RBS is looking to hire candidates in US to work in India . Not sure if economy is that bad in USA or it is for people willing to back to their home country.

Google is looking for beautiful(smart) mind in M.I.T , US. read the details here Google beautiful mind puzzle

If you can break the code, you get the job

For all the immigrants who are coming to US on H1b,  and are waiting on long lines to get a green card, there is another option.  Forgot about getting a job in US these days. If you can get $500,000 to invest in US, you might get a green card in return. But there are some clauses. Read the news here

It is a different question that if an immigrant has $500,000 ,is he willing to take that risk or wants to spend a cushy life back in his home. Of course not an option for everyone .

Currently we are going through the worst global recession in decades, as the fallout of the most severe financial crisis since the Great Depression of 1929. To help the United States recover from this recession. President Obama signed the American Recovery and Reinvestment Act (ARRA). This act promises to create or save over 3 million jobs.

In an interview with NBC President Obama said “The key is making sure we jump-start the economy in a way that doesn’t just deal with the short term, doesn’t just create jobs immediately, but also puts us on a glide path for long-term sustainable economic growth,

The American Recovery and Reinvestment Act of 2009 is intended to provide a stimulus to the U.S. economy in the wake of the economic downturn. The measures are nominally worth $787 billion.The Act includes federal tax relief, expansion of unemployment benefits and other social welfare provisions, and domestic spending in education, health care, and infrastructure, including the energy sector.

The American Recovery and Reinvestment Act (ARRA), will be creating a wide variety of Job Opportunties with good salaries. Some the fields that their would be growth are Engineering, Nursing/Health Care, Accounting and IT .

Yahoo Jobs has listed the 7 most hot jobs(listed below), and some of them do not even require a four year degree and their salaries range from $40,000 to $ 80,000.

Computer Security Specialist  – $78,376

Cost Estimator -  $58,868

Civil Engineer -  $66,638

Insulation Installer – $44,460

Solar Panel Installer – $44,460

Physical Therapy Assistants – $48,999

Loan Officer -  $43,070

The above jobs, do have good salaries  and  We sincerely hope that this  stimulus package helps the  revival of the long awaited U.S economy .

Maybe this was long overdue. Satyam Computer Services Ltd which had been showing tremendous growth in last decade by manipulating its book can no longer afford to do it.

The new owner tech Mahindra can no longer afford to pay people on bench when there are no projects. Satyam said that it is creating a cost-cutting program, which is effective this month, targeting employees who have not been in billable roles for three months or more. Those employees can take up to six months off and receive their basic pay and medical insurance, and may be recalled and reinstated at full pay and benefits as business demand dictates. They can also be called if any situation arises.

This move can effect 5000 to 7000 workers. The news could be bad for tech industry which had been already reeling under US recession . These 7k workers could bring more pressure to salaries of IT professionals in India.

Although this may look pretty bad for now but could be good in long term for the company where it needs to shed its extra flab and grow more comptetive.