IT Layoffs

Elon Musk on Wednesday said that he bought the microblogging platform Twitter

Elon Musk on Wednesday said that he bought the microblogging platform Twitter

Accenture has a global workforce of around 513,000 people and out of them about 200,000 are in India

In a Q&A, Ashu Suyash of Crisil says these companies from across 55 sectors have a wage bill of Rs 12 trillion and are at risk if urban demand does not pick up

With job losses and redundancies looming large, firms have taken to the idea of reskilling their workforce with gusto

As many as 7,000 graduates including engineers have applied for 549 posts of sanitary workers advertised by the Coimbatore City Municipal Corporation after which Stalin called for intervention

There might be many humane examples of companies parting ways with their talent

Newer skill demand, increasing automation and regulatory pressure to threaten India's position as a major talent base

There have also been reports of mass layoffs by various companies

Nasscom chief says technology has created enough employment for them outside the IT sector

Instead, the Nasscom head said that the rate of growth of jobs had fallen across the IT industry

Driven by young workers, smaller global firms stepped up hiring in India to grow digital business

Nasscom, McKinsey India found that 50 to 70 per cent of workers' skills would be irrelevant by 2020

Most layoffs are taking place in segments like IT infra support, testing and software development

Start-ups like YourDOST plan counselling campaigns

Priyank Kharge says he also needs to consider employers' side of story, calls for re-skilling staff

The Forum for IT Employees claimed 56,000 layoffs across the country

Concerned about women employees, forum says they're soft targets for "forceful resignations"

PSG College of Technology has invited IT firms and external agencies to conduct training

FITE has already approached labour commissions in Chennai, Hyderabad and Pune