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Silent layoffs: Around 35,000 tech jobs may be eliminated this year; India’s IT sector sees AI shift

The latest trend reflects a new phase in the restructuring of India's IT services industry, which is valued at over $315 billion. Companies are continuing to rationalise the workforce built up during the pandemic hiring surge after grappling with weaker business conditions over the past three years.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Y29EjLJ

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