AGP Executive Report
Last update: 7 hours agoWorkforce Restructuring: Canva says its overhaul will affect 1,271 staff, or 22% of its workforce. Freshworks, founded in Chennai, has passed $1 billion in annual recurring revenue as it focuses on fewer, larger projects in the AI era. Hiring and Pay: India’s white-collar hiring rose 14% in October, led by manufacturing. Japan’s Misumi is hiring across education levels on equal starting pay and has replaced annual recruitment with year-round hiring. Gender Equity: Women hold just 12% of managerial jobs in India, versus 20% across Asia-Pacific and 30.5% globally, the ILO reports. Job Quality: South Asia’s demographic dividend depends on creating better work: only 60% of working-age people are employed, while 88% of employed workers are in informal jobs, according to the World Bank. Candidate Experience: A survey found 41% of applicants’ most common recruitment complaint was receiving little or no feedback after rejection.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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