Trends shaping the future of jobs amid layoffs

Despite confusion surrounding market conditions, layoffs, and AI impact, some Indian companies are hiring judiciously. Ernst and Young's "Future of Pay" report identified positive hiring sectors including cement, steel, auto components, renewable energy, and healthcare. A TeamLease Digital report for Q2 2023 found increased hiring intent in telecom, financial services, e-commerce, healthcare, pharma, FMCG, and infrastructure.