With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employ over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping USD 100 billion mostly in salaries annually, says a report.

Automation: Indian IT companies to slash 3 million jobs; 30% of low-skill force by 2022

Office workers are ready to welcome automation of repetitive digital tasks, as on average employees spend more than three hours a day on mundane computer tasks which are not part of their primary job and are ripe for human error, a survey said on Tuesday.

Employees spend over 3 hours a day on easily automatable tasks: Study

Nowadays, the interaction between technological and societal changes plays a critical role.

Opinion: Why women are less likely to be replaced by robots

Nasscom claimed that 1,70,000 new jobs had been created in the recently ended financial year and predicted that up to three million new positions would be added by 2025

India's IT industry body Nasscom dismisses mass layoff reports

The textiles, clothing and footwear sector is at the highest risk of automation out of five industries analysed in the study

Millions of Southeast Asian jobs may be lost to automation in next two decades

Four out of every five employees at Lloyds, who received a $27 bailout in 2009, were reportedly working unpaid overtime every week

Lloyds to axe 640 jobs in cost-cutting drive

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