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IT companies see more CVs than they did 3-4 months ago, says Info Edge

  • Info Edge, parent company of Naukri and IIM Jobs, notes increased IT job postings and resume views compared to 3-4 months ago.
  • While cautious about utilization levels, the surge suggests potential recovery for the $250-billion sector. CEO Hitesh Oberoi highlights shifting demand towards AI, ML, and data analytics skills.
  • With an 11% billings growth in IT, Info Edge reports positive revenue trends despite a tough IT climate. Rising demand signals a possible end to over-hiring during Covid.
  • However, sustainability remains uncertain. Nonetheless, this trend signifies a potential turnaround for the IT industry amid macroeconomic challenges.

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