Startups, e-commerce companies may give fresh faces a miss this year

Startups and ecommerce companies in India are expected to reduce their campus hiring for the Class of 2024 due to a lack of visibility caused by funding challenges and cost-cutting measures. A survey conducted by Ciel HR Services revealed that campus hiring by startups in 2023 is likely to decline by 35%. While companies in sectors such as direct-to-consumer, electric vehicles, logistics, and product will still recruit from campuses, the focus will be on candidates with specialized skills from Tier-1 and Tier-2 colleges.