Job cuts in India just a small fraction of global layoffs: Recruitment firms

These layoffs (globally) are predominantly in tech services, products firms and funded startups, and even at some consulting, ecommerce and consumer tech enterprises, which are carrying out workforce optimisation and restructuring exercises, said executives at Adecco, Randstad, Xpheno and ManpowerGroup, among others. Most companies had started the layoff exercises in 2022. April 21, 2023 at 12:50AM