Summary:
- India's IT industry is facing a wave of layoffs, with major tech companies like Wipro, Infosys, and Tech Mahindra cutting thousands of jobs.
- The layoffs are being driven by the increasing use of artificial intelligence (AI) and automation in the tech sector, which is reducing the need for human workers.
- Experts warn that the job losses in India's critical IT sector could have broader economic implications, as the industry is a major employer and contributor to the country's GDP.