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IT firms cut 24,000 jobs in a year due to AI adoption

The Economic TimesRead the original22 Oct 2026

IT firms cut 24,000 jobs in a year due to AI adoption. Automation driven by AI has led Indian IT majors to eliminate 24,000 roles across engineering and tech departments in the past 12 months. This reflects a structural shift in service delivery models, impacting mid-level coding and maintenance roles. While cost-saving, it raises concerns over future hiring trends.
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