IT hiring slowdown hits India |
India's IT sector is facing a hiring slowdown, particularly in legacy technology roles, due to global economic uncertainties and increased US tariffs. A report from Teamlease indicates a 10% drop in overall hiring in the outsourcing sector from July to August. While demand for legacy tech jobs has decreased by 2%–3%, roles in artificial intelligence (AI), machine learning (ML), cloud, data, and cybersecurity remain robust. Neeti Sharma, chief executive of Teamlease Digital, said: "Companies are hiring in higher numbers for skills in cloud, data, cybersecurity and AI/ML coding." The September quarter is expected to be weaker than anticipated. |
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