BusinessAbout 50% Of Laid Off Techies Will Be Re-Skilled: Survey
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About 50% Of Laid Off Techies Will Be Re-Skilled: Survey
New job opportunities are emerging in cloud computing and AI
More than two lakh jobs are likely to be lost in next two years
Automation platforms are also reducing human efforts causing job cuts
Mumbai: With nearly two lakh jobs expected to be slashed in the IT sector in the next two years, all is not lost as more than 50 per cent of the laid off employees will be re-skilled and transfered to other opportunities, a survey said.
The survey was conducted by CIEL HR Services among mid to senior-level professionals in 50 IT companies.
"The normal industry attrition is 15-20 per cent, which is not getting replaced and with auto...