More than 700 employees of Pune-based IT firm ThynkTech India lost their jobs after the company allegedly shut down abruptly. Police arrested CEO Harshal Thakre over alleged financial irregularities, while employees reported unpaid salaries, bounced cheques, and unreturned security deposits
Tech Mahindra has firmly denied social media rumours of large-scale layoffs, clarifying in an exchange filing that no such proposal is under consideration. The IT major, employing 1.5 lakh people globally, recently partnered with Microsoft to launch an Agentic AI platform for telecom and enterprise modernisation.
