<ul><li>In a promising development for the Indian IT services sector, recruitment experts reveal a 10% increase in hiring intent by the end of January, signaling a potential turnaround after the 2023 macroeconomic slump triggered significant headcount reductions.</li><li>While the top five companies experienced a 61,000-plus drop in headcount last quarter, current hiring mandates suggest a revival in demand starting FY25 in April.</li><li>The surge, mainly in filling vacant roles, is attributed to the gradual uptick in deal pipelines.&nbsp;</li><li>Experts caution that despite the green shoots, Q4 headcount is expected to remain negative, with future hiring trends contingent on ongoing market dynamics.</li></ul>

IT services hiring shows signs of traction, intent up 10% in January

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