3000 resumes in 48 hours: Bengaluru-based tech start-up founder expresses shock over poor job market

A technology start-up founder received close to 3000 resumes in just 48 hours of posting the job role online. The CEO of Springwork revealed that within just 48 hours of posting job openings on their website, the company received an overwhelming response of 3,000 resumes. Kartik Mandaville, the founder and CEO of Springworks, expressed his amazement at the situation and questioned the state of the job market. Notably, over thousands of people are out of jobs after many tech companies conducted layoffs across the country. Some of the popular tech companies that have laid off employees in recent times include Amazon, Meta, Google and Twitter among others.

When asked if this influx of resumes was unusual, Mandaville replied that the flood of applications had been ongoing for the entire month. In fact, the company had received over 12,500 applications so far. This tremendous interest in their job postings raised questions about the potential reasons behind it.

One Twitter user speculated that the high level of interest could be attributed to the fact that Springworks advertised "permanent remote" positions. It seemed that the inclusion of the word "remote" in the job listings was a major factor in attracting such a large number of applicants. This raised curiosity about how many applications they would receive if the roles were on-site instead.

A visit to the Springworks career website confirmed that all open positions in sales, marketing, operations, product, and tech were indeed labeled as "permanent remote." The company had made a decision on May 6, 2020, to embrace a remote-first approach for better work-life balance. Currently employing around 200 individuals, Springworks seemed committed to this remote work model.

Numerous Twitter users also joined the conversation, sharing their experiences and observations about the job market, particularly in the IT sector. One user recounted a personal incident where around 700 people showed up for just 20 positions during an IT company's walk-in interview in Delhi. This highlighted the intense competition and challenging circumstances faced by job seekers.

Several top IT companies in India have reduced their hiring activities due to uncertain demand in the near future, driven by concerns over a potential US recession. However, management at companies like TCS and Wipro have reassured that they are still witnessing significant deal momentum, giving hope for a recovery in growth later this year. Analysts also anticipate a sector rebound in the early part of next year, predicting a strong demand environment.

Overall, the surge in applications received by Springworks reflects the current dynamics of the job market, with remote work opportunities generating considerable interest. The situation highlights the challenges faced by job seekers, particularly in the IT sector, while also offering hope for future growth and recovery.