India's IT services sector sheds jobs as AI automates formulaic work
#india#it-services#ai-automation#jobs
According to the Financial Times, India's IT services sector, which employs 6 million people and contributes about 7% of GDP, is shedding jobs as AI automates formulaic work. The report highlights the sector's significant economic contribution while facing workforce reductions.
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Financial Times : How India's IT services sector, which employs 6M people, contributes ~7% of GDP, and generates $300B+ annually, is shedding jobs as AI automates formulaic work — It was around 1.30am by the time Rakesh, a 45-year-old Oracle employee in the Indian technology hub of Bengaluru …
