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Published 13 days ago

69K Employees Laid Off In Indian IT Companies

Summary by m9.news

The ongoing recession has significantly impacted the IT sector over the past couple of years. In India, many IT companies are witnessing a decline in their employee strength, except HCL Technologies. During the 2023-24 financial year, India saw a reduction of over 69,000 IT employees, primarily due to diminished demand. Recently, major multinational corporations (MNCs) […] The post 69K Employees Laid Off In Indian IT Companies appeared first on …

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69K Employees Laid Off In Indian IT Companies

The ongoing recession has significantly impacted the IT sector over the past couple of years. In India, many IT companies are witnessing a decline in their employee strength, except HCL Technologies. During the 2023-24 financial year, India saw a reduction of over 69,000 IT employees, primarily due to diminished demand. Recently, major multinational corporations (MNCs) […] The post 69K Employees Laid Off In Indian IT Companies appeared first on …

13 days ago·India

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