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Telecom industry aiming to hire staff laid off by Big Tech firms

Companies like Meta, Amazon, Twitter, Microsoft and Stripe among many others have laid off employees and rationalised their employee base. According to estimates by TeamLease, over 62,000 employees have received the pink slip in 2022, including layoffs announced by Amazon over the past week

Source | economictimes.indiatimes.com | Urvi Malvania, ET Bureau

The Indian telecom eco-system could absorb up to 30% of the workforce laid off at the big tech firms and who chose to return to India. These include employees across technical and service profiles, say staffing experts.

Companies like Meta, Amazon, Twitter, Microsoft and Stripe among many others have laid off employees and rationalised their employee base. According to estimates by TeamLease, over 62,000 employees have received the pink slip in 2022, including layoffs announced by Amazon over the past

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economictimes.indiatimes.com
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