India’s Job Market Settles Down

With several global technology companies laying off staff in India and beyond, the job market may appear unsteady. But it’s not all doom and gloom, given that India’s economy is expected to grow by around 6 percent this financial year.

Many Indian employers are still growing and hiring, albeit at a slower pace than last year, which has brought a range of upsides for corporate recruiters of talent.

Hiring activity has settled at levels typically seen before the pandemic, which has resulted in more even-keeled conversations about compensation and a better chance that candidates will accept job offers, recruiters report.

https://www.shrm.org/in/topics-tools/news/talent-acquisition/india-job-market-settles-down