Indian IT Outsourcing Firms Cut 60,000 Jobs in First Layoffs in 20 Years

An anonymous reader shares a report: TCS, Infosys, and Wipro, India's top three IT outsourcing firms, have collectively seen their workforce shrink for the first time in at least 20 years. The trio reported a combined reduction of more than 63,750 employees in the financial year ending March 31, 2024.Read more of this story at Slashdot.