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Recruitment | Growth slow in outsourced hirings, says Indian Staffing Federation s report

Net employment in the IT industry, which was about 60,000 in 2021-22, had witnessed a six per cent decline in 2022-23

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IT Layoffs: Nearly 60,000 Contract Workers Lost Jobs in FY23, 7 7% Fall in Hiring

A JP Morgan report warned that soaring inflation, supply chain issues and the economic fallouts from the Ukraine war will bring an end to the growth boom that India's IT services saw during the pandemic.

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India – Flexi staffing industry records 14% growth in new jobs in FY 2022-23 (The Business Standard)

India – Flexi staffing industry records 14% growth in new jobs in FY 2022-23 (The Business Standard)
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60,000 Contract Workers Out of a Job as Indian IT Hiring Slows

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Indian staffing federation

Almost 60,000 Indian techies hired via contractors lost jobs in IT sectors in a year

Flexi staffing is a term used for hiring of people on a temporary basis for a fixed period of time or for specific projects.

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