Despite layoffs, start-ups and IT firms draw job seekers: LinkedIn survey

Flipkart beats Amazon again, remains the most attractive company among Indian jobseekers

Despite thousands of layoffs by start-ups and infornmation technology firms in recent times, these companies remain the most sought-after workplaces in India, shows a study by professional social network LinkedIn.
 

The top two spots in the list continue to be held by Flipkart and Amazon, respectively, for a second straight year. The list of 25 top companies in India also saw other tech companies like One97 Communications (4), Tech Mahindra (14), Swiggy (15), IDFC Bank (17), Vodafone (20), Grofers (22), McKinsey & Company (24) and Oracle (25). Among the companies making upward movements are Ola from last year’s 10 to 5, OYO Rooms from 16 to 9, and Cisco from 24 to 16. 

One of India's largest companies, Reliance Industries, jumped 13 places to find the tenth spot on the list, whereas Vodafone was the only telecom company on the list.    

The list of top 25 companies is computed with a combination of LinkedIn data, including reach, engagement, job interest, retention, and an editorial lens. It's based on the actions of job seekers and professionals with editorial oversight, highlighting the companies most in demand.

Inclination towards homegrown companies, which offer new possibilities and opportunities for talent within the country, are increasingly being considered by job seekers, said the report. From leading tech multinationals to start-ups, 13 homegrown companies found place in the list including HCL Technologies (6), and Wipro (18). The list also saw six start-ups making it to the top 25.

“India Inc is thriving, backed by an increasing business friendly sentiment and a positive economic trajectory. Understanding the pulse of a younger employee base, enterprises in India are working to build an ethos that drives performance and also delivers a rich workplace experience. We analysed India's most attractive employers to understand how their culture and growth opportunities appeal to Indian professionals and interestingly, home grown companies are leading the list.” said Irfan Abdulla, Director Talent Solutions & Learning Solutions, LinkedIn India.

Last year, the Indian start-up industry also saw many ups and downs throughout the year. India’s largest e-commerce firm, Flipkart, made headlines for their continuous markdowns in valuation by Morgan Stanley (Click here) and top level management quitting the company (Click here).

And now, the Indian Information Technology sector has been beset by layoffs. Business Standard had reported last week, that sector is seeing a spate of layoffs by IT majors like Tech Mahindra, Wipro, Infosys and Cognizant. 
 

Last year, Flipkart was rated as the number one company where people wanted to work. It was also one of the first companies to offer six months of maternity leave and sabbatical option. 

 

1	Flipkart	13	Deloitte India
2	Amazon	14	Tech Mahindra
3	KPMG India	15	Swiggy
4	One97 Communications	16	Cisco
5	Ola	17	IDFC Bank
6	HCL Technologies	18	Wipro
7	Adobe	19	Tata Communications
8	Alphabet	20	Vodafone
9	OYO Rooms	21	Cognizant
10	Reliance Industries	22	Grofers
11	Capgemini	23	MakeMyTrip.com
12	Accenture	24	McKinsey & Company
		25	Oracle