
The fast pace of technological change, combined with economic volatility and the rise of Generative AI technologies, has sparked a series of job cuts around the world, especially in the technology sector. Indian multinational firms were no exception to the trend, with Tata Consultancy Services (TCS) putting out word of plans to cut around 2% of its staff, or about 12,000 workers, at the middle and senior ranks. This action will be followed by other companies with similar steps, according to predictions by industry analysts.
The Layoff Landscape
According to Layoffs.Fyi, a layoff tracker, a total of 80,150 employees in 169 tech companies have been laid off in 2025. The IT industry, which is India's largest service sector and a significant contributor to the country's GDP, is facing unprecedented uncertainty. The layoff announcement has sent shockwaves across the industry, leaving employees and professionals grappling with financial insecurity and uncertainty.
The Importance of Upskilling
In this context, upskilling and reskilling become pivotal survival and growth strategies. Ruchee Anand, India Head of LinkedIn Talent and Learning Solutions, asserts that the sudden evolution of AI is reshaping jobs and skill needs at an unwarranted pace. She points out that creativity, problem-solving, and strategic thinking are some of the most coveted skills sought by recruiters in India among potential hires. In addition, AI literacy has become imperative across functions, with 95% of Indian business executives emphasizing AI capabilities over conventional experience.
Advantages of Upskilling
Upskilling has several advantages, including:
Efficient Methods of Upskilling
To remain competitive in the digital age, IT professionals can consider the following upskilling opportunities:
By adopting upskilling and reskilling, workers are able to ride the wave of technological disruption and remain in the vanguard of the competitive job market.
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