Good News for IT Employees | Layoffs 2024| IT Industry Future

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#layoffs2024 #goodnewsforIT #itjobs #itfuture
This video talks about recession and layoffs, when layoffs will end, job market in 2024, when calls will start
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#recession #layoffs
🟢Tech Adoption and Innovation: Riding the Wave
The surge in emerging technologies like artificial intelligence, machine learning, cloud computing, and cybersecurity is reshaping industries.
🟢Skills in Demand: Beyond the Basics
While traditional IT skills retain their importance, the landscape is evolving. There's a growing appetite for professionals well-versed in AI, ML, blockchain, and cybersecurity.
🟢Talent Gap and Upskilling: Bridging the Divide
The industry faces a glaring talent gap of approximately 1 million skilled professionals. However, this presents a golden opportunity for job seekers to bridge this gap by acquiring in-demand skills.
To make up for the global hiring slowdown, these institutes have also considered potential new startups for early slots, says Rajib Maity, Chairperson of the Career Development Centre at IIT-Kharagpur. However, not without a vetting process. IIT Guwahati’s Lalit Pandey says that startups in the financial and software domain with sound funding, competitive salaries, and challenging roles are making the cut.
Companies visiting the campuses include Deliveroo, Skiify, and Headout. Also visiting the IIT-Delhi and IIT-Madras campuses is aerospace manufacturing startup Agnikul. Its Chief executive Srinath Ravichandran shares that they are offering flexible packages, ranging as high as ₹20 lakh.
Indus Insights is planning to increase the freshers intake from IITs by 20% compared to the previous year, says co-founder Neha Sharma. Chaabi’s CEO Puneet Dhiman shares that students are keen on startups that tackle challenges and provide learning opportunities.
Another report by the publication states that the acceptance rate for pre-placement offers (PPOs) at the IITs also increased this year. Cisco, Oracle, Intuit, Goldman Sachs, and P&G are among the companies offering PPOs, the report adds.
The highest offer at IIT-Guwahati stood at ₹1.1 crore and the institute observed a 10% increase in the number of recruiters this year, shares Head of the Centre for Career Development Lalit Mohan Pandey.
Why there are no calls in the IT industry/ for Software Testers?
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Freshers - certification, selenium + java, ISTQB, test automation, java/python
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Feb 2023,
Amazon, lay off , google - recession
New projects - no , less
companies - employees to work in multiple projects
selected in interviews - you did not receive offer letter
Experienced
Amazon, lay off , google - recession
Feb 2023, March or in April - May - appraisal cycle, - internal hirings
vacancies - less
Career Gap
long career gap
short career gap

[@patss5446]

*Indian IT sector is very saturated now. High time we need to generate employment in other sectors*

[@tarundipadhikari9834]

yes, the acquisition and the new business arm in the form of semiconductor unit, jobs will be created but for specific set of people but what about the others? How the existing lot would be benefitted out of it? Can you shed some light on that part?

[@pranjalijoshi6114]

Really informative.. Thanks for this video

[@rdautomationlearning609]

Thanks for watching 🙏

[@maheshmack4178]

Thanks Sir

[@chetanwanare7104]

What about automation tester manual tester opening sir ?

[@musicbajaoo7190]

Are you looking for testing jobs? How many years of experience you have?

[@chetanwanare7104]

@@musicbajaoo7190 3.6 yr manual +Automation

[@nicks_hunts6502]

​@@musicbajaoo71903 years of experience in manual and automation testing.

[@deepanshugandhrav6344]

Iam looking for the job since past two months and not been able to get good response having 3 years of experience in both manual and automation

[@epicgamer7472]

​@@deepanshugandhrav6344get into RPA! ( Robotic Process Automation)

[@helpandsuppotsr1.034]

Liked this video sir😊

[@rdautomationlearning609]

Thanks for watching 🙏

[@vijaykumarhiremath1101]

❤sir

[@techstromvipin6097]

Whet about testing

[@deakhkyarahahaire6045]

Please don't potrey !! IT is too down simple no need to explain anything...

[@BeatSyncBytes]

But India is almost zero in chip

[@rdautomationlearning609]

India will become hero soon

[@TheSudhanshu1982]

ha ha ha .. wait for it. There would be massive layoff around mid Jun/July in India

[@geethakumari2460]

What about Jobs in US?

[@saugatadas77]

Lol

[@rahmatullahansari3097]

I am searching job since 1.5 months but still I don't have any offer , had given almost 40+ interview . For not answering a single question they are rejecting , I have 5+ years of experience By seeing this I can say there is still very less jobs in it ,

[@raziques.1821]

For which job post you're applying?

[@cliftonavildsouza9608]

Same in managerial round they look for reason to reject

[@rahmatullahansari3097]

@@raziques.1821 Java/ SpringBoot

[@sivapadma519]

How many days you are going to do the same thing. Posting same type of videos