A wave of layoffs in the information technology sector is set to unfold as Meta Platforms and Microsoft plan job cuts or announce buyouts that could affect as many as 23,000 employees.
India and France have agreed to expand bilateral partnership in the areas of high-end technology sectors.
"Software was the only spending category that did not take a significant blow during the 2020 contraction, and we expected its growth to jump to nearly 15 per cent in 2021," the report showed.
