Browsed by
Tag: job losses

IT sector to reduce their head count, slated to remove 30k-40k mid-level staff: T V Mohandas Pai

IT sector to reduce their head count, slated to remove 30k-40k mid-level staff: T V Mohandas Pai

The move is being looked at as a part of improving productivity with less no of people. Focused on automation and up-skilling, IT is banking on resources with multiple skills Indian IT sector is currently facing a rough patch owing to slow growth and a reduction in demand. Faced with this challenge, industry is looking to reduce the head count at their mid level staff. Generally speaking, in IT, mid-level staff is the one who has around 8-12 years of…

Read More Read More