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Indian IT industry worst hit as tech jobs dry up: Study

According to the recently-released Naukri JobSpeak study, hiring by the Indian IT companies declined 17 percent year-on-year in May 2017. Other tech jobs such as BPO and telecom companies also saw a downturn in the month compared to the corresponding period last year. Tech was the worst-hit sector overall, but the oil & gas sector also saw an 18 percent decrease in hiring, and pharma was down 1 percent.

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