IT
Nasscom anticipates more layoffs across IT services industry in the near term
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India’s apex IT services industry body Nasscom acknowledged that the industry is at an “inflection point” and anticipates some level of workforce rationalisation in the near term.
This is due to the pivot toward product-aligned delivery models and the rising demand from global clients for greater agility, speed, and innovation, it said in a statement on Tuesday.
This comes after Tata Consultancy Services (TCS), the largest IT employer, announced that it will trim 2% of its global workforce and let go of 12,000 mid- and senior-level…
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