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AI Startup Rilla Spends $1.7 Million Annually on Housing Stipends for Employees
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Blue Origin Seeks $10 Billion Investment at $130 Billion Valuation
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EPFO Centralizes Database, Announces Faster Service Delivery and Higher Withdrawal Limits
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Gulf Companies to Reveal Iran War's Financial Impact in Q2 Earnings
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India's IT Sector Sees Silent Layoffs Amid Restructuring
India's IT services industry, valued at over $315 billion, is undergoing silent layoffs and job cuts, with estimates suggesting 25,000-35,000 jobs could be lost this year. Companies are prioritizing productivity improvements and workforce restructuring due to intense competition and weaker business conditions.
