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Friday, 24 March2023

Although IT Hiring have decreased, It May Not Be Concerning

Although IT Hiring have decreased, It May Not Be Concerning

<p>Fears of an economic slowdown in the US and Europe have led to a decrease in hiring in the IT services sector this fiscal year, and this decline is projected to continue throughout the entire year for the $227 billion software exports sector. However, the results for the second quarter indicate that IT majors remain cautiously hopeful for the medium term. In 2023&nbsp;the growth is anticipated to reach 7.9%. Viewing profitability and growth could be a positive outlook on the situation.</p>

Read full story at Economic Times
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