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JOB CUTS: It started in the US few months ago has slowly engulfed the whole world.

JOB CUTS: It started in the US few months ago has slowly engulfed the whole world.

India may soon encounter job cuts, pink slips awaited

The finance minister say there will be no recession in India but with top global companies like Citibank announcing job cuts running into thousands can India seizes to remain isolated.

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