AI Triggers 70% Collapse in Fresh Graduate Hiring at India's IT Giants That Employ 5.4 Million (indiadispatch.com)
(Monday September 15, 2025 @04:30AM (msmash)
from the pyramid-scheme dept.)
- Reference: 0179253308
- News link: https://slashdot.org/story/25/09/15/0718258/ai-triggers-70-collapse-in-fresh-graduate-hiring-at-indias-it-giants-that-employ-54-million
- Source link: https://indiadispatch.com/p/hollow-at-the-base
India's IT services industry saw entry-level hiring [1]collapse by 70% between fiscal years 2023 and 2024 , as the country's four largest IT exporters reduced fresh graduate recruitment from 225,000 to 60,000. Tata Consultancy Services and Infosys shed a combined 38,000 employees in fiscal 2024, marking the sector's first workforce contraction in decades.
Studies indicate generative AI could automate 30-40% of junior developer and tester tasks. The proportion of employees under 30 at Infosys declined from 81% in 2010 to a projected 53% by fiscal 2025. India adds 8-9 million people to its workforce annually while the IT sector projects just 50,000 net new jobs per year from fiscal 2026-28. The graduate unemployment rate exceeds 13%, nearly triple the national average.
[1] https://indiadispatch.com/p/hollow-at-the-base
Studies indicate generative AI could automate 30-40% of junior developer and tester tasks. The proportion of employees under 30 at Infosys declined from 81% in 2010 to a projected 53% by fiscal 2025. India adds 8-9 million people to its workforce annually while the IT sector projects just 50,000 net new jobs per year from fiscal 2026-28. The graduate unemployment rate exceeds 13%, nearly triple the national average.
[1] https://indiadispatch.com/p/hollow-at-the-base
Not the needful (Score:2)
by fluffernutter ( 1411889 )
In tonight's news: 70% of India IT graduates are under trained and generally unhelpful.
Predictable outcomes (Score:3)
Cybercrime is going to be wild in a few years.
Re: (Score:2)
Are you saying Cybercrime is not already wild? If this happened in the USA or in Germany (which it IS happening but not at the same extreme percentage), would you think all the recent college grads/entry level programmers suddenly turn to a life of crime?
Re: (Score:3)
If the choice is between that and cleaning up AI hallucination garbage, you'd be surprised.