Telecom Sector: 33.7 percent increase in jobs related to 5G and the telecom sector, and demand will increase in the next quarter

The last 12 months have seen a sharp jump in jobs related to 5G and telecom. According to a report, the reason for this boom is that telecom companies want people to adopt 5G technology faster.

According to international job websites, 5G and telecom-related jobs have seen a 33.7 percent increase between last year and this September. Soumitra Chand, the career expert at Indeed India, said companies had already started hiring people to develop 5G technology and services. Companies are rapidly adopting 5G. This will increase the demand for such jobs in the next quarter as well. Along with this, the demand for skilled talent will also increase in work like designing security systems and building networks for 5G technology.

Increased employment in cyber security

The report also shows that due to Corona, companies have provided work-from-home facilities. This has increased the demand for better management of cyber security. According to the data, there has been an 81% increase in job postings for cyber security between August 2019 and August 2022. Between August 2019 and August 2022, there was a 25.5% talent shortage in cyber security jobs. In such a situation, the launch of 5G services will lead to a big jump in security-related jobs.

Microsoft removed 1000

Microsoft Corporation has laid off at least a thousand people in total from each of its divisions. American website Axios gave this information by quoting the source on Tuesday. American company Microsoft is the latest example, which has fired people due to fears of an economic slowdown around the world. Along with this, the company has banned new recruitment.

This layoff will affect about one percent of Microsoft's total workforce. Let us inform you that as of June 30, the total number of employees of Microsoft is 2 lakh 21 thousand. The company had said in July that some of the smaller roles had been reduced and due to this the layoffs could continue.

Due to rising interest rates and skyrocketing inflation in Europe, many big technology companies such as Meta (Facebook), Twitter, Snap, etc have also laid off and either stopped or greatly slowed down the process of recruitment.

IT companies gave jobs to 1.05 lakh freshers in the first half

Four major IT companies, including Infosys, have given jobs to 1.05 lakh freshers in the first half of the current financial year. These companies recruited 97,000 in the same period last year.

All four companies believe that new employees are more reliable in an environment of uncertainty. Therefore, the emphasis is on increasing the training program instead of recruitment at the senior level. Barring TCS, the job loss rate in the last quarter has remained low or stable.

Infosys: Hired 40,000 people in the first half. There is a plan to recruit 50,000 in the current financial year.

TCS: Has given jobs to 35,000 freshers.

Wipro: Has done 14,000 recruits in the first half. Can recruit 30,000 people in 2022-23.

HCL Tech: Has done 16,000 recruitment during April-September in the current financial year. The company plans to recruit 30,000 people.

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