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.

Program Manager

Software Developer

Senior Data Engineer

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”

And still a lot of people are migrating to so called crippling Canada over India speaks a lot about the situation in India ig.

Senior Associate

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.

We probably will see an unprecedented economic divide in this country going forward if the unemployment rate stays this high. 
 And we know for a fact the government has tried to suppress this number to paint a rosy picture

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?

2018 - 7.2LPA ( Services startup ) 
 2019 - 15LPA ( Hike ) 
 2020 - 21LPA ( Switch ) 
 2021 - 27LPA ( Hike ) 
 2022 - 33 LPA ( Hike ) 
 2023 - 72 LPA ( Switch ) 
  
 Sorry. Should have posted mine first :)

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?

It is really bad right now 
 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big MnC. 
 2. Almost everyone I know of wants to switch, because of no/less appraisals from last 2 years 
 3. Bad work life balance - people thinks switching might help 
 4. Too much competition for any open position. Because of too much supply, companies are low-balling and people would accept the offer.  
  
 Recruiters ghosting is too common. Even if you've killed in your interviews and recruiters get someone who's ready to join on less pay, they'll simply ghost you.

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

60000 new jobs in 2024

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