<p>Awign Expert, a branch of the work-as-a-service platform Awign, stated that it has seen a 78% increase in the involvement of high-skilled individuals in the gig economy for contract-based employment with the background of cost-cutting and layoffs. According to the report, during the first two quarters of 2023, the demand for high-skilled gig workers increased by a brisk 157%.</p>
<p>Awign emphasized that the gig economy has emerged as a crucial alternative to help organizations that are bearing the burden of cost optimization vary their fixed expenses while working with a highly-skilled workforce on a project or milestone basis. Surprising data from Layoffs.fyi shows that 1058 tech businesses alone lay off 1,64,709 workers in 2022, while 800 tech organizations worldwide laid off more than 2 lakh workers.<img decoding=”async” class=”alignnone wp-image-85908″ src=”https://www.theindiaprint.com/wp-content/uploads/2023/07/www.theindiaprint.com-us-north-carolina-tornado-damages-pfizer-plant-affecting-medication-production-download-2023-07-20t143413.021.jpg” alt=”” width=”1398″ height=”1047″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2023/07/www.theindiaprint.com-us-north-carolina-tornado-damages-pfizer-plant-affecting-medication-production-download-2023-07-20t143413.021.jpg 259w, https://www.theindiaprint.com/wp-content/uploads/2023/07/www.theindiaprint.com-us-north-carolina-tornado-damages-pfizer-plant-affecting-medication-production-download-2023-07-20t143413.021-150×112.jpg 150w” sizes=”(max-width: 1398px) 100vw, 1398px” /></p>
<p>The bulk of the demand, according to the site, is for high-skill experts in tech jobs with 2 to 7 years of experience in mid-level and senior positions.</p>
<p>Best Skills</p>
<p>IT companies have been actively seeking candidates with technical skills in areas like Java, Python, React, Vue, Angular, Data Science, Full-Stack Development, Machine Learning, Microservices, C, C Sharp, PHP, Dot Net, and Laravel.</p>
<p>Co-founder and CEO of Awign Annanya Sarthak said, “We are observing a boom in high-skilled gig workers’ engagement in the gig economy amid the present environment of cost-cutting, company optimization, and layoffs. The benefits of using this talent pool of highly qualified people available on demand, which results in cost savings and operational efficiency, are recognized by businesses. Through the use of high-skilled gig workers across sectors, our platform allows companies to redefine work dynamics and provide rewarding possibilities during these trying times.</p>
<p>In India, there has been an increase in the number of high-skill gig workers, with Tier 1 cities like Bengaluru, Mumbai, and Hyderabad accounting for about 50% of the total. The remaining 15% of these experts are from Tier 3 cities like Raipur and Vijaywada, while 35% are from Tier 2 cities like Coimbatore, Nashik, and Mysore.</p>
<p>High-skill gig workers from nations including the US, Canada, the UAE, and SEA are participating in Awign Expert due to the fragile nature of the global economy, the platform added.</p>
<p>Businesses struggling with rising expenses and the need for employee flexibility might find solace in the gig economy. Businesses may successfully control their expenditures by eliminating the fixed costs associated with full-time staff by using gig workers.</p>
<p>Gig workers who are laid off might also discover new employment options in the gig economy. They may use their knowledge and abilities to get gig-based jobs, retaining their income and advancing their careers.</p>
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