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🛑Hiring demand dropped by 18–20% in the IT industry
➡️ Indian IT companies are becoming very cautious about hiring new employees due to the global situation, especially the tariff war led by the US.
Unlike the US, Indian IT companies are not doing mass layoffs for now. Instead, they are cutting back on bulk hiring and reviewing every hiring decision carefully.
➡️ Hiring demand has dropped 18–20% between January and March 2025 compared to the previous quarter. Also, the number of open roles in IT companies has dropped from 80,000 in February to just 55,000 now.
➡️ This is not only the case in big IT companies, but startups are also cutting back on hiring due to the uncertainty in the market
➡️ Indian IT companies are becoming very cautious about hiring new employees due to the global situation, especially the tariff war led by the US.
Unlike the US, Indian IT companies are not doing mass layoffs for now. Instead, they are cutting back on bulk hiring and reviewing every hiring decision carefully.
➡️ Hiring demand has dropped 18–20% between January and March 2025 compared to the previous quarter. Also, the number of open roles in IT companies has dropped from 80,000 in February to just 55,000 now.
➡️ This is not only the case in big IT companies, but startups are also cutting back on hiring due to the uncertainty in the market
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