IT companies to lay off a whopping 30 lakh employees.

Crores of workers have already lost their jobs during this COVID-19 pandemic. Now, news has appeared in the media that, the leading IT companies, TCS, Infosys, Wipro, HCL, Tech Mahindra, Cognizant and others are planning to lay off as many as 30 lakh employees. This massive lay off exercise will be completed by 2022. Retrenchment of a massive 30 lakh IT employees will further deepen the crisis that is being faced by the working class in our country.

[Source: www.india.com, dt. 17.06.2021]