GeetV

RT @[email protected]

Most IT firms are planning to lay off over 5-8 per cent of total workforce in upcoming quarters.
That's equal to 10,000-20,000 employees in each large firm.

Already at a 45 year high, the unemployment crisis in India is about to get much worse!

https://www.indiatoday.in/business/story/more-pain-for-mid-senior-it-employees-as-large-companies-plan-further-layoffs-1617737-2019-11-11

🐦🔗: https://twitter.com/drshamamohd/status/1193803547474890753

More pain for mid-senior IT employees as large companies plan further layoffs

IT employees in India, especially mid-to-senior level staff, stand the risk of losing their jobs as most firms are likely to lay off over 5-8 per cent of total workforce in upcoming quarters.

Nov 11, 2019 at 8:32amMastodon Twitter Crossposter
Show threadJaguar PawNov 11, 2019
@GeetV what is the reason behind these layoff? Is it the fact that companies are forced to cost cut or the employees that are being let go are simply not competent enough to work?