Tech layoffs: Almost 1.5 lakh professionals to lose jobs, as 40 US firms slash their workforce

The global information and communication tech sector currently employs more than 55 million professionals, of which more than 12 million are in the US alone. With almost 40 layoffs, the American tech majors are laying off approximately 150,000 employees globally. Considering these figures the people being laid off in the tech sector, account for more than 10% of the country’s ICT workforce.