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IT SECTOR HIRING 2025
US Supreme Court rejects TCS appeal in $168 million trade secrets caseThe U.S. Supreme Court has refused to hear Tata Consultancy Services' appeal. This upholds a $168 million award against Tata. DXC Technolog...
Jobseekers flood market after global tech layoff waveA significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold incr...
Laid off by Amazon and Microsoft in 3 years, techie shares the golden rule for surviving AI-era job lossAfter being laid off by Amazon and Microsoft within three years, tech professional Dave Lewis was forced to rethink his career path in an i...
Warburg Pincus to acquire Japan's J.S.B. in over $1 billion deal, source saysUS private equity firm Warburg Pincus is preparing to buy Japanese student housing provider J.S.B. The deal is valued at over one billion d...
US-based Tryfacta files draft papers for $100-150 million GIFT City IPOUS-based Tryfacta Inc is set to become the first US-headquartered company to list its equity shares in India through GIFT City, filing draf...
AI shift drives Opendoor’s India exit: Here's all you need to knowUS real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is ...
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...
Co-working platform, DK Vertex leases one million sq ft across seven centresDK Vertex, a co-working platform, has leased one million square feet across seven centers in Delhi-NCR, Bengaluru, and Mumbai. The company ...
AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...
Majority of Indian firms face persistent external disruptions: ReportIndian businesses face talent challenges due to external disruptions. Climate shocks, infrastructure issues, and health outbreaks are affec...
Geopolitical shifts to boost indigenous tech, five-fold jump in job creation in defence sector: SurveyIndia's defence sector is set for major growth. Indigenous technology adoption will surge, reaching USD 36.45 billion in three years. This ...
Indian employers turn cautious for July-September quarter amid global uncertainties: ReportLooking ahead to the July-September period, India's hiring scene is poised for a slowdown as employers adopt a wait-and-see stance amidst g...
GCCs outpace IT services in tech hiring, driving AI & cloud talentGlobal capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technolog...
Jobs outlook may cool down in Sept quarter amid economic woesIndia's employment outlook is set to soften in July-September 2026, with 59% of employers anticipating hiring increases, down from 74% in t...
Education policy failure is being dressed up as innovation, employer abdication as a skills gapIndian universities are failing to equip graduates with needed skills. Private firms now offer expensive courses, creating a barrier for ma...
Q4 FY26 earnings: Metal companies lead growth, backed by robust volumes and favourable pricing trendsET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is present...
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...
Job cuts in U.S: Lay offs total over 97,000 in May, highest in six years. Check what is disrupting jobs marketLay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.