Whole world already watching India with popcorn right now lil homie. Instead of hiring millions, Indian IT and backoffice is firing them. All those poor graduates with no jobs in IT and can't use broken english no more

have to go back to using firewood for cooking food because can't even afford Gas no more.
Indian IT firms and global capability centers are reducing their workforces as the industry shifts from labor-intensive models to automated, AI-driven efficiency. [
1,
2]
Key Reduction Figures & Trends
- Headcount Decline: India's top five IT services firms (TCS, Infosys, Wipro, HCLTech, and Tech Mahindra) collectively added almost zero net jobs or cut thousands of roles, marking a structural break where rising revenue no longer equals mass hiring. [1, 2, 3]
- Major Reductions: Companies like Tata Consultancy Services (TCS) and Wipro have shed tens of thousands of roles over recent fiscal periods, heavily impacting mid-level and senior management. [1, 2, 3]
- Global Capability Centers (GCCs): Multinational firms and GCCs (including Oracle, PayPal, and Visa) have cut thousands of positions in hubs like Bengaluru, Hyderabad, and Pune. [1, 2]
Core Drivers of Downsizing
- Artificial Intelligence & Automation: Routine coding, testing, and support tasks are increasingly handled by AI agents and automated workflows, reducing the need for large entry-to-mid-tier headcounts. [1, 2, 3]
- Shift to Outcome-Based Pricing: Clients now pay for tech outcomes and efficiency rather than raw headcount (labor arbitrage), forcing firms to operate with leaner teams. [1]
- Strategic Reallocation: Budgets are shifting away from traditional legacy services toward specialized infrastructure, cloud computing, and advanced AI development. [1, 2, 3]