India reports 45,800 March layoffs

March 2026 was the worst month for tech layoffs in two years, with 45,800 jobs cut globally, according to figures cited by India Today and NDTV Profit from Layoffs.fyi. (indiatoday.in) (ndtvprofit.com) Layoffs.fyi said 92,272 tech workers had lost jobs at 98 companies by April 28, which means March accounted for roughly half of the year’s cuts so far. (layoffs.fyi) (ndtvprofit.com) The reports describe a spending shift inside tech: companies are cutting payroll while directing more money to artificial intelligence systems, cloud capacity and semiconductor infrastructure. (peoplematters.in) (thecsrjournal.in) PwC’s 2025 Global AI Jobs Barometer found job ads requiring AI skills rose 7.5% even as total job postings fell 11.3% worldwide. The same report said workers with AI skills commanded a 56% wage premium. (pwc.com) PwC also said industries most exposed to artificial intelligence posted 27% growth in revenue per employee from 2018 to 2024, versus 9% in the least exposed industries. Employers are changing skill requirements faster in those AI-heavy sectors. (pwc.com) (prnewswire.com) That leaves a split market: fewer jobs overall in parts of tech, but stronger demand for workers who can build, run or support AI systems. Reports describing the March cuts point to hiring interest in roles tied to machine learning, cloud architecture and data-center operations. (peoplematters.in) (indiatoday.in) The March tally is global, not India-only, despite the headline framing in some coverage. The underlying count cited across reports comes from Layoffs.fyi’s worldwide tracker of tech company job cuts. (layoffs.fyi) (indiatoday.in) For workers, the number to watch is not just 45,800 in March, but how much of the remaining hiring is moving toward AI-linked skills while the broader tech payroll shrinks. (layoffs.fyi) (pwc.com)