation of the Indian economy and society. This new 10-year strategic partnership hopes to combine the expertise of both these tech giants in an attempt to enhance the adoption of leading technologies like data analytics, artificial intelligence, cognitive services, Blockchain, Internet of Things, and edge computing among small and medium companies to make them ready to compete and grow. While digital transformation is the main goal of the two giants here, an increase in job opportunities is a given.
Trends like these are sure to promote employment opportunities for both fresh and experienced technology professionals.
Up-skill today to ensure you never miss out on opportunities like these.
A recent report by analytics company, Thinknum, points towards the fact that Elon Musk’s SpaceX is on a major hiring spree this year. According to the analysis, the space exploration giant’s hiring has gone up by 324 per cent compared to this time last year. As of this time last week, the timeframe the report looks at, there were 372 job openings at SpaceX. These vacancies are all spread across different domains including IT and software services contributing to almost a hundred jobs. More details about the openings can be found from the graph below:
Cisco, an American multinational technology conglomerate known for its connectivity solutions, recently announced that it is laying off 488 of its current employees. According to the giant, 397 of these professionals will be let go from the company’s headquarters in San Jose, California while the rest will lose their footing from Milpitas. The giant has also recently listed over 1,900 job openings on its official website to add to its reported 74,000 workers. The official word about why the company is letting go of the 400+ employees while there are vacancies available was that the impending skill gap that was disrupting the productivity of the world-renowned tech behemoth was one of the major reasons.
Trends like these stand to show that up-skilling is the only way to survive in today’s competitive IT world.
via Light Reading
Learn the latest tech skills today to keep your career secure.
Recent developments in New Jersey point towards the fact that the state might become one of the first to implement Blockchain-centered solutions at state and local levels. Just a few days ago, Phil Murphy, governor of New Jersey signed a bill to set up the Blockchain Initiative Task Force. This 14-member team of experts in crypto hopes to examine the benefits of using Blockchain-based solutions in the state. The task force will be active for a total of 6 months gathering intelligence on the practicality of implementing Blockchain. This report will then be presented in front of the Governor and the Innovation and Technology Committee.
via Bitcoin News
A recent report by The Tech News states that cybersecurity, an IT domain that was almost unknown a couple of years ago, is now on the verge of an explosion in terms of growth. According to the survey, cyber-attacks like viruses, ransomware, and phishing have gone up at alarming rates since 2017 which has put cybersecurity at the forefront of the IT industry. The report goes on to state that there were around 313,735 job openings in the cybersecurity field in the private and public sectors from August 2017 to September 2018 in the United States. At that time, there were more than 700,000 people already working in the industry. These numbers are predicted to reach higher and higher over the course of the next couple of years.
So, if you are someone looking to get into a lucrative job with definite growth, this is the perfect time to enter the cybersecurity domain.
via The Tech News
Learn Cybersecurity today to take full advantage of this explosive trend.
Make full use of Edureka’s expertise in the education and career counselling space. Speak with our course advisors today to get a clearer picture of your career path and more. Call us at: IND: +91-960-605-8406 / US: 1-833-855-5775 (toll-free).
These were the major news stories related to job openings and career trends in the market this week. If you have any questions, suggestions or there are any specific topics you’d like us to cover, feel free to hit us up in the comments section below. Edureka Career Watch will be back next week with the top stories that you need to know. So, make sure you are subscribed to our blog through the subscription button below and never miss these important updates.