Economy is growing steadily and Washington understands impact of job cuts: White House on layoffs in major US IT companies
Shortpedia
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As mass lay offs have become a trend in the US this season, especially in the IT sector, White House has said the economy is growing steadily and Washington understands the impact of job cuts. In the last several weeks, major IT companies, like Google, Microsoft, and Amazon, have fired thousands of IT professionals. A significant number of them are either Indian Americans or Indian IT professionals.