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Techtonic shift: GCCs hiring 4x faster than IT cos now

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Global capability centres (GCCs) are hiring technology talent at more than four times the pace of IT services firms, marking the sharpest employment shift in India’s information technology sector in a decade.

GCCs are expanding headcount by 18-27% year on year, compared with 4-6% for IT services, according to data from staffing firm TeamLease Digital.

Together, they employ nearly 2 million people now, up from 1.2 million in 2022, creating about 300,000 jobs annually. In contrast, IT services have added only 25,000-40,000 employees a year on a net…

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