HCL Technologies Employees Layoff: If you are doing a job in the IT sector, then this news has worked for you. The country’s largest company HCL Technologies is preparing to lay off employees on a very large scale. The company has decided to fire about 350 working people. In such a situation, on 30 September 2022, the last day of these hundreds of workers will be in the company. After this big announcement by HCL Tech, the biggest question is arising that why the company has decided to lay off such a large number of employees (HCL Technologies Employees Layoff). Let us tell you the reason behind this decision of the company-
Why did the company decide to lay off?
The country’s largest IT company HCL Tech has taken this decision in view of the slowdown. According to media reports, the company is going to lay off employees working on a project for Microsoft. HCL had some differences with Microsoft regarding this project. After this, the company has decided to lay off employees after the project got out of hand. 30 September 2022 will be the last day of all the employees in the company.
There may be a slowdown in the IT sector
The direct impact of rising inflation and recession across the world can be seen on the IT sector. Experts claim that many employees of the IT sector can be laid off in the coming times. On the other hand, talk about HCL Technologies, that the company has not yet officially commented on this news and its information was given to the employees only after the Town Hall meeting. After this decision of HCL, concern has also increased among the employees of TCS, Infosys and Wipro.
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