Code Red: Layoffs Loom Large!
The global tech industry is witnessing yet another wave of layoffs, with Microsoft announcing it will cut about 9,000 jobs. It will affect less than 4% of its global workforce across roles, geographies, and seniority levels. Microsoft joins a growing list of tech giants like Intel, Google, and Amazon, which have all resorted to workforce reductions in recent months. The reasons cited are familiar: slowing revenue growth, rising operational costs, and the urgent need to reallocate resources towards emerging technologies such as Artificial Intelligence and automation. Companies claim these streamlining measures are necessary to stay competitive and future-ready. However, the impact on employees, many of them in India's booming tech workforce has been severe, with thousands suddenly facing uncertainty. India, home to one of the largest pools of tech talent, has not been spared. For many professionals, especially mid-level and support roles, these layoffs underscore the need to reskill and adapt to the AI-driven shift. This churn signals a major transformation in the tech ecosystem but also raises an urgent question- can Indian techies ride this disruptive AI wave and remain relevant, or risk being swept aside in the tide of change?
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