Tuesday, September 15
Indian IT services majors may be trimming their workforce, but for Big Tech, it’s still hiring season in India.Global giants under the FAAMNG umbrella – Facebook parent Meta, Amazon, Apple, Microsoft, Netflix, and Google – have grown their India headcount across their own and their affiliate entities by 16% over the past 12 months, data from staffing firm Xpheno showed.The pace of growth is slightly higher than 15% in the 12 months to August 2024.FAAMNG saw over 28,000 net employee additions in the past one year. The current estimated collective headcount across their entities in India is over 208,000, according to Xpheno.The hiring rate “is relatively healthy, especially with the buzz of AI potentially impacting pace and volume of hiring,” said Kamal Karanth, cofounder of Xpheno
