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Friday, July 28, 2017

Virat Kohli and Anushka Sharma enter hand-in-hand at Zaheer Khan and Sagarika Ghatge’s engagement party!


New Delhi: Bollywood and cricket connection is age old. So, when the engagement news of actress Sagarika Ghatge and Indian cricketer Zaheer Khan was out, fans couldn’t be happier. The ‘Chak De’ girl and Zaheer were earlier spotted at various events sparking dating rumours, but they confirmed their relationship status only recently.

According to BollywoodLife.com, Zaheer and Sagarika recently held an engagement bash inviting close friends and family. And guess who was spotted at the party? No prize for guessing that it was Anushka Sharma and Virat Kohli.

The two were seen walking hand-in-hand at the party and looked super classy as Anushka was wearing an all black number and Virat too seen in a crisp white shirt and black pants. One of the fan clubs shared the pictures on Instagram.

Zaheer Khan takes ‘Break The Beard’ challenge! Here how fiance Sagarika Ghatge reacted

As per the report, other celebs who attended the ceremony were Mandira Bedi, Rohit Sharma, Raveena Tandon and husband Anil Thadani, Sachin Tendulkar with wife Dr Anjali, Bobby Deol, Yuvraj Singh, Gaurav Kapoor, Arshad Warsi and Maria Goretti to name a few.

The Common Reasons Silicon Valley Techies Quit Their $200,000 Jobs


The average Silicon Valley engineer is compensated roughly $200,000 a year, and gets to work in offices with perks like daily catered lunch, on-site yoga, and life coaching.

Still, for many people, particularly if you are a woman or underrepresented minority, these aren’t fun places to work. Take hard-charging Uber, which has seen a slew of executives flee the company after a female employee detailed a horrific saga of harassment and discrimination in February. Or Ellen Pao, who sued her former employer, the male-dominated venture capital firm Kleiner Perkins, after alleging that she was denied promotion because of her gender and cut out of business dinners because male colleagues felt that having women there would “kill the buzz.” Or tech giants Oracle and Google, which were recently sued by the Department of Labor for systematically underpaying female and minority workers.

A new study of turnover in the tech sector goes beyond these isolated incidents and lawsuits and takes a stab at a persistent question: How widespread are these problems?

The study, by the Oakland, California-based non-profit Kapor Center for Social Impact and Harris Poll, asked a nationally-representative sample of 2,000 adults who had voluntarily left a tech job in the last three years why they chose to abandon their cushy workplaces. Were they enticed by a better opportunity? Did they decide to take time off to care for children? Did they desire a shorter commute?

The answers the “tech leavers” gave were eyebrow-raising in that they suggest the extent to which feelings of mistreatment drive people to leave even the most elite jobs. They also show the way the same workplace can be a vastly different experience depending on a person’s background.

Overwhelmingly, workers of all backgrounds cited “unfairness or mistreatment” within the work environment as the most common reason for leaving. Thirty-seven percent said it was as “major factor” in their decision to quit. Unfair treatment was cited twice as often as being recruited elsewhere.

The study also compared workers in tech to other industries, and found that people cite unfairness as a reason to leave a job in tech more frequently than people in other industries (42 percent compared to 32 percent).

Not surprisingly, the study found that workplace experiences differ dramatically by race, gender, and sexual orientation.

The Kapor Center found that men of color were the most likely to quit because of unfairness. Forty percent of black and Latino men — both groups are underrepresented in the tech industry — left their jobs for that reason. Nearly a quarter of underrepresented men and women of color said they had experienced racial stereotyping, twice the rate of white and Asian men and women. Black and Latino women were more likely than any other group to say they were passed over for a promotion.

To be sure, turnover in Silicon Valley is very low overall, and people who leave companies are more likely to have an axe to grind than those who stay. That is to say, the results of a study of people who leave may not reflect how most women and underrepresented minorities who work in tech feel. But if people from certain groups are quitting in higher numbers than people from other groups, it’s worth understanding why, the authors said. They added that further study may be needed on why blacks and Latinos have more negative experiences at work than whites and Asians in the tech industry.

The study’s authors said they examined retention because efforts to increase diversity through hiring has gotten a lot of attention in recent years. Technology companies are now spending hundreds of millions of dollars a year to increase their dismal diversity numbers; so far they’ve had limited results.

Women represent 25 percent of tech employees though they comprise half the population; blacks and Latinos make up 30 percent of the population but roughly 15 percent of tech employees. Among the top Silicon Valley companies, black and Latino employees are only 3 to 5 percent of the workforce.

Hiring is only one half of the equation, the authors argued. If technology companies don’t make substantial efforts to understand how people feel once they are in the workplace, their hiring efforts will be canceled out by turnover.

“Put simply, the diversity numbers may not be changing at least in part because tech companies have become a revolving door for underrepresented groups,” the authors wrote.

Cathay Pacific Makes Biggest Job Cuts In Two Decades


Sydney/Shanghai: Cathay Pacific Airways Ltd said on Monday it was cutting 600 jobs, its biggest headcount reduction in almost two decades, as it seeks to return to profitability in an industry battered by falling ticket prices.

In addition to cheaper tickets – the result of low fuel prices that led airlines to increase capacity – premium Asian carriers like Cathay and Singapore Airlines Ltd have had to contend with competition from mainland Chinese airlines that are expanding international routes aggressively.

The job cuts are the first step in a three-year reorganisation plan announced this year by Hong Kong’s flagship carrier. It posted an annual loss last year, its first since 2008, and is expected to be in the red again this year. Singapore Airlines, which made a loss in its latest quarter, has also announced a strategic review.

“We have had to make tough but necessary decisions for the future of our business and our customers,” new Cathay Pacific Chief Executive Rupert Hogg said in a statement.

The cuts represent 25 percent of management staff and 18 percent of non-managerial positions at its Hong Kong head office. The company had some 33,700 employees globally as of March.

Shares in Cathay rose 2 percent after the news and have climbed 13.3 percent for the year to date.

Singapore-based UOB Kay Hian analyst K. Ajith said these were the largest job cuts at Cathay since the 1998 Asian financial crisis and should save it at least HK$500 million ($64 million) annually, or around 6 percent of total staff costs, adding that the airline should also consider reducing routes flown.

“It’s not just Cathay that has to do it but other carriers as well,” he said.

“We have to see global capacity additions come down and airlines would have to mothball aircraft, instead of trying to still utilise and cover some of the costs associated with that.”

In addition to job cuts, the airline has said it will consider shifting more routes to its short-haul arm, Cathay Dragon.

The appointment of Hogg, who was promoted from chief operating officer to chief executive this month, underscores the urgent restructuring task facing the airline amid aggressive expansions by rivals, analysts have said.

China’s Hainan Airlines on Monday said it would spend $4.2 billion on new planes as it expanded its fleet to take advantage of strong demand from Chinese travellers.

Cathay Pacific said no frontline employees, cabin crew or pilots would be affected by the job cuts announced on Monday because the airline was still growing, but staff in those positions would be asked to deliver productivity improvements.

SBI Hiring For Marketing Department. Check Details


The country’s largest lender, State Bank of India (SBI) is inviting recruitment applications for its marketing department. SBI is asking to hire one person each for five different posts which are: Senior Vice President (Brand/Media/Research), Vice President (Marketing Communications), Vice President (Digital Marketing), Vice President (Media Strategy and Operations) and Senior Manager (Digital Marketing). These specialists in the marketing field will be hired on a contract basis. The online registration of application and payment of fees which commenced on May 12 will end on May 25. The last date for receipt of print out of the application along with enclosures is May 31.

The contract, which is for a period of three years, will be renewable at the discretion of the bank. The contract can be terminated at one month’s notice on either side or on payment/surrender of one month’s compensation amount. While applying for the post, the applicant should ensure that he/she fulfils the eligibility and other norms and that the particulars furnished by him/her are correct in all respects. Also, candidates are required to have a valid email ID which should be kept active during the recruitment exercise.

What is the selection procedure?

The selection procedure of candidates will be based on short listing (qualification, experience and overall suitability) and personal interview.

Application fee:

Application fee (non-refundable) is of Rs. 600 and the payment needs to be done online. Application fee once paid will not be refunded nor can it be adjusted for any other examination or selection in future.

State Bank Of India Hiring Marketing Professionals. Details Here


State Bank of India (SBI) is hiring executives for its marketing department on a contractual basis. India’s biggest bank SBI, which recently merged its operations with six other banks, has been in a hiring mode for quite some time now. State Bank of India earlier invited online applications for recruitment of over 500 special management executives and specialist cadre officers, according to advertisements on its website. The current recruitment drive is for hiring specialists in the field of marketing, media strategy, digital marketing and marketing communications.

State Bank of India is inviting applications for the posts of hire senior vice president (brand/media/research), vice president (marketing communications), vice president (digital marketing), vice president (media strategy & operations) and senior manager (digital marketing), according to an advertisement by the bank.

For the position of senior vice president (brand/media/research), SBI is looking for a graduate with experience of 8-15 years in the field of BFSI or telecom or any other large service sector. A candidate with MBA in marketing will be a preferred choice, SBI said

Candidates applying for the post of vice president (marketing communications) should be a post graduate or an MBA holder with an experience of minimum 10 years in varied roles including marketing communications.

For the post of vice president (digital marketing), a candidate needs to be an engineer or post graduate or an MBA holder with minimum 8 years of experience in varied roles including digital marketing.

For the post of vice president (media strategy & operations) candidate needs to be – post graduate/ MBA from a recognized university/institution.

Those applying for the post of Senior Manager (digital marketing) should be less than 35 years in age and graduate in any discipline with minimum 2 – 4 years of experience in similar role of digital marketing, according to SBI.

State Bank of India’s contract will be for a period of 3 years and will be renewable at the discretion of the Bank. The contract can be terminated at one month’s notice on either side, it said.

“The compensation package would comprise of fixed and variable components but not a limiting factor for a suitable candidate,” State Bank of India added

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