AI Vs IT Jobs: CLSA says, ‘new hiring targets intact, no negative impact’ – IT hiring up 6.4%

There have been concerns lately about AI disrupting IT sector jobs. However, the latest report by CLSA said that the data shows otherwise. It noted that hiring activity in India’s IT and software services sector increased 6.4% year-on-year (YoY) in February 2026. The report added that the BPO sector, which was expected to be hit the most by AI, continues to see strong growth in recruitment.

CLSA noted that hiring indicators across India and global markets show that the impact of AI on jobs has not yet materialised in a negative way. Instead, companies appear to be continuing with their hiring plans while also looking for specialised AI talent.