Is Microsoft layoff a signal for India’s tech sector to cut its flabby middle?

Shockwaves are rippling through the IT sector on news of Microsoft laying off around 3 per cent of its global headcount ( an estimated 7,000 people). As the company hinted on Tuesday that it was implementing changes to reduce the ‘layers’ of management, the tech sector viewed it as an early signal for the Indian IT sector to reduce its paunchy middle.
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