Increasing IoT Adoption To Axe Nearly 1 Lakh Jobs
Ever since the adoption of IoT devices has increased in managing workforce and connectivity, as many as 94,000 jobs are expected to freeze in India by 2021, says Zinnov in a report. “Internet-of-things technology will impact 120,000 jobs in the country by 2021. 94,000 jobs will be eliminated, and 25,000 jobs will be created in the five-year period,” Hardik Tiwari, engagement lead at Zinnov, according to ET report. Since everything falls under the graph of upward and downward direction, thus the increasing adoption of Internet of Things (IoT) will impact jobs...