Tech layoffs ease, but companies go slow on hiring

Even as Big Tech layoffs decline in the US since the mass job cuts at the beginning of the year, the worst of the layoffs in India may also be largely behind us, top industry experts told ET.

But companies will continue to focus on how best to utilise existing capacity and go slow on hiring, except for niche skills, as demand constraints and lack of visibility continue to weigh on the entire tech cohort of services, products and tech enabled startups, the experts said.

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