Key Points
2023 was a challenging year for tech professionals across the globe due to large-scale layoffs announced by various tech companies..
The year 2023 began on a grim note for techies across the globe as many companies started announcing large-scale layoffs..
A recent report by the Mint revealed that in just one year, 4 IT giants - Infosys, TCS, Wipro and Tech Mahindra - laid off over 67,000 employees..
The report further reveals that while Infosys laid off 24,182 employees, Wipro handed the pink slip to 21,875 employees..
The company had also reportedly slashed the average variable pay of its employees by 40 percent for the quarter that ended on March 2023...
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