The job market can't ingest millions of fresh graduates every year. But something something population is strength something something superpower. 
 Morons

Demographic dividend is a double edged sword ⚔️... I agree

Senior Consultant

Consultant

Founder

Of course, this is a correction. After hundreds of years, children will be born with only one leg, and saints will say it's just a correction.

this is a much needed change, people were blindly going into IT, hopefully they will build diverse skill sets and give rise to other sectors as well.

Senior software engineer

VC's and CXO's jerking themselves off using jargon such as demographic dividend, VUCA world, etc.

Software Developer

Senior Data Enginee

It's a drop from almost 3 lac last year.  Nasscom says this is a correction.  What do u think? 💭

Welcome to Indian Startups's Private Community

It's a drop from almost 3 lac last year.

Nasscom says this is a correction.

What do u think? 💭

60000 new jobs in 2024

60000 new jobs in 2024- Grapevine

Welcome to News Discussion's Private Community

When the whole world is coming to India for FTAs, this guy is writing a suicide story for already crippled Canadian economy. A “could be” statement from a Prime Minister 🥱

Disaster named “Trudeau”

Product Manager

Liabilities and high interest loans rising, household savings falling. It's a very worrying statistic if people are borrowing money just to stay afloat.

Acche din

Generalist

Welcome to Software Engineers's Private Community

Is 2024 gonna be even bad year for job seekers. Last 1.5 years was terrible. Please share your thoughts

2024 Outlook for Software job seekers

Software Engineer

https://m.economictimes.com/jobs/mid-career/startup-salaries-get-reset-as-talent-becomes-affordable-amid-crises-at-byjus-paytm/amp_articleshow/107399561.cms

How many agree to this article

Computer operator

What does unemployment around you look like? Or if not around us, for people trying to come out of Tier 2/3 towns. These mass recruiters (behemoths like Capgmeni & Cognizant + TCS Infosys) are actually the gateway for many into a city life. In the absence of it, it's scary to think what they're up to.

What happens to those 1.5L students/professionals? Scares me everyday.

Corporate Strategist

From October , layoffs have increased quite a bit. At least that's what I have been noticing. Personally, I have also been affected and looking for job opportunities since this month. 

Do you think number of layoffs have increased or flattened?

Are we entering into new layoffs wave?

Marketing manager

Welcome to Business Roles's Private Community

Share your progress - the journey.
- Where did you begin and where are you now?
- What motivated you to go the extra mile? 
- Where do you see yourself in the next few years?
- What did you do differently then the rest of the pack?

This can serve as a motivation to those of us who wants to improve and as a appreciation for some of us who made themselves a stellar career.

Eager to hear your stories. 🔥

What has been your career/salary progression so far?

Lead engineer

I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way? 

If it's really bad, which department you think is the most affected? How's layoffs specifically in India? Or is it layoffs in US but more hiring in India due to cost cutting? 

Are layoffs in technology/engineering dept as in for developers or some other departments? Your thoughts please..

Job Market right now in India?

Recently, I've been observing a concerning trend that I haven't observed before in my 5 years in this industry. 

A large no. of job openings are coming up at mid-sized companies and startups that require 5+ years of experience but pay 7-12 LPA. One of these companies even used to pay a decent more when I'd applied to it a few years before

Does anyone have insights on the root causes behind this trend and how it will shape up the job market going forward?

My hypotheses on root causes:-
(1) Bad job market
(2) Advent of AI

Insane number of low paying software jobs

Do you think recession will affect campus placement for next batch

Recession in 2024?

Welcome to Office Gossip's Private Community

People in tech are in over their heads. There’s been an unsustainable inflation in salaries and somehow 20 somethings have actually started believing their skills are worth what they’re making

I speak to so many engineers who just with two years of experience are making 30-40 LPA packages. They actually believe they are better than people in say banking who make the same salary after 15 years of grinding it out. 

It’s all supply-demand. Supply will soon catch up to the demand. Salary normalization will happen. 

Your salaries may not grow for years if you don’t personally grow as well in skill set and become more valuable overall. 

At the least, don’t have an attitude about how much you make. Stay humble. Enjoy the good times while they are still here

Rant - People in Tech have lost their mind

Business Development Manager

TCS New: TCS plans to hire 40k people in FY24.

Do a startup on things you did in the past

Fampay's leadership laid off, can't find high-paying job.

Hiring mandates for IT talent stood at 124,000 in February, which is a nearly 50% jump compared to January and 33% higher than in December, data from staffing firm Xpheno shows.

Tide seems to be turning for IT as hiring mandates rise 50% in February

IT Hiring mandates up by 50% monthly in Feb 2024 (vs Jan 2024). Finally some good news that hiring market may recover!

When will the job market improve at start ups in India? What factors will drive the improvement? Job market = availability of jobs, better salaries, minimal layoffs

Job market - Indian startups

Data analyst

Welcome to IT Company Discussion's Private Community

Copied from reddit.
What do you guys think?

Current market condition. What say?

This is absolutely meme material!! They declared that 75% of employees will work from home by 2025, and before even 2025, they reverted that and now claiming everyone to come to office all 5 days!! I mean not even Hybrid, but all 5 days!! News mentioning recent report of asking employees to come all 5 days- 

https://m.economictimes.com/tech/information-tech/tcs-asks-employees-to-return-to-office-five-days-a-week-may-end-work-from-home-from-october/articleshow/104049381.cms

TCS- From 75% to 0%, that was pretty fast!

What's your thought on whether the job market is on a trend towards normalizing versus previous quarters? When do you think market will be back to normal?

60000 new jobs in 2024

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