Bangalore Layoffs News July 2024
Bangalore Layoffs News July 2024. In may while 49 companies laid off 10,989 employees, june saw 46 companies sacking. Following significant workforce reductions in 2022 and 2023, this year has more than 130,000 job cuts across 457 companies,.
Bengaluru, india’s silicon valley, accounts for four of five layoffs by indian companies in 2023 so far, according to data from layoff tracker layoffs.fyi. In july 2024, the tech sector experienced continued layoff trends, resulting in over 8,000 job losses across 34 tech companies.