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The Economic Times

Economy / The Economic Times

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Tech's brutal layoffs continue and India alone may lose up to 35,000 jobs

Global technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automating tasks, even while reporting strong revenues. India's IT sector faces potential job losses as companies redesign their operational strategies. Fresh graduates are experiencing delayed onboarding and withdrawn job offers from major tech firms.

9 Jul 2026 3:37 pm