Indian IT employers expect layoffs and a shrinking job market in the next two quarters, according to the survey report. Fewer information technology (IT) companies are looking to hire in the next six months, results of a survey showed. Hiring will be concentrated in captive centres in India, “ruled by on-demand hiring”. Hiring intentions have drastically gone down in IT services companies too, from 22% in the previous half-year period to 9% in the October-March period. Cloud computing and SaaS (Software as a service) skills will lead the hiring demand, followed by big data analytics.

Source: Mint October 10, 2017 11:37 UTC