Despite widespread layoffs across global markets, major international technology firms—collectively known as FAAMNG (Facebook, Amazon, Apple, Microsoft, Netflix, and Google)—are steadily increasing their hiring footprint in India.
Over the past year, these companies have grown their India-based headcount by 16%, adding approximately 28,000 new jobs across their own and affiliate entities.
This hiring momentum stands in contrast to the downsizing trend among Indian IT service providers such as TCS, Infosys, and Wipro, which have reported declining headcounts for four consecutive quarters.
The divergence highlights a shift in workforce priorities, with global firms investing in high-end innovation roles, while domestic players grapple with skills mismatches and project realignments.
Demand for AI, Cloud, and Cybersecurity Drives Hiring Growth
The surge in hiring by Big Tech is largely driven by demand for specialized skills in artificial intelligence, cloud computing, and cybersecurity.
These areas are central to the strategic goals of global firms, which are increasingly relying on their India-based Global Capability Centers (GCCs) to lead innovation and product development.
According to staffing firm Xpheno, the collective headcount of FAAMNG entities in India now exceeds 208,000, with over 4,500 active job openings currently posted.
This growth is notable given the broader context of global layoffs, where Big Tech has let go of more than 100,000 employees worldwide in recent quarters.
Indian IT Majors Face Challenges in Workforce Alignment
In contrast, Indian IT firms are experiencing a slowdown in hiring, particularly at the entry-level.
Companies like TCS have announced significant layoffs—12,000 employees at mid-to-senior levels—citing a mismatch between existing skills and evolving project requirements.
As of June 2025, the top six Indian IT firms reported a modest year-on-year headcount growth of only 1.3%.
This slow pace highlights their cautious stance toward new recruitment amid evolving industry conditions.
Experts point out that global firms are executing layoffs, but India has felt a relatively limited impact.
Neeti Sharma, CEO of TeamLease Digital, observed that companies are becoming more selective in their hiring practices.
The emphasis is now on deep tech positions and skills that align with emerging technologies.
Routine and support roles, especially in legacy technologies, are being phased out.
Strategic Implications for India’s Tech Ecosystem
India’s position as a cost-effective talent hub with strong technical expertise continues to attract global investment.
India has a well-developed infrastructure that supports digital innovation.
Combined with its vast pool of skilled professionals, this makes the country an attractive destination for Big Tech expansion.
However, the contrasting trends between global and domestic firms underscore the need for workforce realignment and upskilling.
Indian IT companies must adapt to changing client demands and invest in training programs that prepare employees for emerging technologies.
This shift has broader implications for policy makers, pushing them to take a more active role in shaping the future of India’s workforce.
To maintain the country’s competitive edge in the global tech landscape, they may need to support initiatives focused on inclusive workforce development, education reform, and strategic talent planning.
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