Automation May Axe 6.4 lakh Low-Skilled Jobs In IT By 2021
Enterprises are largely adopting automation for higher efficiency in the operations, however, it is feared that the technology might take away 6.4 lakh “low-skilled” jobs in the IT sector by 2021. According to US-based research firm, India’s IT services industry will lose 6.4 lakh “low-skilled” jobs to automation in the next five years. According to HfS Research, by 2021, IT industry in India and overseas will lose 9 percent headcount, or about 1.4 million jobs. The HfS report states “low-skilled” jobs will fall by 30 percent. However, the report said the...