As digitisation and automation become the new normal, IT biggies like Infosys, Cognizant and Tech Mahindra are seeing a spate of layoffs and this trend may continue for the next 1-2 years, say experts.
"It's a situation wherein the available talent haven't kept up with the pace at which the industry was evolving and hence, many of them find themselves redundant," said Rituparna Chakraborty, TeamLease Services Executive Vice-President and co-founder.
However, there is surge in demand for latest and innovative technologies like data science, artificial intelligence and digital domain specific skills.
Talent management solutions provider KellyOCG India Country Director Francis Padamadan said, "We will continue to see some amount of rationalisation happening among IT companies though it is difficult to put a number."
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