IT job vacancies slump 60% in January; Silicon Valley investor Tim Draper on Indian startups
The IT and tech job market is under stress. As the year started with large scale layoffs globally, and in India, Information Technology ( IT) companies are turning cautious about hiring new employees. The number of active job vacancies in India’s IT sector dropped by a record 60% year on year this month. Details in today’s edition of the ETtech Morning Dispatch.Also in this letter:■ IT companies face new challenges while hiring candidates■ Zoho India unit profit rises 43% to Rs 2,748.83 crore■ ETtech Done Deals Active…