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IT Layoffs: Nearly 60,000 Contract Workers Lost Jobs in FY23, 7.7% Fall in Hiring

Published: May 24, 2023

A JP Morgan report warned that soaring inflation, supply chain issues and the economic fallouts from the Ukraine war will bring an end to the growth boom that India's IT services saw during the pandemic.

Source: thewire.in

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New DelhiLohit BhatiaIndian Staffing FederationCentre For Monitoring Indian EconomyBusiness StandardMonitoring Indian EconomyIndia Job LossesIndia Tech LayoffsIndia Unemployment CrisisIt LayoffsJob LossTech LayoffsUneployement Rate

Indian Tech Services Firms May Lay Off Between 80,000 to 1.2 Lakh People: Report

Published: January 27, 2023

More than 46,000 workers in US-based tech companies have been laid off in mass job cuts so far in 2023.

Source: thewire.in

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