IT hiring shows revival signs with 10-12% H2 demand pickup
Data from at least two staffing firms indicate a 10-12% likely increase in hiring demand from most software service for the second half of the ongoing fiscal 2025 compared with a year earlier. The sector, according to them, is projected to report 8-10% for the first half ending September 30.
For the fiscal year through next March, hiring is seen increasing by up to 8.5%. That would come after a year when new jobs created in the IT industry had dropped, to 60,000 as per industry body Nasscom's estimates compared with 270,000 in FY23.
The first-half numbers indicate a robust recovery in IT hiring, said Krishna Vij, vice president at TeamLease Digital which now projects 10-12% on-year growth in the second half through March 2025.
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