IT, ITES hiring dips in Bangalore
IT, ITES hiring dips in Bangalore
BANGALORE: The Naukri job speak index for Bangalore indicates that hiring in the city has been continuing at a steady pace over th..

BANGALORE: The Naukri job speak index for Bangalore indicates that hiring in the city has been continuing at a steady pace over the past few months but there has been a 2 per cent slump in September in comparison to August. The company has informed that this dip is primarily because the key sectors of Bangalore such as IT, ITES and telecom saw a dip in their hiring activity in September.There could also be a larger issue with speculations of another economic slowdown going around.But, the company has stated that a year on year comparison shows that the index moved up to 14 per cent in September compared to the same time last year. Hyderabad, Delhi and Chennai witnessed monthly growths of 22 per cent, 10 per cent and 9 per cent respectively in their hiring activity.“Corporate India is likely to see a deceleration in jobs in the coming months as both employers and employees adopt a “wait and watch” approach amid global economic slowdown and volatile markets,” said CEO and MD of Info Edge Hitesh Oberoi.An in-depth analysis of the sectoral index shows that the IT Software and ITES sectors index dipped by 4 per cent and 9 per cent respectively in September as compared to August.Among the other key sectors of the city, telecom industry saw 10 per cent dip in hiring levels while the auto sector saw hiring activity pick up by 5 per cent in September as compared to the previous month, the index pointed out.Mirroring the hiring trends of the IT sector, software and BPO professionals saw their hiring activity dip by 3 per cent and 11 per cent respectively during the same time.The demand for Sales and HR professionals remained steady in September.

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