1.1K
Executives said the layoffs are part of broader restructuring plans focused on reducing costs, consolidating teams and prioritizing investments in artificial intelligence and automation.
The announcements follow a period of aggressive hiring during the pandemic, when demand for digital services surged. Industry analysts say many firms are now adjusting to slower growth.
Labor groups have raised concerns about job security in the sector, warning that continued downsizing could have wider economic effects in regions heavily dependent on technology employment.

