Techtonic shift: GCCs hiring 4x faster than IT cos now

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Global capability centres (GCCs) are hiring technology talent at more than four times the pace of IT services firms, marking the sharpest employment shift in India’s information technology sector in a decade.

GCCs are expanding headcount by 18-27% year on year, compared with 4-6% for IT services, according to data from staffing firm TeamLease Digital.

Together, they employ nearly 2 million people now, up from 1.2 million in 2022, creating about 300,000 jobs annually. In contrast, IT services have added only 25,000-40,000 employees a year on a net…



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Techtonic shift: GCCs hiring 4x faster than IT cos now


Global capability centres (GCCs) are hiring technology talent at more than four times the pace of IT services firms, marking the sharpest employment shift in India’s information technology sector in a decade.

GCCs are expanding headcount by 18-27% year on year, compared with 4-6% for IT services, according to data from staffing firm TeamLease Digital.

Together, they employ nearly 2 million people now, up from 1.2 million in 2022, creating about 300,000 jobs annually. In contrast, IT services have added only 25,000-40,000 employees a year on a net…



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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