Job cuts at Infosys and other tech companies, bring these firms in focus
Infosys recently laid off 240 trainees due to their failure to meet internal assessment criteria, offering them transition assistance and outplacement services. As tech industry layoffs rise, companies are increasingly using outplacement firms to support retrenched employees amid digital transformation and workforce restructuring. This trend extends beyond IT, impacting sectors like pharma and food processing, reflecting broader economic challenges.
