Whalesbook
So, hua kya hai ki FY26 mein, top 5 IT companies - matlab TCS, Infosys, Wipro, HCLTech, aur Tech Mahindra - ne total 6,981 jobs kam kar di hain. Last year, FY25 mein toh inhi companies ne 12,718 naye bande hire kiye the. So, bilkul ulta ho gaya hai! Sabse zyada TCS ne staff kam kiya hai, around 23,460 logon ko nikal diya. Tech Mahindra ne bhi 1,108 jobs reduce ki hain. Infosys, Wipro, HCLTech ne thoda bahut hire kiya hai, but overall dekha jaye toh companies ab efficiency aur profit pe zyada dhyaan de rahi hain. Is sab ka asar market pe bhi dikh raha hai, Nifty IT index kaafi neeche gir gaya hai aur multi-year lows ke aas-paas trade kar raha hai.
Ab sawal yeh hai ki yeh sab ho kyun raha hai? The main reason is the shift towards AI and specialized skills. Companies ab large numbers mein bandey bharti karne ke bajaye, specially AI, cloud, data analytics, aur cybersecurity jaisi fields mein expert logon ko dhoondh rahi hain. Yeh ek bada change hai, kyunki pehle toh zyada bande matlab zyada revenue hota tha. Lekin ab AI ki wajah se demand change ho gayi hai. Top talent ke liye compnayon mein race bhi badh gayi hai, aur TCS aur Wipro toh top employees ko offer bhi badha rahe hain. Experts toh yeh bhi keh rahe hain ki AI ki wajah se traditional IT services ki revenue 2% se 3% tak kam ho sakti hai har saal, isliye yeh skill shift bahut zaroori hai. Yahi wajah hai ki freshers ki hiring bhi FY22 ke peak se 80% tak gir gayi hai.
Lekin sab taraf buri khabar nahi hai! Jab traditional IT firms mein jobs kam ho rahi hain, tabhi Global Capability Centers (GCCs) India mein tezi se badh rahe hain. Nasscom ke according, India ke IT sector ne FY26 mein 1.4 lakh naye log hire kiye hain, jisse total workforce 59 lakh ho gayi hai. Yeh growth mainly GCCs ki wajah se hai, jo ab sirf support roles nahi balki innovation aur product development ke bhi hub ban gaye hain, specially AI mein. Bade bade companies jaise JPMorgan Chase bhi India mein bade GCC campuses bana rahe hain. Yeh dikhata hai ki India ab sirf services ka nahi, balki advanced operations ka bhi global hub banta ja raha hai.
Market mein bhi companies ki valuations alag-alag dikh rahi hain. Jaise April 2026 mein, Wipro aur Infosys ka P/E ratio 15.8 aur 16.7 ke aas-paas tha, jabki TCS ka 17.54, HCLTech ka 19.61, aur Tech Mahindra ka sabse zyada 27.72 tha. Analyst bhi confuse hain; TCS aur Tech Mahindra pe 'Buy' rating hai, Infosys aur HCLTech pe 'Hold', aur Wipro pe 'Reduce' tak bol rahe hain kuch log. Iske alawa, US aur Europe mein clients ki taraf se demand kam hona aur US visa fees (jaise H-1B pe $100,000 ki fee ka proposal) bhi ek challenge hai jo companies ke profit margins ko affect kar sakti hai.
So, overall scenario thoda mixed hai. Jobs kam ho rahi hain, but AI aur digital transformation ka future bright hai. Gartner ka forecast hai ki India ka IT spending 2026 mein $176 billion cross karega aur IT services 11.1% grow hongi. AI ki wajah se alag tarah ki jobs create hongi, but disruption FY26 se FY28 ke beech rahne ki ummeed hai. Woh companies jo AI-first models adopt karengi aur specialized skills pe focus karengi, wohi aage badhengi.