SP said no layoffs, we're hiring. Not sure I believe him, but we'll see.
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Hiring to replace old folks with new low cost freshers, 30 k old staff will be made to leave.
It means that many old folk must leave, to maintain higher and higher profit margins
https://timesofindia.indiatimes.com/business/india-business/tcs-layoffs-rattle-it-sector-infosys-rules-out-job-cuts-focuses-on-freshers-and-ai-reskilling/articleshow/122982813.cms