Indian IT sector hit by ‘silent layoffs’: 50,000 people may lose jobs this year; what’s driving the widespread firings?

The technology services sector is witnessing a fundamental transformation from personnel management to competency-based organisation. (AI image) The Indian IT sector has been hit by a wave of what experts are calling ‘silent layoffs’! These firings may lead to as many as 50,000 people losing their jobs in the IT sector by year-end.Whilst precise dismissal…

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