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Based on the data seen by Moneycontrol, in 2023 placement season, only 33 students were not placed in IIT Jammu compared to 125 in the current placement season. ....
Rituparna Chakraborty discusses the evolving job market influenced by AI and automation, emphasizing the need for updated skill sets to align with technological advancements. The narrative explores the changing dynamics of the IT sector and the importance of embracing new skill requirements. The TeamLease co-founder says that this trend where IT services companies are either not hiring or are reducing headcount is a fact of life now and is likely to continue for a few quarters or into the future. ....
Infosys and TCS reported headcount declines in 2023-24 due to automation. Indian IT workers face challenges negotiating salaries with generative AI. Global tech job markets are impacted by AI, leading to a shift in causality for Indian companies. ....
Chahar points out that while IIT Bombay students will likely find employment, it won't be that easy for those graduating from tier-3 colleges unless they are willing to adapt. ....
March 2024 showed 4% drop in hiring from 2023. Education, telecom, energy sectors grew; automotive, shipping faced challenges. Senior management hiring increased by 6%. White collar gig roles surged 184%. ....