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GCC HEADCOUNT REDUCTION
Routine IT roles may feel the pinch as Oracle India workforce shrinks to 27,000The company has not publicly made any disclosures this month on job cuts until press time Tuesday. It slashed 21,000 jobs including about 1...- Finding right talent biggest challenge for GCCs eyeing workforce expansion: ReportTaggd is a digital recruitment and talent fulfilment company. The report is based on inputs from over 100 CHROs and talent acquisition lead...
- Global workforce layoffs now reach Indian shoresThe people said omnichannel retailer Walmart’s restructuring this May affected around 1,000 employees at Walmart Global Tech India, includi...
- 35,000 tech roles on the chopping block as AI takes the wheel at ITBetween 10,000 and 15,000 tech professionals faced so-called silent layoffs till May, according to staffing firm TeamLease, which projects ...
- US cybersecurity firm N-able opens India GCC, plans 50% local workforce expansion by end-2026N-able Inc, a US cybersecurity firm, will grow its Indian team by over 50 percent by 2026. The company opened a Global Capability Center in...
- Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
- India’s office vacancy drops to 13.85% in Q4FY26, lowest since pandemic amid strong leasing demandOffice vacancy in India's top cities has reached its lowest point since the pandemic. This is due to companies returning to offices and Glo...
- Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
- Indian GCCs set to add 1.2-1.4 lakh hands to their rolls this yearIndian GCCs are set to expand in 2026, adding tens of thousands of new jobs, even as AI-led automation may cut over 10,000 roles in predict...
- End of Q-Comm's 10-min era; Google meets SiriBlinkit drops “10-minute delivery” claim after labour ministry intervention. This and more in today's ETtech Top 5.
- How new-age cos fared on D-St; Flipkart gets nod to flip backHappy Tuesday! Public markets are drawing a clear line: execution and earnings now matter more than growth-at-all-costs narratives. This an...
- No layoffs at Infosys: India's second-largest IT company plans to hire more amid buzz over TCS job cutsTCS’s decision to lay off over 12,000 staff has sent ripples through India’s IT sector, raising fears of wider job losses. Infosys, however...
- Rapid GCC growth reshapes India's outsourcing industryMNCs, which are setting up these GCCs or expanding existing facilities, are also the top spenders of tech for the $280-billion listed India...
- India office realty market surges to record high net absorption in 2024India's office market reached new heights in 2024, achieving record net absorption and leasing volumes driven by tech sector recovery, BFSI...
- Global Capability Centres: Transforming India's job marketGlobal Capability Centres (GCCs) in India have evolved from back-office support roles to key players in the tech sector, now functioning as...
- GCC’s share in GDP to double by 2030 with a size of $100 billionThe share of global capability centres (GCCs) in India’s GDP is expected to double to 2% by 2030, according to a note shared by ICICI Secur...
- 23 going on 24: Making sense of a chaotic yet colourful year for India's tech sectorFrom 15.4 billion downloaded games to 138.08 crore people covered by Aadhar, India's tech sector had an eventful 2023. ET takes a look at t...
- Global capability centres go on hiring spree, set to outshine IT companiesGlobal capability centres (GCCs) of multinational companies are set to hire more employees this year in India. Workspace and HR solutions p...
- Apple's Tim Cook to discuss broadening India manufacturing with govt; Blinkit rivals log 25-50% jump in daily ordersApple chief executive officer Tim Cook, who arrived in Mumbai on Monday, ahead of the company's first owned store opening, is likely to dis...
- UBS take over of Credit Suisse may impact less than 20% jobs in India"We could see a reduction of 15-20% of the headcount affecting about 3,000 people in India," Aditya Mishra, chief executive of CIEL HR Serv...
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