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AI-led hiring slowdown is temporary; jobs demand to surge in 3-5 years: Infosys cofounder Gopalakrishnan

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AI-led hiring slowdown is temporary; jobs demand to surge in 3-5 years: Infosys cofounder Gopalakrishnan

Business News Tech AI AI-led hiring slowdown is temporary; jobs demand to surge in 3-5 years: Infosys cofounder Gopalakrishnan

AI-led hiring slowdown is temporary; jobs demand to surge in 3-5 years: Infosys cofounder Gopalakrishnan

His comments come as widespread layoffs occur across large tech companies including Qualcomm, Oracle, Microsoft and Amazon, triggering fears of large-scale job losses also in software services, which has been India’s largest employment-creating sector over the past two decades.

Bengaluru: The current slowdown in hiring at technology services companies is a temporary consequence of the industry’s transition towards artificial intelligence-led offerings, Infosys cofounder S ‘Kris’ Gopalakrishnan said. He predicted a sharp increase in demand for AI-skilled talent over the next three to five years.“Recruitment will be affected for probably one or two years because this transition is happening. Companies are trying to

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