Indian IT hit by ‘silent layoffs’! 50,000 people may lose jobs
Indian IT hit by ‘silent layoffs’! 50,000 people may lose jobs
India's tech sector is experiencing silent layoffs, with projections of over 50,000 workers impacted by year-end. Companies are reducing surplus staff through performance-linked departures and delayed career advancements, driven by AI adoption and business prudence. This trend signals a shift towards skills management and flatter structures in the industry.
India's tech sector is experiencing silent layoffs, with projections of over 50,000 workers impacted by year-end. Companies are reducing surplus staff through performance-linked departures and delayed career advancements, driven by AI adoption and business prudence. This trend signals a shift towards skills management and flatter structures in the industry.