Sunday, 15 October, 2023
IT Industry Witnesses Ongoing Layoffs, Averaging 23 Tech Professionals Per Hour
![IT Industry Witnesses Ongoing Layoffs, Averaging 23 Tech Professionals Per Hour](https://d3vnc3w6v6jm99.cloudfront.net/it-industry-witnesses-ongoing-layoffs--averaging-23-tech-professionals-per-hour.webp)
Over the past two years, the IT industry has experienced a consistent trend of layoffs, with an average of 23 technology professionals being let go every hour. This data points to the challenges and fluctuations in the IT job market, reflecting the impact of various factors such as automation, changing skill requirements, and economic conditions that continue to reshape the industry's employment landscape.
Read full story at Economic Times