The Indian IT sector has been hit by a wave of what experts are calling ‘silent layoffs’! These firings may lead to as many as 50,000 people losing their jobs in the IT sector by year-end. Whilst precise dismissal figures remain unclear, projections indicate about 25,000 job losses between 2023 and 2024, with expectations of this figure doubling in the current year, according to an ET report. Industry experts indicate that current market conditions warrant caution, as companies' business growth and increased AI technology implementation, which handles routine engineering tasks, are compelling software firms to reduce their surplus workforce. Although TCS garnered significant attention for its July announcement to reduce 2% of its staff (approximately 12,000 from 600,000) by March

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