India’s tech talent demand hits 28-month low: Report
India's active tech job market has hit a 28-month low, with a 14% month-on-month drop in openings. The decline is attributed to global economic shifts and changes in US hiring trends affecting H-1B visa holders.
Why it matters
This signals a cooling period for India's massive IT sector, which is a primary driver of the country's economic growth and employment.
The active tech talent demand in India seems to continue its downward slide. According to specialist staffing firm Xpheno’s Active Tech Jobs Outlook report for June, the month’s demand outlook has hit a record 28-month low.
The report relies on industry data and provides a factual analysis of market trends without editorializing.
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