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Investors are optimistic about 2024

Welcome back, and welcome to 2024! We’re starting the year off on a high note: After a mediocre 2023, investors are optimistic about exit activity picking back up in 2024. Some think M&A activity will skyrocket, while others think we will see the IPO market bounce back. Full TechCrunch+ articles are only available to members.Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. But the biggest question on our minds: When will we start seeing all this activity?…

Climate tech might be the hot job market in 2024

One of the major stories that defined the tech sector in 2023 was layoffs. Companies large and small shed over 240,000 jobs in the last year, and while the trend has cooled of late, it hasn’t stopped, with nearly 7,000 jobs cut in November alone. But there have been bright spots. Climate tech is one sector that has been hiring, and 2024 looks like it will be continuing the trend. Clean energy jobs have grown 10% in the past two years, outpacing the economy as a whole, according to a report by…

How layoffs reordered Indian startups this year, and other top tech stories this week

Programming note: ETtech’s Unwrapped will be off next Saturday. Wishing you all a happy holiday season. Thanks for reading us. Stay tuned to ETtech.com for all the news and updates.Hi, this is Pranav Mukul in New Delhi.At the end of last year, ETtech’s State of Startup Survey 2022, a survey of the most influential founders and investors, churned out a clear message—conserve cash, cut burn and turn profitable. Two-thirds of the respondents last year predicted that Indian startups will lay off employees in big numbers. And…

Demand for AI jobs up 11% in India amid talent scarcity

The demand for artificial intelligence (AI) talent has grown 11 per cent in India over the last six months, driven by job demands in sectors like IT, retail, telecom, BFSI and advertising/market research sectors, a report showed on Monday.The Indian job market will witness a 22 per cent churn over the next five years with top emerging roles coming from AI, machine learning, and data segments, according to the report by foundit (previously Monster India & APAC).When it comes to AI-driven jobs, the IT sector is leading…

AI in the workplace is already here. The first battleground? Call centers

“I got this road map in my head of what it looks like when you’re delivering world-class customer service—what triggers people, what makes people trust you," Mr. Bragg said. “It’s like when da Vinci was painting." Mr. Bragg is one of the top-performing sales agents for HomeServe USA Corp., a home-repair service company that sells plumbing, heating, cooling and electrical repair plans to about five million customers in North America. For 11 of the past 12 months, working…

Layoff: Uncertainty, layoff fears raise tech pros’ stress, anxiety levels

At a time when companies like Microsoft, Google, Amazon and IBM are announcing job cuts, work expectations from the employees, especially those in IT and startup domains, are rising and so are the workload and associated stress and anxiety levels.Fatigue due to overworking, anxiety of getting laid off, worry about performance, pressure to perform, and overall career concerns in a tepid job market are a few of the stress triggers prevalent now across India Inc employees that rose significantly over the last month or so,…