India: AI, cost cutting and GCC reskilling are reshaping the job market

Sep 21, 2026 · Issue 8 · 5 sources, 5 articles

A September 23 report counted 1.76 lakh (176,000) layoffs in nine months, attributed to AI and cost cutting. Indian global capability centres (GCCs) have meanwhile begun AI reskilling, and the semiconductor and GCC sectors are hiring.

Who is affected and how

employee

GCCs and the semiconductor industry are hiring, so it is worth looking at reskilling programmes.

HR professional

The reskilling models can serve as a template for global service centres.

Sources

• 1.76 lakh layoffs in 9 months: AI, cost cuts and the changing world of workindia today · Sep 23, 2026
• 1.76 lakh layoffs in 9 months: AI, cost cuts and the changing world of work - India Todayindiatoday.in · Sep 23, 2026
• Mint Explainer | Why India’s workforce is in flux - Livemintlivemint.com · Sep 21, 2026
• Indian GCCs turn to AI upskilling, reskilling in bid to be 'future-proof' | Industry News - Business Standardbusiness-standard.com · Sep 25, 2026
• GCCs push AI upskilling in bid to be 'future-proof' | Business Standard - newspaper - Read this story on Magzter.commagzter.com · Sep 25, 2026

Machine-generated summary based on the titles and excerpts of the source articles. The facts come from the linked article.