Title: "Bridging the Skills Gap: TCS Struggles to Fill 80,000 Jobs Amid Unemployment Crisis"
At a time when Indian youngsters are complaining about unemployment, Tata Consultancy Services (TCS), the tech unit of Tata Group, is struggling to hire people due to a significant skill gap.
TCS has 80,000 open job positions but is finding it challenging to fill them, the Times of India (TOI) reported, citing Amar Shetye, the global operations head of TCS's Resource Management Group (RMG).
We are facing a paradox where young job seekers struggle to find employment, and corporations struggle to find skilled candidates. The key reasons for this situation are:
Skills Gap: There's a mismatch between the skills job seekers possess and what employers need. Rapidly evolving technology and industry standards often leave workers' skills outdated, while education systems lag in providing necessary training.
Specialized Roles: Many modern jobs require highly specialized knowledge, certifications, or advanced degrees that many job seekers lack.
Changing Job Market: Automation and AI are transforming job requirements, making some traditional roles obsolete and creating new ones for which workers aren't yet trained.
Training: vocational training programs often don't keep pace with industry needs, resulting in graduates lacking relevant skills for the current job market.
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