AI reshapes India’s workforce as multinationals cut hiring by up to 50%
AI is significantly transforming India's workforce as multinational companies reduce hiring by up to 50%. This shift is driven by increased automation and a mismatch between existing skills and new job requirements. While new opportunities in AI-related fields are emerging, the traditional mass-recruitment model is becoming less viable.
- ▪Multinational companies in India are cutting hiring plans by 30-50%.
- ▪India's top five IT services firms added only 17 net employees in the first nine months of fiscal year 2026, compared to 18,000 in the same period the previous year.
- ▪The shift is attributed to weakened client spending and AI-powered productivity gains.
Opening excerpt (first ~120 words) tap to expand
AI reshapes India’s workforce as multinationals cut hiring by up to 50% India's global capability centers and top IT firms are slashing headcount targets as automation replaces entry-level recruitment with demand for specialized skills. Share Add us on Google by Editorial Team May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); India’s tech workforce, long the backbone of global outsourcing, is running headfirst into the AI…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.