The Year of the Snake to bring a balance in job market

Mumbai: The Chinese zodiac says 2025 will be the Year of the Snake--associated with flexibility, growth and change. “Our hiring outlook remains positive in the medium term, especially in high-demand skills such as AI/ML, data science/analytics, IoT, ESG, cloud and digital transformation, while we continue to have aggressive plans to hire in 2025 on the back of strong demand across all our business," said Reena Wahi, partner and head of people, performance and culture, KPMG in India. To be sure, demand for goods is likely to remain subdued next year as high inflation hurts real incomes, eroding consumer confidence, market research firm Kantar said in its outlook for 2025. The initial reports of campus placements in engineering colleges show a healthy appetite among public sector units, startups, and banking, financial services and insurance firms to recruit young graduates. IBM’s global ‘Cost of a data breach, 2024’ report said that employee personally identifiable information was a part of 40% of all breaches reported this year, which increased 10% over 2023.