Layoffs Everywhere… But 1.5 Lakh Jobs Are Coming? (Hidden Hiring Truth)

Everyone is talking about tech layoffs, hiring freezes, and the slowdown in the IT job market. But quietly, something very different is happening in India.

While traditional service companies like Tata Consultancy Services, Infosys, and Wipro face challenges, many global companies are expanding their Global Capability Centers (GCCs) in India.

Companies such as JPMorgan Chase, Barclays, Wells Fargo, and McDonald's are opening or expanding development centers and hiring thousands of engineers, data professionals, and AI specialists.

Reports suggest that around 1.4–1.5 lakh new jobs could be created in India through GCCs alone.

So why do many people still feel the job market is bad?

The answer lies in the skills gap. Basic and repetitive IT work is decreasing, while demand for AI, data engineering, cloud computing, cybersecurity, and product development is rapidly increasing.

In this video, we break down:

Why layoffs are happening in some companies
Why global firms are hiring heavily in India
What Global Capability Centers (GCCs) really are
And what skills you need to stay relevant in the IT industry

The truth is simple: jobs are not disappearing — they are changing.

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Видео Layoffs Everywhere… But 1.5 Lakh Jobs Are Coming? (Hidden Hiring Truth) канала Interview Mania