It Layoffs 2024 India. Following significant workforce reductions in 2022 and 2023, this year has more than 130,000 job cuts. This year, so far over 56,000 tech professionals have been laid off.
Layoff of 500 people, 17% of workforce. The 8,000 layoffs in india’s tech sector in 2024 are a sign of the industry shifting gears, with companies prioritizing profitability and efficiency.