While thousands of employees of big tech companies continue to remain worried about their future amid the layoffs, the online gaming industry in India, which is expected to reach $1.9 bn by 2024, could help reduce the burden.
The industry currently employs nearly 50,000 people, with programmers and developers accounting for 30% of the workforce.
According to a new report from staffing firm TeamLease Digital, the industry is expected to grow by 20-30% and create one lakh new direct and indirect jobs by the end of FY23. The report highlighted that these expected new job opportunities are expected to be available across all domains, including programming, testing, animation and design.
WILL THEY, WON’T THEY?
According to Soham Thacker, CEO and Founder of Gamerji, the pace of growth of this industry would help generate more jobs, but may not help the tech guys who have faced layoffs…