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Nomura: AI Hiring Outpaces Layoffs in India

The finding signals growth concentrated in tech roles, risking a widening skills gap for entry-level workers.

Overview

  • The Nomura report published in early August 2026 found India recorded 83,100 AI-related hires versus 31,921 layoffs and attrition between 2022 and August 2026, producing a net hiring signal from its 69-case sample.
  • Across Asia the study identified 130,758 AI hires and 60,654 losses, with more than 90% of hires in technology and roughly 60% of losses concentrated in financial-services and routine support teams.
  • Most job cuts in the cases involved customer-support and routine roles replaced by chatbots, while most new roles went to IT-services graduates and experienced staff working on AI systems.
  • Nomura warns the dataset is drawn from media-reported cases and is indicative rather than comprehensive, so headline aggregates can mask substantial transitional pain for displaced workers.
  • The pattern implies an urgent need for targeted reskilling, hiring practices, and social support so that workers displaced from entry-level support roles can access the higher-skill AI jobs being created.