article source: businessinsider.in

overview: A survey by Randstad says that hiring in the Indian IT sector is likely to rise in the first quarter of 2023 as seven out of 10 companies plan to increase their headcount in the period.

 

Specialized IT, telecom and service-oriented jobs will be on the upswing in 2023 as increased digitalization, 5G expansion and a claw back by service sectors to pre-Covid levels of growth — will necessitate increased hiring in these sectors. Also, the momentum from the festive season-driven hiring growth in retail, e-commerce and BFSI (banking, financial services and insurance) sectors witnessed in the last quarter of 2022 will likely spill over into the next year, industry players say.

jobs market outlook 2023
jobs market outlook 2023

Despite the large-scale job cuts and hiring freeze affected by global technology players, the Indian IT sector is likely to defy the global trends and see hiring next year – especially for specialized digital skills.



A survey by staffing and recruiting services firm Randstad says that hiring in the Indian IT sector is likely to pick up in the first quarter of 2023 as seven out of 10 companies plan to increase their headcount during the period.



And the country’s big push for 5G expansion in 2023 will see a surge in hiring in the telecom sector as well.

 

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