Thread regarding Collabera layoffs

Hello All - I am interviewing for a developer position at Collabera in Bangalore. I understand that the company is facing some pressures due to economic conditions and wanted to see if someone had any insight into how stable Collabera is from a financial and business standpoint. In short, I am puzzled by opposing signals I am getting, I hear from friends that the company is struggling at the same time I hear from the recruiters that the company is doing great and that it's well positioned compared to its peers. Any comment would be greatly appreciated.