5 Key Takeaways
- Global tech giants like Google and Meta are ramping up hiring in India, even as they cut jobs elsewhere.
- FAAMNG companies added over 28,000 jobs in India in the past year, with a strong focus on AI and cloud skills.
- Indian IT majors such as TCS and Infosys are slowing down recruitment, citing skill mismatches and shifting project needs.
- Demand is rising for specialized roles in AI, cybersecurity, and cloud, while hiring for traditional IT support roles is declining.
- India's position as a global innovation hub is strengthening, but accelerated skilling is needed to close the talent gap.
Why Global Tech Giants Are Hiring More in India While Indian IT Firms Slow Down
If you’re following the job market in India’s tech sector, you might have noticed something interesting: while big Indian IT companies like TCS, Infosys, and Wipro are slowing down on hiring, global tech giants such as Google, Meta (Facebook), Amazon, and Microsoft are actually ramping up recruitment in India. What’s behind this shift? Let’s break it down in simple terms.
Global Tech Companies Are Expanding in India
Over the past year, the group of companies known as FAAMNG (Facebook/Meta, Amazon, Apple, Microsoft, Netflix, and Google) have added more than 28,000 new jobs in India. Their total workforce in the country now stands at over 208,000 people—a 16% jump from last year. This is happening even though these same companies have cut nearly 100,000 jobs in the US and Europe.
Why is India bucking the trend? According to experts, India has become a crucial hub for tech talent, especially in fast-growing areas like artificial intelligence (AI) and cloud computing. There are still over 4,500 open positions at these companies in India, showing that the demand for specialized tech skills is strong.
Indian IT Firms Are Slowing Down
On the other hand, India’s own IT giants are facing a slowdown. After a hiring boom in 2022, companies like TCS, Infosys, and Wipro have seen their workforce growth shrink to just 1.3% this year. In fact, TCS recently announced it would cut 12,000 jobs at the mid and senior levels, mainly because the skills of some employees no longer match what’s needed for new projects.
The reason? The tech world is changing fast. There’s less need for traditional IT support roles and more demand for people who know AI, cybersecurity, and cloud technologies. Companies are now focusing on hiring only the most skilled, future-ready employees.
The Shift to New Skills
Most of the new hiring is happening in specialized digital roles, especially through what are called Global Capability Centres (GCCs). These are offices in India where global companies develop new AI tools, cloud platforms, and digital products.
Experts say that for Indian IT professionals, the key to staying relevant is to quickly learn new skills in these emerging areas. While traditional IT jobs may not be growing as fast, India’s reputation as a global innovation hub is only getting stronger.
In Short
If you’re looking to build a career in tech, now’s the time to focus on AI, cloud computing, and cybersecurity. The job market is changing, and those with the right skills will find plenty of opportunities—especially as global tech giants continue to invest in India.
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