How bad is the job market? THIS Tech startup CEO gives insight

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How bad is the job market? THIS Tech startup CEO gives insight


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A Bengaluru-based tech startup founder and CEO took to Twitter to precise his shock and surprise after receiving over 3,000 resumes in 48 hours for job postings on the firm’s web site.

“Received over 3K resumes in the last 48 hours just on our website — how bad is the job market?” tweeted Springworks CEO Kartik Mandaville.

The CEO additionally said that the job postings weren’t promoted on any platform and that every one data was solely accessible on the firm’s web site.

Asked by a person the place he has been selling the jobs, the CEO replied, “Nowhere as of now. That’s why I’m surprised”. Another person requested whether or not “it is usual or anything different in the past 48 hours?”, Mandaville stated: “It’s been like this for the month, 12,500+ applications so far”.

On visiting the web site, it revealed job openings for “permanently remote” positions in product, founders workplace, and software program improvement engineer, amongst different areas.

Reacting to the put up, a person commented, “Unemployment is at peak, young people are desperate for jobs even if it has nothing to do with what they learnt in college. And this frustration will cause civil unrest or mass protest by youth”.

“It’s very bad due to current layoffs in tech and AI being heavily used. There should be some protocol regarding this. So companies can’t lay off employee as they wish,” one other person stated.

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