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REPLACEMENT HIRING IN GCCS
Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.- 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...
- Southwest Airlines to expand India global centre to 1,000 employees, executive saysThe U.S. airline, which opened its Global Innovation Center in India's Hyderabad city on Wednesday, has already hired more than a dozen e...
- Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
- Smaller teams, fewer replacements guiding GCC 2.0 ops playbookGlobal Capability Centres in India are starting smaller and using AI to boost output. Companies are no longer replacing every departing emp...
- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- IT firms refresh game as Gen Z employees move on fasterThe Indian IT sector is currently witnessing a wave of replacement hiring, largely driven by the rapid job transitions of Gen Z workers. Un...
- IT reworks hiring for Gen Z; HCLTech CEO on AIHappy Thursday! India’s IT sector is seeing a sharp rise in replacement hiring as Gen Z professionals switch jobs faster. This and more in ...
- IT firms redraw hiring strategies as GenZ moves on fasterIndia's IT sector is experiencing a surge in replacement hiring. Gen Z professionals are leaving jobs at a faster rate, prompting companies...
- AI talent gap of nearly 40% emerges as biggest bottleneck for GCC growth: Quess reportIndia's Global Capability Centres are grappling with a significant talent deficit in AI and data skills. This shortage, now at 38-42%, is a...
- Nano GCC attrition shaped by clearly defined roadmapsIndia’s nano GCCs are diverging, with long-term centres showing 80-88% employee retention, while short-term or contract-led setups face hig...
- GCCs to ditch hiring surge for AI, cyber skills in 2026 : ExpertsIndia’s Global Capability Centres (GCCs) are shifting away from mass hiring and focusing instead on specialised skills in AI, cloud, and cy...
- Five in 10 GCCs planning to increase workforce: ReportIndian GCCs are poised for talent expansion in 2025, with half planning workforce increases. Early career talent remains the focus, but ris...
- Mid-sized GCCs out-hire larger peers with double-digit growth in first halfMid-size global capability centres in India are experiencing faster hiring growth, with a 10–12% increase in the first half of the year, ou...
- India’s GCCs soar to 1,700, set to hit 2,200 by 2029: Nasscom presidentIndia's global capability centres (GCCs) are booming, with 1,700 currently and 2,200 projected in five years. Nasscom's new president, Raje...
- India Inc looking at year on-year growth of 9.75% in hiring for 2025-26Indian companies project a 9.75% hiring increase in FY 2025-26, driven by global capability centers, core sectors, and BFSI. Replacement hi...
- Global capability centres score may go up in 2nd half of hiring gameCaptive service units of multinational companies in India employed around 152,000 people in the first half of 2024, up 14% from the prior s...
- 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...
- GCCs of multinationals may hire half a million in India this fiscalThe in-house units of global companies in India across sectors such as banking, financial services and insurance (BFSI), pharmaceuticals, r...
- US bank captives still hiring as cash moves to stable large banksThe top six Indian GCCs of US banks have kept their attrition-driven replacement hiring strong or registered marginal net additions over th...
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