Telecom industry aims to hire staff laid off by Big Tech firms
Karma Global has clearly defined its role and approach towards Talent Acquisition and Recruitment as one of the vital vertical organs of the Organisation besides other business verticals talent strategy and advancing its technological capabilities, in its endeavor to work at the global level.
In this respect, it can be said that Karma Management Global Consulting Solutions Pvt Ltd has also branched out in countries like Canada, the U.K., the U.S.A., UAE, Philippines, and is currently looking at Australia, where it is offering a plethora of services in recruitment, outsourcing, and payroll. Therefore, our services are not limited to India alone, but we are now supporting global international clients as well.
If Karma Global is seeing a greater performance in Organizations where talent has been acquired and deployed, it is only because of its sound and systematic approach toward acquiring talent for global clients.
Karma Global’s internal team is committed to seeing better Organizations’ performance by placing talented candidates to outperform competitive market conditions, by searching, finding, hiring, and retaining the best talent available, and this is happening only because of recruiting talented individuals as a consequence of adopting well planned, structured series of actions.
Many agencies look to recruitment as filling up jobs or filling up vacant positions but our Talent Acquisition Team at Karma Global, takes up each position, clearly focusing on career planning and retention. This helps to reduce candidates looking at the change in jobs after a while when saturation sets in. Karma’s team starts the process with a well-laid-out career plan and how the candidates will fit in, right from the beginning up to a 3 to a 5-year career plan.
It is true that filling up open positions with top talent is a difficult process altogether but we, at Karma Global, have evolved a technological process that will move them up onto the Organization’s ladder exactly as per the career plan done initially.
One also has to carefully distinguish between entry-level skills and mid-level skills as the same parameters cannot apply to all. Karma Global attracts a lot of top talent and at the same time, it makes a careful difference between the skills and competencies that are required at different stages of a candidate’s growth.
Two aspects come up in this kind of scenario – to find someone who can fulfill the organization’s current needs and find candidates who can fulfill the organization’s current and future needs.
Karma Global is always seized with the task of finding candidates who can fulfill the organization’s current needs as long as the candidates demonstrate their ability to meet the currently-defined need.
However, from the talent acquisition standpoint, it puts a lot of effort to hire candidates by grooming them for bigger and better roles within the organization.
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Telecom industry aims to hire staff laid off by Big Tech firms
The Indian telecom eco-system might soak up to 30% of the workforce laid off on the big tech firms and those who selected to return to India. These embody workers throughout technical and repair profiles, say, staffing consultants.
Companies like META, Amazon, TWITTER, Microsoft, and Stripe amongst many others have laid off workers and rationalized their worker base. According to estimates by a staffing agency, over 62,000 workers have acquired the pink slip in 2022, together with layoffs introduced by AMAZON over the previous week.
Rough estimates by staffing firms say that of the full laid-off workers, around 4000 could be Indians in India, or Indians working within the US on work visas.
While workers at tech firms are going through headwinds in mild of the pink slips being dealt out, the Indian telecom eco-system has elevated its hiring over the previous few quarters in mild of the 5G rollout.
“There has been a 15-20% quarter-on-quarter rise in demand for technology talent by the telecom and the allied sectors. Role-based niche open positions are getting filled owing to the 5G rollout in the country. As we move ahead, we can expect improvements in the demand-supply gap in the telecom sector,” mentioned in a report of the staffing agency.
This consists of each telecom service supplier and non-telecom service supplier who’re on the lookout for expertise with an area of interest expertise. Operators are wanting to roll out new companies, options, and choices around 5G for which they want to have a robust pool of tech groups. OEMs are additionally vying for tech expertise as they’re additionally beefing up their merchandise.
The report further added that apparently there may be a rising demand for telecom expertise in non-telecom sectors like healthcare, retail, manufacturing, and auto and as such have additionally been hiring tech expertise to strengthen the service capabilities around 5G.
Given the hiring impetus that the telecom sector is seeing, one would anticipate it to soak up a majority of the workers laid off. However, there may be solely a lot of talent overlap between the workforce being laid off, and the requirement on the telecom corporations say, consultants.
However, a report said that a service-based group’s duties and duties are basically completely different from these of a product-based firm, as are the abilities wanted by each, the telecom corporations might have restricted the urge for food to hire from the laid of labor power.
A capability to remedy advanced system design challenges, robust analytical talents, backend programming, Data Structures & Algorithms, and challenge administration is mandatory for a product-based company like Meta, Twitter, or Amazon.
On the opposite hand, 5G requires totally completely different talent units. 5G service suppliers are hiring Radio Frequency (RF) System architects, electrical engineers, and community engineers as a result of they have the required {qualifications}, together with a radical understanding of community and radio architectures, information of the Open radio Access Network (ORAN), the Internet of Things (IoT), and AI/ML.
“As instance, Amazon is cutting jobs in its retail sector, home automation division, and recruitment division. Twitter is terminating its marketing and contractual personnel. While 5G businesses are now stepping up their recruiting for development jobs, marketing, sales, and non-tech roles have not changed,”
Another staffing agency reported that those affected by this wave of tech layoffs are generationally completely different from their predecessors and could also be higher outfitted to cope with the scenario. This opens up avenues for them again dwelling, if they had migrated overseas (primarily the US) for the needs of the job.
“Unlike the earlier generations, the employees today do not move to a new country with the aim to settle there. They are constantly in search of a better, more fulfilling job. In the case of tech profiles, they also constantly update their certifications and as such, are viable hires even in India,”