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Amid Layoffs, Engineers' Hiring May Be Halved In FY24: Report

The Indian IT companies are likely to reduce net hiring of engineers by nearly half year on year in the next fiscal amidst rising caution among companies, reported the Economic Times. TeamLease, one of India s leading providers of human resource services in the organized segment, expects a 40 per cent dip on the FY24 employee addition vis-à-vis FY23 addition, based on the current outlook from companies. aaa ....

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