JOBS - A LAYOFF STORY
Job Layoff is a buzz word across the world as almost all the companies are going for Cost Cutting measures & Job Layoffs because of economic downturn, pandemic, Inflation, Russia-Ukraine war…. so on and so forth. Economic Times revealed that over 32000 employees were given pink slips in US alone and in India some 11000 employees were fired (July 2022). In this context an attempt is made to study and analyze the Job Layoff story in IT sector. The issue is of Topical interest and goes well to find out the actual facts of Layoffs with special reference to IT companies.
Layoff, IT Companies, Workforce, worsening economic situation, Hiring