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High-tech skills a buffer from cuts

Human Resource News

High-tech skills a buffer from cuts
Job MarketSkilled Worker ShortageAI Industry Growth

PARIS, May 26 (Reuters) - ⁠World number one Jannik Sinner started his campaign for a maiden ⁠French Open title in merciless fashion, beating Frenchman Clement Tabur 6-1 ‌6-3 6-4 to reach the second round on Tuesday.

PETALING JAYA: The high-tech and digital sectors continue to see robust hiring despite a cautious economic outlook and the recent increase in job losses, say human resource s experts.

The figures, they said, are not a reflection of a weak job market but instead reveal a growing need for skilled workers as the nation moves away from traditional sectors. CnetG Asia and Kestria mana­ging partner Raj Kumar Paramanathan said traditional sectors such as manufacturing and retail are seeing layoffs, while technology-driven industries continue to hire actively.

“Companies in AI, data analy­tics and digital infrastructure are facing a real shortage of talent,” he said yesterday. He noted that some employers are struggling to fill roles in data science, AI development, cybersecurity and digital marketing due to the limited availability of specialised talent.

“Many job seekers have traditional qualifications but do not have the technical skills emplo­yers want most now. ” He added that companies are now placing greater emphasis on practical experience, adaptability and problem-solving skills.

“Companies now care more about practical experience and the ability to adapt to new challenges,” he said. It was recently reported that 7,057 workers lost their jobs in April, up from 5,855 in March, though still below January’s 10,658. In its latest report, the Social Security Organisation said manufacturing remains the hardest-hit sector, accounting for more than a quarter of total job losses in April, followed by wholesale and retail trade as well as vehicle repair services.

Meanwhile, Meca Employers Consulting Agency chief executive officer Dharmen Sivalingam said investments in data centres, AI and semiconductors are already creating hiring demand. Dharmen added that digital capabilities are increasingly becoming necessary even outside traditional technology jobs. Dharmen said workers in areas such as sales, finance, marketing, operations and administration are increasingly expected to use AI tools. He advised workers and graduates to build practical digital capabilities early while gaining hands-on exposure through internships and project work.

Tunku Abdul Rahman University of Management and Technology economist Prof Dr Foo Lee Peng said the latest job loss figures should be viewed with moderation.

“Some firms are reducing headcount due to cost pressures, automation, supply-chain disruptions or softer demand,” she said.

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Job Market Skilled Worker Shortage AI Industry Growth Digital Infrastructure Demand Retrenchment Statistics Practical Experience Emphasis Talent Shortage Areas Cloud And Network Engineers Needed Digital Skills Necessity Sectoral Mismatch

 

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