💻 Technology 3h ago · Shrishti Bisht

Innodata Lays Off Nearly 550 Employees In India: Report

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Innodata Lays Off Nearly 550 Employees In India: Report
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US-based Innodata has become the latest company to lay off a big chunk of its staff in India. The AI services company reportedly axed nearly 550 jobs in the country, nearly 5% of its global workforce. 
According to a termination email reviewed by India Today, the company cited a “ramp-down of the (a) business assignment” as the reason for the layoffs. It also noted that the decision was not linked to individual performance. Simply put, a major client likely pulled the plug on a massive project a

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