Indian IT firms to fire 2 lakh employees annually: Report
Job cuts in the IT sector will be up to 2 lakh annually for next three years due to under-preparedness in adapting to newer technologies, Head Hunters India reported. However, these won't take place in major cities like Bengaluru, but in remote areas. This comes amid reports suggesting layoffs at firms including Wipro, following US President Donald Trump's protectionist policies.