China’s Internet companies fighting for talent

As Europe is caught up in the debt crisis and the United States is troubled with high unemployment, China’s Internet companies are battling for talents. “Come back home and everything goes well!” some Chinese companies write in recruitment posters.

It is a very interesting phenomenon: On the evening of November 23, Nokia Siemens announced a plan to cut 17,000 employees before the end of 2013, with a rumored 4,000 of those cuts coming from China. While earlier, Ding Lei, CEO of Netease, one of the biggest Internet companies in China, announced the recruiting of more than 800 people across the country, according to a report in TechJournal.

Another two well-known internet companies are fighting a war for workers, as reported by a Chinese business newspaper.  >>More here

SOURCE:  techjournalsouth.com