IT’s hiring plans on ice as tariff war sends shivers

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Indian software exporters are adopting a “wait and watch” approach to fresh hiring as the $280 billion industry braces for continued macroeconomic volatility amid the ongoing tariff war. IT companies are slashing their hiring mandates with demand for talent having dropped by nearly a fifth during January to March 2025 compared to the previous quarter, recruitment firms said.

This sharp decline – a contrast to the positive demand trajectory for IT hiring in the final quarter of 2024- has left staffing firms flat footed. IT providers are now turning…



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IT’s hiring plans on ice as tariff war sends shivers


Indian software exporters are adopting a “wait and watch” approach to fresh hiring as the $280 billion industry braces for continued macroeconomic volatility amid the ongoing tariff war. IT companies are slashing their hiring mandates with demand for talent having dropped by nearly a fifth during January to March 2025 compared to the previous quarter, recruitment firms said.

This sharp decline – a contrast to the positive demand trajectory for IT hiring in the final quarter of 2024- has left staffing firms flat footed. IT providers are now turning…



Source link

Disclaimer

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.

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