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DeepNewz, mobile.
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Indian IT services companies are facing macroeconomic uncertainty and a slowdown in tech spending, leading to reduced campus recruitment and a halt in fresher hiring. The sector has also been impacted by 'silent' layoffs, with around 20,000 employees losing their jobs in the calendar year 2023, according to data from the All India IT & ITeS Employees' Union (AIITEU). AIITEU suggests that the actual number of layoffs may be higher.
📈 Silent layoffs are on the rise in India's tech sector, with 20,000 jobs lost in 2023 alone 💼 🔍 Find out what #SilentLayoffs entail, the reasons behind the surge, and their impact on #tech professionals 👇 https://t.co/ZM9H6VxGv5 #Layoffs | @debanganaghosh4, @shaw_reshab
🚨According to data shared by the All India IT & ITeS Employees' Union (AIITEU), around 20,000 techies lost their jobs in ‘silent’ layoffs in the IT/ITeS sector in India in calendar year 2023. AIITEU believes that the actual number is higher and yet to be reported. These layoffs… https://t.co/GVpJANUOHb
🚨 Silent layoffs grip Indian IT sector, impact over 20,000 employees Imp story by @debanganaghosh4 and @shaw_reshab https://t.co/bqAa5sPp3P
