rgurus
Active member
A techie and above 35? You are most likely to be fired
All over the world, jobs in the information technology (IT) sector are under threat due to increasing automation and new digital technologies. But these challenges become bigger for India as Indian IT companies find it hard to re-train staff.
Recently, industry body Nasscom said there was a need to re-train up to 1.5 million workers, nearly half of its sectoral workforce.
Roles in IT companies that were typically assigned to employees with over 10 years of experience — the middle-level bracket — are now going to machines.
A large number of them cannot be trained. Probably, India will witness the largest unemployment in the middle level to senior level."
As a result, even as IT companies fight to retain their top talent, they have not been very forthcoming in handing out pay hikes to mid-level employees.
Though Indian IT companies are spending millions to re-train their workforce, human resource experts say the mid-level group, which has the most to lose, is also the most resistant to change.
All over the world, jobs in the information technology (IT) sector are under threat due to increasing automation and new digital technologies. But these challenges become bigger for India as Indian IT companies find it hard to re-train staff.
Recently, industry body Nasscom said there was a need to re-train up to 1.5 million workers, nearly half of its sectoral workforce.
Roles in IT companies that were typically assigned to employees with over 10 years of experience — the middle-level bracket — are now going to machines.
A large number of them cannot be trained. Probably, India will witness the largest unemployment in the middle level to senior level."
As a result, even as IT companies fight to retain their top talent, they have not been very forthcoming in handing out pay hikes to mid-level employees.
Though Indian IT companies are spending millions to re-train their workforce, human resource experts say the mid-level group, which has the most to lose, is also the most resistant to change.