It is known that many IT companies have been announcing layoffs for some time now. On this occasion, comments are being heard that jobs in some companies are waiting for three days. It is known that major IT organizations have taken key decisions at this time.
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Yes. Many major IT companies are laying off their employees citing uncertain economic costs. At the same time, it is known that many IT companies have stopped hiring new employees in the first quarter of the new financial year. With this, many companies are hearing comments that as a part of the work to reduce costs. At the same time, it is said that many freshers are already being fired by IT companies.
It is said that such decisions are being taken before the prohibition period. At the same time, it is said that some companies are planning to cut the annual salaries along with postponing the salary hike of the employees. Observers say that the condition of IT employees in some companies is dire.
Sachin Bansal's Navi company and Educt Startup Skill Link are ready to send many of their employees home. It is said that 150 to 200 production analytics department employees who are already working in the Navi company have been dismissed due to the market conditions. These steps are reportedly being taken to streamline operations to reduce costs.
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