<ul><li>In 2023-2024, India's IT sector silently laid off over 20,000 employees due to economic challenges. Workers faced grim choices: accept lower payouts or resign voluntarily.</li><li>The trend persisted in 2024, affecting even industry giants like Cognizant and Infosys. Employees were coerced into signing NDAs and working longer hours, while companies claimed no layoffs occurred.</li><li>However, industry insiders revealed a different story, citing the highest job losses since the 2008 financial crisis. Layoffs were staggered to avoid attention, with smaller firms hit the hardest. The crisis underscores broader issues in India's IT landscape, impacting livelihoods across the sector.</li></ul>

Silent layoffs grip Indian IT sector, impact over 20,000 employees

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