Job Seekers: The demand for temporary workers in tier 2 and 3 cities in India is increasing during the festive season, driven by growing consumption and expectations of a revival in discretionary spending. Staffing firms such as Manpower, Randstad, Quess, TeamLease Services, Adecco, and Persolkelly have reported a doubling in demand compared to last year.
Companies in India are actively hiring more women for temporary and other roles this festive season. E-commerce, logistics, and last-mile delivery sectors are leading the way, with companies such as Flipkart, Ecom Express, and Shadowfax aiming to increase female representation in their workforce.
Female Workforce: Companies in India are actively hiring more women for temporary and other roles this festive season. E-commerce, logistics, and last-mile delivery sectors are leading the way, with companies such as Flipkart, Ecom Express, and Shadowfax aiming to increase female representation in their workforce.
Non-tech companies like Tata Steel and Mondelez are hiring AI talent to stay ahead of the competition. According to recruitment services firms, demand for AI talent from non-tech sectors has increased by 50% compared to last year. This includes both external AI specialists and upskilling their existing employees on AI. The AI roles in demand include machine learning engineers, AI infrastructure managers, and AI project managers.
Non-tech companies like Tata Steel and Mondelez are hiring AI talent to stay ahead of the competition. According to recruitment services firms, demand for AI talent from non-tech sectors has increased by 50% compared to last year.
Banking bellwethers, who account for over 30 percent of the sector’s workforce, tackled 26 percent attrition and raised their collective headcount by 16 percent, going by data from staffing firm Xpheno.
Six leading Indian IT services companies that have announced first-quarter earnings recorded the sharpest contraction in headcount in the last three years in the April-June period.
Industry analysts say educational institutes are specifically targeting seasoned and senior chefs who possess extensive experience in the culinary field.
In the past, the confidence of Indian talent was driven by buoyancy in hiring; now, it is about replacement hiring, said Anil Ethanur, co-founder of specialist staffing company Xpheno.
One of the consequences of the headwinds faced by the Indian IT industry is the increasing bench size and under-utilisation of employees at companies like TCS, Infosys, Wipro, and others.