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Ecommerce

Festive season opens up gig economy jobs, brings respite to the jobless [Video]

Written byArnab Mitra | New Delhi |Updated: November 15, 2020 9:17:12 am

retail 2020According to Naukri.com, the e-commerce, retail sectors witnessed an uptick in hiring during festive period. Representational/ gettyimages.in

After facing a lay-off in May, Bengaluru-based software engineer Ridhhi Sharma was unemployed for six months. He tried searching for a new position but could not find a suitable one. However, the festive season turned his luck around, with Riddhi landing a job in Flipkart as a digital market strategist. There are concerns though — low payscale and the contractual nature of the job.

Riddhi is now earning Rs 10,000 less as against the previous company’s remuneration. “Every year, during Diwali, Independence Day or Christmas, thousands of jobs are generated especially by e-commerce, fintech and retail companies. However, they hardly retain employees, which is a concern, and I am preparing for another job interview,” he said.

READ | Safety, burnout, job stability key concerns of Indian employees …

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Ecommerce

Black Friday may dampen efforts to 'support local' amid COVID-19, experts say [Video]

Despite increased calls for Canadians to buy from local businesses this holiday season, experts fear large international retailers will still dominate during Black Friday and Boxing Day events, leading to a surge in small business bankruptcies in the new year.

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Ecommerce

Reports of rising retail sales suggest Chinese consumers have shaken off coronavirus worry, but the recovery is by no means complete, and spending that has grabbed headlines masks a deeper malaise