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25-30% Job Cuts in India
update: 31st Oct, 2008 - Industries association Assocham has withdrawn its controversial report forecasting 25-30 per cent job cuts.
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has said that Indian companies are faced with shrinking margins and are likely to cut 25% to 30% of its work force. Employees in businesses like IT, [...]