IT layoffs

Over 15,000 tech workers lost jobs in May globally; Worrying signs for IT employees?

Since March 2020 when the Covid-19 pandemic started, 1.25 lakh employees have been laid off by around 718 startups globally. 

May 28, 2022, 11:03 AM IST

Despite layoffs, IT sector still has a reason to cheer – Here's why

India added about 1,000 technology start-ups in 2017.

Nov 02, 2017, 21:52 PM IST

Reports of depression among IT professionals exaggerated: Mohandas Pai

The reports of job insecurity leading to high levels of anxiety and depression among information technology professionals in India are baseless and exaggerated as there are no large scale layoffs, says a senior figure in the IT industry.

Jul 18, 2017, 15:36 PM IST

Havn't heard, seen massive layoffs in IT sector: Gopalakrishnan

The opportunities for new recruitment and promotions have shrunk in India's IT industry, a phenomenon natural when growth slows down, says an industry expert, who sees no merit in reports about massive layoffs.

Jun 05, 2017, 15:27 PM IST

Murthy asks senior execs to take pay cuts to stop IT layoffs

IT companies can protect the jobs of youngsters if senior executives take pay cuts, said Infosys co-founder NR Narayana Murthy.

Jun 01, 2017, 15:35 PM IST

Layoffs rile India's flagship IT sector, tough times likely to continue

IT outsourcing has long been one of India`s flagship industries but experts say automation, a failure to keep up with new technologies and US President Donald Trump`s clampdown on visas is creating industry-wide upheaval.

May 31, 2017, 11:48 AM IST