Will Big Tech companies Offshore More Jobs to India in 2026 Amid US Layoffs?
Synopsis
Key Takeaways
- 52 percent of professionals believe companies will hire more in India by 2026.
- Major firms are increasingly offshoring jobs to India.
- 38 percent see Indian hiring replacing US roles.
- Recent H-1B visa restrictions play a significant role in this trend.
- 93 percent of employees at global firms plan to expand hiring in India.
New Delhi, Jan 14 (NationPress) Approximately 52 percent of professionals in the tech and banking sectors from both India and the United States believe their companies will boost hiring in India by 2026, according to a report released on Wednesday.
The study, conducted by the anonymous professional community app Blind, indicated that 34 percent of respondents foresee a substantial increase in hiring, while 18 percent predict a moderate uptick.
With responses collected from 2,392 verified professionals in the US and India, the data reflects a noticeable trend towards greater offshoring by leading global tech companies such as Google, Amazon, Microsoft, Uber, and eBay.
When participants were questioned about the impact of Indian hiring on US positions, 38 percent indicated it is replacing US roles, whereas 23 percent believe it complements US hiring, as stated in the report.
The findings highlighted that 28 percent of respondents attributed the recent H‑1B visa restrictions as a driving force behind the increased hiring in India, while 25 percent felt these changes had no significant impact.
Additionally, around 4 percent of respondents noted that the restrictions led to an increase in US-based hiring.
"These findings underscore India’s emerging position as a viable alternative to the US labor market. Instead of solely focusing on expansion in the US, many firms seem to be pivoting their growth strategies towards India, indicating a fundamental shift in global workforce management," the report highlighted.
Among employees at major global corporations like eBay, Wayfair, LinkedIn, Qualcomm, Capital One, Google, Amazon, Salesforce, SAP, and Microsoft, nearly 93 percent reported intentions to enhance their hiring efforts in India.
Regarding the modes of expansion in India, 25 percent indicated that their employers are enlarging existing teams in India, while about 20 percent mentioned the establishment of new positions there and another 20 percent noted that specific projects or functions are being relocated to the country.
aar/na