HOW IS JOB CLIMATE NOW? - WILL IT COMPANIES CONTINUE HIRING? - CHECK OUT WHAT TCS CEO SAYS!

Many concerns about the state of job market has surfaced ever since the coronavirus pandemic broke out. 

IT services is likely to continue being a significant part of the employment landscape in the country since the demand for talent and services are likely to grow according to Tata Consultancy Services (TCS) CEO and MD Rajesh Gopinath. 

He also highlighted that experienced IT professionals need to welcome automation and other new technologies in order to be able to compete with youngsters. 

"...in absolute terms, Indian IT's employment potential will continue to be quite strong and will relatively keep growing in pace with where we see the opportunity. The relative ratio of IT to other industries is a factor of what happens in the larger economic scenario...in the foreseeable future, IT services will remain very attractive and a significant part of the job environment in India," Gopinathan said during a recent webinar on LinkedIn.

He also added that the demand for jobs is "only going to explode given the role that technology is playing today and in future".

While talking about layoffs in the industry and impact of the pandemic, he spoke about the need for preexisting employees to reskill themselves. "My bigger message is to the ones who have got more experience, the ones with 10-15 years' experience. They also need to embrace it rather than being worried about it. And they need to invest in their knowledge, in their contextual knowledge and upgrade their skills in terms of the tool usage," he stated.

"If you want to think about a 30-40-year career, you need to be constantly ready to learn," he added

While talking about adapting to newer technologies due to the pandemic, he said, "so video conferencing did not get invented six months back. But our acceptability of leveraging it and the openness with which we are leveraging it has significantly gone up 10-folds, 50-folds...a lot of the work content could be done through remote collaboration like we are currently doing and the acceptability of that increasing -- both inside enterprises and between enterprises -- will be a huge booster.”