Indian IT sector hit by ‘silent layoffs’: 50,000 people may lose jobs this year; what’s driving the wide-spread firings?
India’s tech sector is experiencing silent layoffs, with projections of over 50,000 workers impacted by year-end. Companies are reducing surplus staff through performance-linked departures and delayed career advancements, driven by AI adoption and business prudence. This trend signals a shift towards skills management and flatter structures in the industry.