Economic recession is going on. In recent days, there are reports of employees being fired from many tech companies all over the world. Big companies like Google Alphabet and Microsoft have recently announced layoffs of 10,000 employees.
This phase of retrenchment is going on in such a way that every day one or the other company is deciding to lay off employees. According to a data, '3000 employees are losing their jobs every day in India as well as globally. This situation may become more serious in the coming times, as some major tech companies have announced a large number of layoffs.In such a situation, the question arises that why the companies are laying off the employees at this speed and how much it affects the people of India? Watch video and get answers related to all of yours queries.