How has the job market been in 2022 and how do you expect it to perform in 2023?
Though there was constant talk about a downtrend by industry pundits, there wasn't much intensity. From our reading based on the hiring of freshers in the 90+ colleges we have partnered with, I would say only around 10 per cent were affected. Many companies honoured their offer letters and only a few retracted them. Among those, some did not mention the downturn directly, instead tightening their strings when it comes to students passing exams. So overall, the 2022 market has been favourable in spite of the negativity surrounding it. As far as 2023 is concerned, we are expecting some impact as a result of the global meltdown.
This story is from the January 16, 2023 edition of Dalal Street Investment Journal.
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This story is from the January 16, 2023 edition of Dalal Street Investment Journal.
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