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Big Tech hiring in India hits a low amid global layoffs
These US tech giants had been reducing hiring for months now. Their active openings fell from 9,000 in the July-August period to 4,000 in mid-October, Xpheno said. Job postings in November were almost 80% less than in July
Source | economictimes.indiatimes.com | Prachi Verma, ET Bureau
Big technology companies’ hiring in India has almost come to a pause even as they have announced global layoffs, a report by Xpheno shared exclusively with ET has said.
Between the ‘FAANMG’ – Facebook (Meta), Apple, Amazon, Netflix, Microsoft, and Google (Alphabet) – there are active job postings of less than 2,000 jobs at present, the specialist staffing solutions firm said in the report.
“The FAANMG cohort is at its lowest hiring at this point with layoffs