Innodata Lays Off Nearly 550 Employees In India: Report

by · Inc42

SUMMARY

  • Innodata has reportedly laid off nearly 550 employees in India, with job cuts also reported in the Philippines
  • The layoffs add to ongoing workforce uncertainty across the technology sector as companies reassess staffing and business requirements
  • Employees reported losing access to company systems on October 26, while a termination letter cited a reduction in the business assignment as the reason for the job cuts