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Nasscom’s statement has come a day after Bank of America had stated the Indian software firms were going to cut 3 million jobs by 2022, which would help them save a whopping $100 billion mostly in salaries annually. The IT-BPM sector overall employs 4.5 million people as of March 2021: Nasscom

National Association of Software and Services Companies in its latest update informed about the evolution of traditional technology jobs and roles that will be leveraged by new technology and automation which will lead to creation of newer jobs, thereby improving the employment prospects.

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