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Corporate India is expected to scale back hiring plans in the July-September quarter of this year, signaling a slowdown in hiring momentum, as employers are likely to opt for a more measured approach to hiring amid rising geopolitical challenges, a survey said on Tuesday. According to ManpowerGroup's latest Employment Outlook Survey, the Net Employment Outlook (NEO) for Q3 2026 stood at 48 per cent, down 20 points from the previous quarter but stronger by 6 points since Q3 2025. The Net Employment Outlook (NEO) is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity. In the survey of more than 3,100 employers across India conducted from April 1 to 30, 2026, employers cited economic uncertainty, above AI, as the key driver of hiring uncertainty. "India's Q3 2026 hiring outlook remains the strongest globally, with a Net Employment Outlook of 48 per cent,
India is poised to become a global AI talent hub, but a looming skill gap threatens to hinder its progress, with a new study by Bain & Company revealing that the country's AI sector could face a shortfall of over a million skilled professionals by 2027. The report highlighted the urgent need for India to reskill and upskill its workforce to meet the growing demand for AI expertise. "India has a unique opportunity to position itself as a global AI talent hub. However, by 2027, the job openings in AI are expected to be 1.52x of the talent availability. The challenge -- and opportunity -- lies in reskilling and upskilling a significant portion of the existing talent base on emerging technology tools and skillsets," said Saikat Banerjee, Partner and leader in Bain & Company's AI, Insights, and Solutions practice in India. India's AI sector could surpass 2.3 million job openings by 2027 while the AI talent pool is expected to grow to around 1.2 million, presenting an opportunity to
The Lateral and Final Placements for the PGP and PGPBA Class of 2020-22 of the Indian Institute of Management Bangalore (IIMB) saw 662 offers, leading to all 513 students who appeared for placements being placed. Harsh Agrawal, Placement Representative, said: "Overall, there has been a 37 per cent increase in the number of offers YoY, driven primarily by Consulting and Product Management roles. Strategy Consulting continued to be the most sought-after role among the students, followed by Product Management and Finance. Consulting companies made 248 offers led by Accenture with 51 offers, followed by Boston Consulting Group with 30 offers, an IIMB statement said on Wednesday. Top recruiters included Kearney (27), Bain & Company (26) and McKinsey & Company (22). Prominent recruiters in the Information Technology and Product Management domain, who made 141 offers, are Microsoft (15) and OYO (11). The 65 offers made in the E-commerce space included Amazon (37) and Paytm ...