IT
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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