India IT industry surpasses $300 billion amid AI‑driven challenges, openings - Reuters

Mechanical systems expert Chris David leads a tour of Meta's data center in Temple, Texas. Fears that AI will wipe out tech jobs aren't showing up in the data. Job openings at tech companies are climbing, while layoffs continue to ease after a brutal industry reset following the pandemic, according to new data from TrueUp, a hiring platform that tracks more than 9,000 technology companies. TrueUp is currently tracking more than 280,000 open tech jobs across startups and big tech firms, up strongly from the start of 2026. Layoffs haven't disappeared, but they're no longer happening at anything like the pace of the post-pandemic downturn. About 190,000 tech workers have been laid off so far this year, putting 2026 on track to finish well below the roughly 430,000 job cuts recorded during the industry's layoff peak in 2023. The recovery isn't happening evenly across the sector. Demand for hardware engineers has surged this year, fueled by massive spending on AI infrastructure. "It's not surprising given the interest in GPU innovation, AI robotics, US manufacturing startups, and SpaceX," Amit Taylor, TrueUp's founder, told Business Insider.

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