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IT staffing: From funnel-vision to tunnel-vision

DataQuest

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March 2024

Krishna Vij, Business Head, TeamLease Digital distills some recent trends and turning points in the IT workforce landscape. From the long-tail ripples of 'The Great Resignation' to skills that are fading to the relevance of Tier-2 and -3 towns for IT hiring - she gives us a quick CV of the industry that is applying for a new future.

- Pratima H

IT staffing: From funnel-vision to tunnel-vision

What 3 major changes have you seen in the last one year in the Indian IT industry-especially with all the lay-offs, changes in hybrid work model and the startup sector's turbulence?

The Indian IT industry has witnessed transformative shifts in the past year, marked by the ascendancy of hybrid work models, fostering remote work feasibility. Concurrently, a surge in demand for AI, ML, cloud computing, cybersecurity, and data science professionals has driven exponential growth in disruptive technologies. Simultaneously, IT companies are prioritizing upskilling initiatives to meet talent demands in these evolving domains. Furthermore, the Great Resignation has impacted the sector, prompting companies to focus on talent retention through enhanced employee well-being programs and flexible work policies leading to a revaluation of talent management strategies in the IT sector.

What IT skills or domains are approaching the sunset-turn?

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