Nasscom calls for re-skilling 40% IT workforce amid job cuts
Amid reports suggesting mass layoffs in the IT sector, industry body Nasscom asserted that 40% of the approximately 40 lakh strong workforce in the sector has to be re-skilled in coming five years. IT professionals in India have to be well-versed with new technologies like artificial intelligence and virtual reality, it added. Nasscom earlier said reports of layoffs were incorrect.