Tech industry investing in automotive Labs and AI technologies for job growth
IT Industry offering high salaries in 2024
Opportunity for Tech & IT Employees
Expected increase in discretionary spending due to decrease in interest rates
Expected increase in IT job opportunities due to economic factors
Positive outlook for Tech & IT employees with expected growth
“Tech Job Market Outlook 2024: Positive Signs and Growth in IT Sector”
Tech job recession in 2024 over
The video discusses solid proofs that support the belief of the worst being behind in the technology world.
The speaker provides perspectives through job reports, macroeconomic conditions, profitability, and CEO statements.
Tech job market shows slight growth in 2024
AI and machine learning jobs saw a significant 14% increase
Overall hiring rate was slower, affected by fewer working days in August 2024
Tech industry investing in automotive Labs and AI technologies for job growth
Increasing investments in connected, autonomous, and electric vehicles in automotive Labs.
Enhancing capabilities in AI and generative AI to further boost job opportunities and potentially higher pay.
IT Industry offering high salaries in 2024
Salaries in tier one MNCs and Banks are increasing by 20-30%, reaching up to 40-50 lakhs
Opportunities in growing sectors like electric vehicles, sustainability, and generative AI are recommended
Opportunity for Tech & IT Employees
Completing the course offers alumni status, certification, and immersive program at IIT Goti campus.
Eligibility for applying to 500+ hiring partners with placement support and mock interviews for 2 years.
Expected increase in discretionary spending due to decrease in interest rates
Discretionary spending refers to non-compulsory spending by companies on certain projects only when they have ample funds.
The expected decrease in interest rates will lead to increased cash flow within the economy, allowing customers to buy more products and companies to spend more on other projects.
Expected increase in IT job opportunities due to economic factors
Banking companies expected to increase spending due to fed interest rate cutdowns, benefiting IT service companies
Positive growth expected in IT industry, seen through increase in hiring and recruitment
Positive outlook for Tech & IT employees with expected growth
HCL Tech CEO predicts more growth in the next 3 months and the next one year
Data points from various dimensions support the positive outlook for more job offers
