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IT Unemployment Hits 4-Year High as Sector Shifts to AI-Driven Roles
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IT Unemployment Hits 4-Year High as Sector Shifts to AI-Driven Roles
India’s IT industry is facing its toughest employment phase in four years, with the unemployment rate rising to 7.2% by October 2025, according to data from Instahyre. The net employment growth stood at just 1.8%, reflecting the ongoing slowdown in hiring across tech companies. Most firms, particularly mid-sized ones like Coforge, Hexaware, and Mphasis, have reduced headcounts, citing deal pipeline slowdowns and margin pressures. While the secto…
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