Nasscom: IT Sector Adds Just 2,000 Net Jobs in FY26, Hiring Plateaus
MMoneycontrol•24-02-2026, 18:01
Nasscom: IT Sector Adds Just 2,000 Net Jobs in FY26, Hiring Plateaus
- •India's technology industry added only about 2,000 net jobs year-on-year in FY26, according to Nasscom.
- •Net additions were 135,000 employees, marginally higher than 133,000 in FY25, indicating plateaued hiring growth.
- •Artificial intelligence (AI) is reshaping employment patterns, weakening the link between revenue growth and workforce expansion.
- •The sector's total workforce grew to 5.95 million in FY26, a 2.3 percent increase from 5.82 million.
- •Companies are investing heavily in reskilling and capability building due to the transition to AI-led delivery models.