Thursday, January 23, 2025

Kapil Sibal dig at Bhagwat’s remarks: What about the 2 crore jobs a year

Kapil Sibal has taken a dig over RSS Chief Mohan Bhagwat’s remarks. RSS chief Mohan Bhagwat has recently urged people not to run after jobs.

However, on the other end, The Rashtriya Swayamsevak Sangh (RSS) Chief Bhagwat has said that the lack of dignity for labour was one of the main reasons behind unemployment in the country.

Additionally, the leader has also urged people to respect all kinds of work irrespective of their nature. He has also said people should stop running after jobs.

In response, Kapil Sibal shared a tweet from his official Twitter handle, “Mohan Bhagwat Don’t “chase government jobs” Where are the private jobs Bhagwat ji? And what about the 2 crore jobs a year that Modiji promised!”

However, the Layoffs and lower hiring speak a different picture. Let us also discuss slow hiring and layoffs:-

Headcount falls in Q3

However, The top IT services in India together posted a fall in headcount as on December 31 from three months earlier. One of the reasons is easing attrition for the IT companies for the first time in several quarters. According to the experts IT companies are likely to go slow on hiring for at least a quarter more.

Layoffs

The layoffs have increased the unemployment level in the country. Additionally, on the other end, many companies are also sacking employees. According to trueup.io, so far in 2023, there have been 379 layoffs at tech companies with 113,082 people impacted (3,231 people per day).

However, In 2022, there were 1,535 layoffs at tech companies, and 241,176 people were impacted. The actual reason behind the layoffs in the tech companies was overhiring during the first two years of COVID-19. It was followed by global macroeconomic conditions.

As per earlier data, more than 1,600 tech employees are being laid off per day on average in 2023 globally including in India, and the sacking episodes have gained speed amid the global economic meltdown and recession fears.

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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.