Meera Kumari
400 views
8 hours ago
In the first five months of 2026, the global technology sector has seen massive layoffs affecting 116,739 employees, nearly triple the number from the same period last year. Companies like Meta, Uber, PayPal, and Cisco are cutting jobs to redirect funds toward AI development. March 2026 was the worst month with over 46,000 layoffs. Experts suggest that while India's IT sector is currently adapting by changing work methods and seeking hybrid-skilled professionals, the shift toward automation and AI skills is becoming mandatory for job security in the white-collar sector. https://www.etvbharat.com/pa/technology/in-2026-116-739-employees-have-been-retrenched-in-the-technical-sector-within-5-months-pbs26060802213 #Creator program