Talent Neuron Weekly Digest

1. Talent Neuron Weekly Digest
May 9th 2013
China - New Visa To Lure Tech Talent
 China plans to issue multiple-entry five year visas to attract
foreign talent to the country.
 The country will grant two new types of visa i.e. R1 and R2 to
foreign professionals.
 A R1 visa will ensure residency rights whereas R2 will allow
multiple entry and exits to the country allowing the
professional to stay for a maximum of 6 months.
 Through this new visa program, China intends to attract highly
skilled mid-level technical talent.
City Spotlight - Berlin
 Berlin is emerging as a startup hotspot in Europe. In 2012,
more than 100 internet startups in Berlin received VC funding.
 This vibrant startup ecosystem has led to the availability of
highly skilled talent for Software Product Development. Cloud
& Web Technologies, Java and Automation Testing are some
of the key skills available in the city.
 Universities in Berlin produce over 7,500 fresh graduates
annually capable of working in the software domain.
 Recently, Amazon has setup its cloud development center in
Berlin and Dresden. The center will focus on supporting the
AWS cloud services including operating systems, management
tools and machine learning technologies. The center is
expected to hire over 70 engineers in the next 12 months.
Organization Restructuring - Talent Opportunities
In the first quarter of 2013
 Cisco reduced its workforce by 500 employees. These layoffs
are a part of the organization wide global restructuring plan to
save USD 1 billon. In 2012, Cisco reduced about 2% (or 1,300
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Key Acquisitions
Yahoo acquired Astrid, a
mobile based social
productivity app. This
acquisition is expected to
strengthen Yahoo’s mobile
platform for personalized
applications.
Box of Awesome acquired
Swapit, a site which allows
children to trade items, to
form a new company
SuperAwesome. Swapit also
has an ad network with a
target audience of 7.3
million users. With this
acquisition the newly
formed company
SuperAwesome is expected
to become the largest
discovery platform for kids
and teens in UK.

2. jobs) of its workforce.
 HP closed its site in Russelsheim, Germany, laying off 850
employees. This comes as a part of its service business
restructuring plan. The laid off employees have been provided
with an opportunity to apply for jobs at other company sites in
Germany.
Executive Talent Pool Movement
 Google hired Mr. Noah Falstein, a veteran games designer, as
its Chief Game Designer. Mr. Falstein has previously worked
with 3DO, LucasArts and DreamWorks Interactive. Prior to
Google, he was managing his own consulting firm, The
Inspiracy.
 Quora hired Mr. John Hegeman, Director of Engineering for
Ads at Facebook. In his new role, Mr.Hegeman will lead the
development of Quora’s next wave of features such as reviews
and blogging platform.
 Intel’s COO Mr. Brian Krzanich has been appointed as the
company’s new CEO. As, Intel’s COO, he was responsible for
worldwide manufacturing, IT and HR functions.
University Trends
Rackspace Hosting partnered with The University of Texas, San
Antonio to design and deploy a hybrid cloud platform based on Open
Stack technologies. The new cloud platform will enable students to
run advanced Big Data computations in areas such as energy
exploration, aircraft design and bioinformatics.
Three of Kenya’s top universities Jomo Kenyatta University of
Agriculture and Technology, Riara University and Strathmore
University have entered into collaboration with IBM to create new
advanced training programs. Through these programs, students will
receive training in key skills such as analytics, big data, cloud and
cyber security.
Employee Benefits -
Taxable?
The US government (IRS) is
considering taxing employee
perks such as free meals
provided by technology
companies such as Google,
Facebook and others.
If the policy is implemented
then free meals could be
considered as part of an
employee’s taxable income.
Companies have been
offering benefits like free
meals, haircuts, massages
and yoga classes to attract
top talent.
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