Layoffs or Hiring: America-China Tariff War Sends Indian IT companies in ‘wait-and-watch’ mode
Indian IT firms are adopting a cautious hiring approach due to the US-China tariff war, leading to a nearly 20% drop in tech talent demand. Recruitment firms report a significant reduction in active hiring, raising concerns about potential layoffs, especially in IT services and GCCs. Uncertainty surrounding tariffs has prompted project delays and conservative financial strategies among major IT companies.
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