Now Reading: IT-BPM hiring to fall 26% in H1 FY27: report
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IT-BPM hiring to fall 26% in H1 FY27: report
India's IT-BPM sector will add fewer than 70,000 net workers in the first half of FY27, more than 26% lower than the 95,000 added a year earlier, according to HAN Digital's report…
The Story in Brief
India's IT-BPM sector will add fewer than 70,000 net workers in the first half of FY27, more than 26% lower than the 95,000 added a year earlier, according to HAN Digital's report shared with ET. The 5.95-million-strong industry is shifting to AI-driven productivity, leaner models and flexible staffing. IT services firms are expected to add 22,000-25,000 people, down from 35,000. Global capability centres, the strongest growth driver, will add 30,000-32,000 against 45,000 last year. BPOs and startups will add 8,000-10,000, down from 15,000. The West Asia crisis and macroeconomic uncertainty are also dampening hiring.
The Indian Opinion
The narrative that AI will quickly create new jobs in IT sits uneasily with these numbers. Companies are replacing fewer than 60% of roles lost by junior attrition and demanding production-ready skills from freshers. This is not a cyclical dip but a structural reset: human headcount is being measured against machine output. Whether the second half of FY27 adds even the estimated 40,000-50,000 workers will tell us if this is a permanent shrink or just a painful transition.
Source: hr.economictimes.indiatimes.com
This story was synthesised by AI from the source linked above.
