AI Resumes Flood: CVs Decline, India Hiring Slows

AI-generated resumes are making traditional CVs less effective. Recruiters now prioritize soft skills as the global job market, especially India’s manufacturing sector, experiences a slowdown.

AI Overload Reshapes Hiring

The rise of AI-generated resumes is fundamentally altering global hiring, with CVs losing their traditional selling power. Recruitment firms now demand deeper insights beyond the CV, impacting job markets, especially in India.

Key Shifts in the Job Market

Michael Page CEO Nicholas Kirk highlights that AI tools make CVs appear uniform, eroding their effectiveness as a unique selling point.
Recruiters are now intensifying focus on candidates’ soft skills, experience, behavior, and values, requiring more in-depth interviews.
A global job market slowdown, partly influenced by geopolitical conflicts, is also impacting hiring activity.
Some companies are citing AI as a reason for layoffs, even when underlying business performance and cost efficiency are the primary drivers.

India’s Manufacturing Sector Impacted

The slowdown is particularly pronounced in India, especially within the manufacturing sector. Hiring processes have decelerated significantly, and many senior-level positions are currently on hold as companies await greater market clarity.