Around 52% of tech and banking professionals in India and the US revealed that their companies are planning to boost hiring in India by 2026, as per a report by Blind, an anonymous community app for professionals. The report indicated that 34% of respondents foresee a significant surge, while 18% anticipate a moderate increase in hiring.
The survey, which included 2,392 verified professionals from the US and India, highlighted a growing trend of offshoring by major global tech companies like Google, Amazon, Microsoft, Uber, and eBay. When questioned about the impact of India hiring on US-based roles, 38% mentioned that it is replacing US-based positions, while 23% stated that it complements hiring in the US.
Moreover, the report emphasized that 28% of respondents attributed the rise in India hiring to recent H-1B visa restrictions, while 25% believed these restrictions had no significant effect. Interestingly, 4% of respondents noted that the restrictions led to increased hiring in the US.
According to the report, India is increasingly being viewed as a viable alternative to the US hiring market, with many companies redirecting their growth to India instead of expanding in the US. This shift signifies a structural change in global workforce planning, according to the findings.
