India’s oil & gas industry registered a 19.2% drop in IT hiring activity in October 2022 when compared with the previous month, according to GlobalData’s Job Analytics database.
The industry’s overall hiring is decreased by 28.71% in October 2022 when compared with September 2022.
Out of the oil & gas industry’s total hiring activity, IT jobs claimed a 13.98% share in October 2022, recording a decrease of 1.74% over the last three-month average share.
Top five job classifications in India’s oil & gas industry’s IT recruitment activity in October 2022
Out of the total job titles, the top five roles commanded a 99.51% share in the overall IT recruitment activity of India’s oil & gas industry in October 2022.
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1) Software and Web Developers, Programmers, and Testers recorded a share of 63.95% in October 2022, registering a 23.37% decline over the previous month.
2) Database and Network Administrators and Architects claimed a 15.56% share, a decrease of 59.62% over the previous month.
3) Computer and Information Analysts held a share of 10.62%, registering a 34.85% decline from September 2022.
4) Miscellaneous Computer Occupations captured a share of 7.9%, down 50.77% over the previous month.
Top five oil & gas companies in India’s IT recruitment activity in October 2022
The top five companies, in terms of number of jobs as tracked by GlobalData, have accounted for a combined average decline of 35.67% share in the overall IT recruitment activity of India’s oil & gas industry during October 2022 over September 2022.
Reliance Industries posted 174 IT jobs in October 2022 and registered a drop of 9.38% over the previous month, followed by PI Industries with 66 jobs and a 20.48% drop. Baker Hughes with 37 IT jobs and Yara International with 24 jobs, recorded a 9.76% decline and a flat growth, respectively, while Shell recorded a decline of 87.42% with 20 job postings during October 2022.
Junior Level job postings dominate in October 2022
Junior Level jobs held a share of 49.88%, down by 48.07% from September 2022. Mid Level positions with a 33.33% share, registered a decline of 38.91% compared with the previous month.
In the third place was Entry Level job ads with a 16.79% share, up 54.55% over September 2022.