India's IT industry could see over 50,000 job losses by year-end, with firms like TCS and Accenture already cutting staff amid slowing demand. Unions allege illegal layoffs at TCS, claiming over 6,000 employees were retrenched without approval. Experts predict total layoffs may reach 60,000 as companies cite performance issues and restructure to manage costs.
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08:27 am on
15 Oct