20,000 silent layoffs reported by IT employee union in 2023

According to the All India IT & ITeS Employees' Union (AIITEU), approximately 20,000 tech employees in India's IT sector faced "silent layoffs" in 2023. Silent layoffs involve discreet methods such as not renewing contracts or offering early retirements. Companies like TCS, Infosys, and Wipro were involved, except HCLTech.