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API industry facing leadership talent crunch: Report

API industry facing leadership talent crunch: Report
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layoffs: Layoffs at big internet firms keep staffers at startups on the edge

The new year has begun on a sombre note for people working in large and well-capitalised startups as companies like Swiggy, Flipkart, and Paytm are laying off a sizable chunk of their teams.

C-suite hiring: Experts remain divided on when and where hiring wave will start

Decoding the senior leadership hiring trends has revealed that there is expected to be an uptick of over 14-15% in CXO-level hiring in 2024. However, CXO hiring is predicted to remain weak in the first half of the next fiscal year. Sectors such as Pharma, BFSI, and industrial products are experiencing higher demand for leadership, while education and e-commerce have seen a decrease in demand.

India Inc Acquires Right Expat-ise to Scale New Growth

Indian companies are increasingly hiring foreign executives and Indians with global experience to build capability in new growth areas, facilitate digital transformation, lead international expansion and make up for local talent shortages.

India Inc: India Inc acquires right expat-ise to scale new growth

Kotak Mahindra Bank, Vedanta, Larsen & Toubro, the Tata Group and the Adani Group are among large Indian conglomerates and companies that are bullish on expat talent, they said. There is also increased interest among these executives to work in India, given the opportunity for growth and experience this country offers, they said.

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