Tata-backed airline to hire 1,000 new people by end of 2022.
Mastercard is recruiting for its crypto-currency business. Vistara airlines plans to hire 1,000 new staff members. Demand for machine learning professionals in the mining industry is on the increase. Apple’s executive pay proposal faces shareholder opposition. Mauritius offers long-term visas for digital nomads.
Mastercard ramps up crypto skills
Bloomberg reports that Mastercard plans to hire more than 500 young professionals this year as it expands its data and services unit, an effort that will include launching consulting practices focused on cryptocurrencies and open banking.
With its crypto consulting practice, Mastercard said it is aiming to help banks navigate the adoption of digital currencies. It will also assist in designing crypto loyalty programmes, developing crypto cards and performing risk assessments.
Vistara to hire 1,000 cabin crew
Vistara Airlines, a joint venture between Tata and Singapore Airlines, has announced plans to hire 1,000 employees by the end of 2022. According to SimpleFlying, the full service carrier plans to focus on expanding its fleet and further improve overall services like catering, in-flight services and more.
With airlines expecting to surpass 2019 levels this summer, this will help the airline with its ongoing capacity troubles and improve customer relations. Currently, the airline has around 4,000 employees.
Hiring boom for North America’s mining industry
Mining companies in North America have seen a substantial growth in machine learning roles. The number of roles in the region made up 59.9 percent of total machine learning jobs globally, up from 46.8 percent in 2020.
Mining Technology reports that other countries are seeing a growth in machine learning jobs, the fastest being India, followed by the US, China and Canada.
Opposition to Apple’s executive pay
According to the Financial Times, Norway’s sovereign wealth fund (NBIM), which holds a one percent stake in Apple, says it will downvote the company’s 2022 plans for executive compensation.
In a statement, shareholders intend to downvote Apple’s executive compensation proposals for 2022 because of serious concerns about how much money CEO Tim Cook was earning, and because of some private perks such as security and use of a private jet. The group said it wanted “transparency on total remuneration to avoid unacceptable outcomes” and that the board “should ensure that all benefits have a clear business rationale”.
Help for Ukrainian workers
As conflict unfolds in Ukraine, employers face uncertainty regarding the impact on employees in the country. Many big companies including Snap, Lyft, Microsoft, Cisco and Google have a huge workforce in Ukraine.
According to Marketplace, companies such Wax have offered to relocate hundreds of employees who wanted to move to safer parts of the country. Others are giving them as much paid time off as they need.
