Ai Replacing Jobs

In July, Tata Consultancy Services — one of India’s largest IT firms — shocked the market by laying off over 12,000 employees in response to skill mismatches in an evolving AI landscape. While the gender breakdown of those job cuts remains unknown, a recent United Nations report warns that women globally face disproportionately higher risk from AI and automation: 28 % of women’s jobs are considered vulnerable, compared with 21 % of men’s. In India, where women are already underrepresented in tech and higher-skilled roles, the AI transition could exacerbate existing inequalities. The question is: can India act to narrow the gap, or will women bear more of the fallout — much like in the pandemic years?

42% of Indian employees likely to change jobs in 2024 for better salaries: PwC report

Around 70 percent of Indian participants compared to 35 percent of their global counterpart are willing to ask for a promotion, the report said

Gen AI will reduce 46% of time spent on accounting tasks by 2032

Many administrative roles contain repetitive tasks – such as scheduling appointments or answering and directing calls - that can be easily replicated by generative AI, the Pearson’s Skills Outlook report said.

74% Indian workers worried about AI replacing them: Microsoft report

Indian managers are 1.6x more likely to say that AI would provide value in the workplace by boosting productivity rather than cutting headcount.