Tech Companies creating fewer jobs – Machines take over
The software industry will produce fewer jobs this year on account of the introduction of machines in entry-level coding. Tech companies creating fewer jobs highlights a shift in the industry. Early studies estimate that the number of jobs may fall down to 2.50 lakhs from previous year’s 3 lakh. Industry lobbody Nasscom has predicted a 7-9% growth in the industry itself. But the reduction in job creation indicates how rapidly the industry is morphing. The number of job offers at engineering college campuses will remain the same but laterals…
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