With AI in focus, hiring landscape set for growth in 2024

The country’s hiring landscape is set for growth despite many challenges it faced in 2023. From BFSI, e-commerce, consulting to healthcare and analytics and data, many sectors show a significant hiring intent in 2024.

Experts say though top IT companies are on hiring freeze, they will give preference to skill-based hiring such as AI/ML, cloud computing, cyber security and DevOps roles.

“Campus hiring is currently down to 15%, with a 25% overall decline predicted in 2024. 2023 has been a dull year due to an economic slowdown which has reduced attrition, but it has also stalled headcount growth in the sector. Additionally, a slowdown in overall increment has influenced hiring dynamics in the IT industry,” said Anshuman Das, CEO and Co-Founder, Careernet.