To all those who have lost their jobs due to the Corona Virus initiated lockdown imposed by governments across the world, here’s a news piece to rejoice.
American technology giant Microsoft led by Satya Nadella is all set to train nearly 25 million job losers with new skills by the end of 2020- all as a part of its skill and up-skill talent nurturing program.
It is a known fact that many people in this technology-filled world are anticipated to lose jobs, due to the ongoing pandemic as more companies are looking to tackle the lockdown trend with automation, to get rid of manual labor.
So, analysts watching the job market closely predict that nearly 400,000 workers are set to lose their jobs in the next three months as the companies around the world will try their best to recover from the economic crisis by cutting down spend on employees through various means.
This is where Microsoft in association with LinkedIn and GitHub are planning to train nearly 25 million people with new skills to cut down the unemployment graph predicted to surge by this year’s end.
“We create more technology so that others can make more technology”, said Mr. Nadella. As more jobs will go digital by 2025, we plan to tap the market with new skills- all as a part of the job creation initiative added the Microsoft CEO.
LinkedIn will be helping Microsoft to identify the top 10 jobs and skills across the globe by researching the next couple of weeks by allowing its 690 million users to participate and share their thoughts in this regard.
Microsoft will then offer content meant to build digital and soft skills for free to employees working in the IT, AI, and Cybersecurity field which in turn will help them up-skill themselves and make them eligible for more job openings.
Note- From the past 6 years, companies have been investing less in the training of their employees as a part of cost-cutting initiative. So, the Redmond giant’s job recreation program will help employees rebuild their skills as per the market demand.