Thursday, 5 March, 2026
Although IT Hiring have decreased, It May Not Be Concerning
By Basit Ansari
<p>Fears of an economic slowdown in the US and Europe have led to a decrease in hiring in the IT services sector this fiscal year, and this decline is projected to continue throughout the entire year for the $227 billion software exports sector. However, the results for the second quarter indicate that IT majors remain cautiously hopeful for the medium term. In 2023 the growth is anticipated to reach 7.9%. Viewing profitability and growth could be a positive outlook on the situation.</p>
Read full story at Economic Times
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