Google and Microsoft are doing layoffs, LinkedIn’s shocking report came here

Google and Microsoft are doing layoffs, LinkedIn's shocking report came here
Aditya Chaudhary

LinkedIn Latest Report on Jobs in India 2023: A period of great upheaval is going on all over the world. The pace of economic growth has slowed down in almost all the countries. Layoffs have started in big companies like Google and Microsoft in view of the sound of economic slow down. Meanwhile, a report has come from the world’s largest professional network LinkedIn, which is telling a different story. It has been said in this report that in the midst of increasing economic uncertainty, 80 percent are looking for new jobs in India.

Yes, four out of five Indian professionals are considering changing jobs this year. They are particularly interested in positions that offer significant work-life balance and flexibility along with good pay. According to the ‘Economic Graph’ data of the professional social network service ‘LinkedIn’, compared to December 2021, the hiring level in India slowed down by 23 percent in the last month i.e. December 2022. According to the LinkedIn report, this year four out of five i.e. 80 percent professionals in the country are thinking of changing jobs.

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Consumer research studied 2,007 employees aged 18 or older between November 30, 2022 and December 2, 2022. According to the report, 88 percent of professionals in the age group of 18-24 are considering a job change, compared to 64 percent in the age group of 45-54.

The Indian workforce is increasingly trusting in their abilities to move forward despite challenging economic conditions, said Neerjita Banerjee, LinkedIn Career Expert and Editorial Head, LinkedIn India. It’s clear that professionals have valued flexibility since the pandemic, and we can see it in their outlook for the year ahead. Banerjee further said that professionals are striving for the ideal role, where there is decent pay and work-life balance. (with language input)

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