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India’s tech industry is facing one of its biggest shakeups yet. In just the first five months of 2026, nearly 93,000 tech jobs have disappeared globally, and the impact is now being felt strongly in India’s IT hubs like Bengaluru, Hyderabad, Pune, Noida, and Chennai. In this episode of Kharcha Pani, we break down why companies like TCS, Wipro, Cognizant, Meta, Amazon, and Coinbase are cutting jobs, how AI tools are replacing coding, testing, customer support, and middle-management work, and why the traditional “engineering degree → campus placement → stable IT career” model is starting to crack. From AI-first hiring strategies to the future of freshers, BPO workers, and mid-career employees, this video explains what’s really happening inside the global tech industry, whether AI layoffs are being exaggerated, and what it could mean for India’s middle class and economy in the coming years.
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Production: Shruti
Video Editor: Ved
