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The Latest Breaking News from CIEL HR Services

120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be next

Global technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automating tasks, even while reporting strong revenues. India's IT sector faces potential job losses as companies redesign their operational strategies. Fresh graduates are experiencing delayed onboarding and withdrawn job offers from major tech…

The Economic Times · Jul 9

Start-ups struggle to retain talent, despite good salaries: study

‘Tech hiring has become increasingly cut throat as MNCs, traditional IT firms, start-ups are looking to grab top technology talent, leading to an astronomical gap in talent demand and supply’

The Hindu · May 28, 2022

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