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The IT services industry is experiencing changes in hiring patterns due to global market conditions and advancements in AI technology. Senior-level roles in finance, consulting, and program management are in demand, with a focus on skills in cloud computing, machine learning, and data engineering. Despite a challenging business environment, companies are still expected to see growth in IT spending, with India’s IT spending also on the rise. This has led to an increase in pay for senior-level talent, with an average of 20% salary hikes.