AI Creates 83K Jobs in India, Kills 32K
An opinion piece in MillenniumPost synthesizes recent data on AI's impact on the job market, citing a Nomura Holdings report that shows AI has eliminated 31,921 jobs in India since 2022 but created 83,100 AI-related roles, a net positive. Globally, over 265,000 jobs have been affected since 2025, with tech bearing the brunt. The article highlights that India, as a GCC hub, is ground zero for these shifts, with companies becoming more selective and prioritizing proven AI skills over degrees. It also notes a tough market for freshers as experience trumps rookie talent, and points to a NASSCOM-Indeed study where 40% of employers value AI skills or certifications over formal degrees. Key signal: Nomura report: 31,921 AI-linked job cuts in India since 2022, but 83,100 AI-related jobs created. For hiring leaders, this matters because for CHROs and TA leaders, this signals a structural shift: AI is not just eliminating jobs but also creating a net surplus of roles, albeit with a skills mismatch. The data underscores the urgency to reskill and upskill workforces, particularly in GCCs, which are expected to grow to 2,117 by FY-end. The emphasis on skills over degrees means hiring strategies must pivot to skills-based assessments. The tough market for freshers suggests a need to rethink campus hiring and invest in apprenticeship or training programs. The selective hiring trend in GCCs indicates that quality over quantity will define future talent acquisition. Teksands view: The AI job math is finally clear: net positive, but the skills gap is the real crisis. For every 31,921 jobs lost, 83,100 new ones emerged—that's a 2.6x multiplier. The problem? The new roles demand AI fluency, and most candidates don't have it. GCCs are growing, but they're hiring with a fine-tooth comb. The takeaway for hiring leaders: invest in upskilling now, or watch your talent pool shrink. Freshers face the toughest market in decades—experience is the new currency. The future belongs to those who can work with AI, not against it.
Key fact
Nomura report: 31,921 AI-linked job cuts in India since 2022, but 83,100 AI-related jobs created.
Why it matters
For CHROs and TA leaders, this signals a structural shift: AI is not just eliminating jobs but also creating a net surplus of roles, albeit with a skills mismatch. The data underscores the urgency to reskill and upskill workforces, particularly in GCCs, which are expected to grow to 2,117 by FY-end. The emphasis on skills over degrees means hiring strategies must pivot to skills-based assessments. The tough market for freshers suggests a need to rethink campus hiring and invest in apprenticeship or training programs. The selective hiring trend in GCCs indicates that quality over quantity will define future talent acquisition.
The Teksands point of view
The AI job math is finally clear: net positive, but the skills gap is the real crisis. For every 31,921 jobs lost, 83,100 new ones emerged—that's a 2.6x multiplier. The problem? The new roles demand AI fluency, and most candidates don't have it. GCCs are growing, but they're hiring with a fine-tooth comb. The takeaway for hiring leaders: invest in upskilling now, or watch your talent pool shrink. Freshers face the toughest market in decades—experience is the new currency. The future belongs to those who can work with AI, not against it.
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