The pandemic outbreak, along with the halt in business continuity, has also brought in a drastic rise in unexpected layoffs where companies, even from the analytics industry, are letting their employees go, in order to keep their finances stable. Many analytics companies, such as DataRobot, Mixpanel, Kabbage have made headlines by laying off their employees or shutting off their operations amid this crisis. Alongside, tech giants like IBM as well as Uber have also announced firing a significant number of their analytics employees in their organisation due to this crisis. In fact, according to a report, in India, this pandemic has caused 1.5 lakh IT professionals, including the ones working with analytics, to lose their jobs.
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