Are AI Bots Eating Up IT Jobs Faster Than Expected?

ADVERTISEMENT No need to panic, but automation and artificial intelligence may already be playing a role in reducing IT hiring in India. According to Nasscom, an Indian IT industry association, fresh hiring in the current financial year is expected to decline compared to last year as IT companies face stiff margins, and move more jobs to automation. Campus hiring may fall for the first time since 2009. “Hiring activity in the year before last was 2.20 lakh (new jobs were created in IT sector). Last year there were about two lakh additions. This financial year, we are expecting it to be on the lower side of that,” Nasscom President R Chandrashekhar said. For the first time since 2009, campus recruitment of grads could fall across engineering colleges as companies resort…

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