The IT-software sector in India recorded a 14 percent sequential growth in hiring in May 2021 compared to April 2021, as per the latest Naukri JobSpeak report. The growth has been attributed to mass hiring announced by several tech firms such as Adobe, IBM, Oracle, Udaan, Accenture, Meesho, Flipkart, and Nike India, the report stated.
City-wise breakup showed IT hubs such as Pune (12 percent), Bengaluru (9), Mumbai (5), and Hyderabad (4) demonstrated a growth in hiring in May 2021 vs April 2021 period. However, Delhi/NCR saw a decline of 11 percent. Smaller cities such as Jaipur (-19 percent), Vadodara (-9), and Coimbatore (-5) witnessed a downturn as well.
Compared to May 2019, the tech hiring has improved by 39 percent in May 2021.
“The pandemic has accelerated the pace of digital transformation across sectors and created a need for rapid and scaled deployment, thus reflected in the IT-Software industry,” said Naukri JobSpeak report.
That said, the overall hiring across sectors first stabilised and then turned flat (-1 percent) in May 2021. Sectors such as Sales/BD (-20%), Production/Quality (-22%) and Purchase/Logistics (-14%) roles saw a decline in May '21 in sequential hiring. Hiring for HR/Admin (-4%), ITES/BPO (-8%) and Content/Journalism (-8%) domains has also been impacted in May 2021.
The Naukri JobSpeak is a monthly Index that calculates hiring trends based on the job listings on its parent website Naukri.com, on a month on month basis.
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