Economic Timesأخبار اقتصادية
Not AI, IT hiring not picking up because of global slowdown in IT spend: Ramani Dathi, Teamlease Services
Ramani Dathi, CFO, Teamlease Services, says on the non-IT side, a very positive outlook as far as hiring is concerned across all segments like BFSI, FMCG, FMCD, pharma, tourism, hospitality and manufacturing. The monsoon is expected to be positive for this year. We believe that the upcoming festive season can also be very good for retail, FMCG, FMCD and other related industries.
Overall, how is the hiring outlook right now versus six months ago or at the start of the year? Are things materially different when it comes to IT, banking, tourism etc?
Ramani Dathi: Let me start with IT because as far as IT is concerned, we are not seeing any kind of pickup in the hiring momentum at this stage. We expected that maybe in the middle of this year there could be some green shoots, but to be very honest as of now we are not seeing any kind of major uptick as far as demand is concerned.
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