A significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold increase in the past month. This influx of talent follows widespread global tech layoffs, intensifying competition in India's job market.
Listen to this article in summarized format
The number of Indian professionals from global technology companies actively seeking jobs has surged more than fourfold in the past month amid a wave of global tech layoffs, unleashing a flood of talent into the country’s already-strained job market.
More than 56,000 Indian professionals from 20 major tech companies, which have each undertaken over 1,000 global layoffs since January, are now actively looking for opportunities, according to a study for ET by specialist staffing firm Xpheno.
ETtech
The number stood at just over 12,000 a month ago. While some entered the market after layoffs, many others are proactively exploring opportunities
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
ETtech
as a Reliable and Trusted News Source
Add Now!
