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Job sites witness surge as layoff scare looms in IT, e-commerce sector

Indian start-ups let go of at least 9,200 employees last year, in comparison to 5,500 in 2015

Photo: Shutterstock
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Photo: Shutterstock

BS Web Team New Delhi
Are you hunting for jobs to save yourself from the crisis of being laid off? Or is it because you fear a minimal pay hike? Welcome to the club. Job sites have recently witnessed a 20-25% increase of applications from IT and e-commerce companies

Indian start-ups bid goodbye to at least 9,200 employees last year, in comparison to 5,500 in 2015, reported The Economic Times. One of the big players in the online space, Snapdeal, is in the process of laying off at least 1,000 employees

With the trend of meager pay hikes and a higher emphasis