Over 80% of Indian companies report zero layoffs in 2023
Google layoffs 2024: CEO Sundar Pichai warns of more job cuts this year Also, the report mentioned that 77% of the HR leaders have projected that rehiring top talent is an effective way to regain institutional knowledge this year. After Prime, Amazon's Twitch and Audible face layoffs due to financial issues On the hiring trends of 2024, the report claimed that AI and automation will continue to influence job roles across industries.
"This year will set the trend for how Workforce 2.0 develops superior skills and an open mindset to embrace AI making 2024 the watershed year that defines the future of work for good," the report said. AI tools aid professionals in job discovery, career growth: Report For instance, 51% of the HRs said that AI will replace the jobs of content writers and 46% said that customer service is also at the risk of obsolesce.
Further, organisations are predicted to focus on skills this year. The report said that inclusive hiring will be the top diversity, equity, and inclusion (DEI) priority with 68% of companies prioritising equal opportunities for all genders as they plan talent acquisition strategies for the coming years.
Will Big Tech's global layoffs damp recruitments in India? "As we navigate through an era where skills are becoming redundant at an unprecedented pace, empowering the workforce is key. Companies need to embrace inclusivity as a mindset now more than ever to better understand their workforce and plan effectively for the future," Siddhartha Gupta, Chief Executive Officer, Mercer | Mettl said.Milestone Alert!
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