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Seven IT firms to layoff 4.7% of their employees

Amid the strict visa regulations of the Trump admin, top IT companies in India are reportedly set to lay off around 4.7% of their employees. According to reports, Infosys, CTS, Wipro, HCL, Tech Mahindra, DXC Technology and Capgemini, which have an employee strength of 1.24 million people, are planning to ask at least 58,000 workers to leave in 2017.

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