Monday, September 8, 2025
spot_img

IT Sector Sees Further 21% Decline In Hiring In India 

spot_img
- Advertisement -

According to the Naukri JobSpeak Index Report, There has been a decline of 21 percent during the hiring in the IT sector during December 2023 against the same month last year and a fall of 4 percent compared to the preceding month of November 2023 while hiring in AI jobs is growing. 

Generative AI has revolutionized industries, automating routine tasks while creating new job opportunities. Jobs involving AI development, maintenance, and ethical oversight have surged.

While some repetitive roles have diminished, the demand for skilled workers to collaborate with and oversee AI systems has risen. Upskilling and adapting to the evolving technological landscape remain crucial for job security.

Overall, generative AI has reshaped employment dynamics, emphasizing the importance of human-AI collaboration and fostering innovation in the workforce.

However, a McKinsey report stated that less than 5% of jobs will be lost due to AI, and around 60% of jobs will require adaptation to AI, developing new skills to factor AI into our work, as the tasks we do will change.

The metro cities have seen a decline in the following:

  1. Chennai 24 percent
  2. Bengaluru 23 percent
  3. Hyderabad  23 percent
  4. Pune 17 percent
  5. Kolkata 16 percent

On the other end, The hospitality sector and the pharma sector have shown a positive trend as the sector came in strong with a 4 percent and 2 percent respective increase in hiring compared to December last year. 

Note: We are also on WhatsApp, LinkedIn, and YouTube, to get the latest news updates, Join our Channels. WhatsApp– Click hereto subscribe to YouTube – Click Here, and for LinkedIn– Click Here.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Sameer Nagarajan, Global CPO, Erba Mannheim on Succession Planning

In Conversation With Sameer Nagarajan Global Chief People Officer...

Xpheno Appoints Sunil Nair as Growth Head – IT & ER&D Staffing

Specialist talent solutions firm Xpheno has appointed Sunil Nair...

Wipro to bear COVID-19 treatment costs beyond insurance coverage

Wipro to bear COVID-19 treatment costs beyond insurance coverage...

CHRO & HR- Head Appointments in June 2023

The top leading organization including Tata Chemicals, Essel Group,...

Tata Steel MD & CEO on strategies to adapt New Normal

TV Narendran, MD & CEO, Tata Steel on strategies...

TCS announces changes in its health insurance policy

Tata Consultancy Services (TCS), announces changes in its health...

IBM is offering free STEM courses, Apply Here

An American multinational technology corporation, IBM is offering free STEM...

5 Reasons Why HR is Adapting to a Rapidly Evolving Work Environment

The role of human resources has evolved over the...

Related Articles

Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.