Tech lay-offs’ cascading effect on India’s economy

Tech lay-offs’ cascading effect on India’s economy

About 90 out of 100 senior tech professionals earning between ₹45 lakh and ₹70 lakh per annum today carry “a solid fear of losing jobs on their faces,’’ observed an IT sector recruiter who had interviewed them for various positions in the last one month. This fear seems to be spreading rapidly among techies. Following […]

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New jobs open up in IT sector in Kerala, but threat of layoffs looms too

New jobs open up in IT sector in Kerala, but threat of layoffs looms too

The post-COVID-19 period has been a fruitful one for the IT sector in Kerala, as far as hirings are concerned, with a considerable number of opportunities opening up for freshers and lateral entries. However, of late, the news of massive layoffs by tech giants in the Silicon Valley, as among some startups in India, has […]

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Data | Layoffs by IT firms in the U.S. will greatly impact H-1B workers from India

Data | Layoffs by IT firms in the U.S. will greatly impact H-1B workers from India

Layoffs: People take a photo at Meta corporate headquarters in Menlo Park, California on November 9, 2022. – Facebook owner Meta will lay off more than 11,000 of its staff in the most difficult changes made in Meta’s history, according to CEO Mark Zuckerberg | Photo Credit: JOSH EDELSON In 2020, the number of people […]

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