Job crisis: No recruitment in May, IT sector crisis continues: Report

IT Sector Job Crisis: Hiring activity for white collar professionals in India has been steady in May. This information was given in a report on Thursday. According to the Naukri JobSpeak Index, a total of 2023,2 advertisements were placed for jobs for professionals working in the office in May 849. In May 2022, the number was 2,863.

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The report says that new jobs in the oil and gas sector increased by 31 percent in May. At the same time, recruitment in the information technology sector was less than 2022 percent in May 23. Naukri.com Chief Business Officer Pawan Goyal said the increase in hiring in sectors like real estate, banking, oil and gas and pharma reflects the diversity of the Indian economy.

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It has been said in this report that the hiring activities of the IT sector are a matter of concern. Almost all types of IT companies... For example, hiring activity in global technology firms, large IT services companies, technology-focused startups and unicorns has declined.

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