Hfs Research says IT sector to lose 6.4lakhs jobs by 2021:
A US based Hfs research predicts that with the advent of automation, IT sector will lose 6.4lakh “low skilled” jobs.
Hfs research said that, Countries like India, Philippines, the US, the UK will lose 14 million jobs on IT industry worldwide due to the impact of automation.
The IT-BPO industry will mainly fall due to the influence of automation. Hfs research states that “low skilled” jobs will fall by 30% , “medium skilled” jobs will rise by 8% and “high skilled” jobs will increase by 56%.