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Artificial Intelligence (AI) is changing the way India's information technology (IT) companies hire, train and retain employees, with demand rising for specialised talent and advanced digital skills, according to a recent report by brokerage CLSA.

IT Jobs: 1.34 lakh global tech layoffs, yet TCS, Infosys and Cognizant plan 80,000 hires — Why?

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Around 58 per cent of tech workers who started a company after a layoff feel better about their new job security, stated the report.&nbsp;

63% of tech workers started their own firm post-layoff: Report

According to The New York Times, the cuts will target Amazon's devices organisation, which includes the voice assistant Alexa, as well as its retail division and human resources.

Amazon lay off: American multinational plans to trim workforce by 10,000

Tata Consultancy Services (TCS) said its LTM or Last Twelve Months attrition in IT services inched up further to 21.5 per cent but the company was quick to add that it will start seeing the churn "settle" in the coming months.

IT companies headed for lower attrition in coming quarters as global macro woes tame high churn, say analysts 

Karnataka's IT minister&nbsp;Priyank Kharge while speaking to a news agency has said that the government is keen&nbsp;on coming out with a policy addressing various problems including "forced resignation" adopted by IT companies, but not before listening to the problems faced by IT industry leaders and employees.&nbsp;

Layoffs: Karnataka Govt keen on policy to address issues like forced resignations, others in IT firms 

Infosys, Indian IT major has said that it will not be providing salary hikes to all employees starting this fiscal. This is in line with dwindling growth rate of the industry and re-skilling&nbsp;of IT professionals as a business need. 
&nbsp;

Salary hikes at Infosys only to certain employees in FY18 

Speaking to a news channel on the ongoing layoffs into the IT industry, Infosys co-founder&nbsp;N R Narayana Murthy said that it was possible&nbsp;for all IT companies to protect the jobs of youngsters if their senior management executives take some salary cuts.

It's possible for us to protect jobs of youngsters if senior execs take salary cuts, says Infosys' N R Narayana Murthy 

it-layoffs

Artificial Intelligence (AI) is changing the way India's information technology (IT) companies hire, train and retain employees, with demand rising for specialised talent and advanced digital skills, according to a recent report by brokerage CLSA.

Around 58 per cent of tech workers who started a company after a layoff feel better about their new job security, stated the report. 

According to The New York Times, the cuts will target Amazon's devices organisation, which includes the voice assistant Alexa, as well as its retail division and human resources.

Tata Consultancy Services (TCS) said its LTM or Last Twelve Months attrition in IT services inched up further to 21.5 per cent but the company was quick to add that it will start seeing the churn "settle" in the coming months.

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IT Layoffs

IT Jobs: 1.34 lakh global tech layoffs, yet TCS, Infosys and Cognizant plan 80,000 hires — Why?

IT Layoffs: After Amazon, This tech giant plans up to 6,000 job cuts amid AI shift – Full Details

63% of tech workers started their own firm post-layoff: Report

Amazon lay off: American multinational plans to trim workforce by 10,000

IT companies headed for lower attrition in coming quarters as global macro woes tame high churn, say analysts

Layoffs: Karnataka Govt keen on policy to address issues like forced resignations, others in IT firms

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