Incedo inc going for layoffs ?

Overheard someone working at Inshorts Noida office that they are doing layoffs right now. Is it true ? Can someone confirm ?

With big corporate giants like Google, Apple, Bain, Tesla, Amazon etc. laying off staff in the name of cost reduction, automation&innovation and restructuring while at the same time tech companies like Accenture not awarding any yearly h...

https://www.moneycontrol.com/news/business/cognizant-says-revenue-will-decline-in-2023-to-lay-off-3500-employees-10523261.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts

Current recession giving ‘08 vibes to consulting companies in India:

• Accenture Strategy considering layoffs
• Deloitte (Consulting) considering layoffs
• Mckinsey - already have done non-consulting layoffs
• MBB - expected to push ou...