As the buzz around IT layoffs increases, more industry experts are pointing to the sharp shift in the IT landscape and the need for employees to upskill asap.
The IT mass layoffs is about the shift in focus from “scale to skill”
Hari Krishnan Nair, Co-Founder, and Head of Marketing, Great Learning.
Automation will decimate around half of the current IT roles in the next 3-4 years so there is very little time to turn this obstacle into an opportunity. Mr. Nair stated that it is a hire & fire scenario, with companies firing the employees stuck in obsolete job roles, and the same companies hiring in big numbers for Big Data Analytics, Business Analytics, Artificial Intelligence, and Internet-of-Things. So, these roles present a golden opportunity both in terms of a higher income and better job profiles. The right time to act is now!
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