Over 73,200 IT layoffs recorded in first 3 months of 2026
Over 73,200 jobs were cut in the initial three months of 2026 Q1FY26 by 95 Information Technology (IT) companies, data compiled by Layoffs.fyi said.
Over 73,200 jobs were cut in the initial three months of 2026 Q1FY26 by 95 Information Technology (IT) companies, data compiled by Layoffs.fyi said.
Artificial Intelligence is often described as the next phase of Information Technology. This idea has gained widespread acceptance across boardrooms, universities, and policy discussions.
The Centre on Friday directed law enforcement agencies of all states and Union Territories to accord priority to online crimes against women and children and ensure prompt and coordinated response to such cases.
At close, the Sensex was up 513.45 points or 0.61% at 85,186.47, while the Nifty was up 142.60 points or 0.55% at 26,052.65.
Bhubaneswar, once a temple town and now a rising urban star, stands at a critical juncture. As one of India’s fastest-growing Tier-2 cities, it has transformed into a hub for education, IT, tourism, and culture.
India’s IT spending is projected to reach $160 billion in 2025, an increase of 11.2 per cent from 2024, according to a report on Tuesday.
Indian IT industry’s apex body Nasscom on Wednesday congratulated Republican candidate Donald Trump on his victory in the US presidential polls, saying they look forward to working closely with the new US administration to strengthen the dynamic tech partnership between the two nations.
The Sensex was trading at 80,752.18 after slipping 254.43 points or 0.31 per cent. At the same time, the Nifty opened trading at 24,675.30 after falling 74.55 points or 0.3 per cent.
IT major L&T Technology Services Ltd reported a net profit of Rs 320 crore in the July-September quarter of FY 2024-25 on Wednesday, up 2 per cent in comparison to Rs 314 crore in the previous quarter.
Union Minister for Electronics and IT Ashwini Vaishnaw has said that India is moving towards becoming the next semiconductor hub for the world as big investment is happening in this sector in the country.
