Home Cloud services trigger price war as startups reduce costs; IT firms may reduce hiring of engineers

Cloud services trigger price war as startups reduce costs; IT firms may reduce hiring of engineers

Indian startups are reducing their spending on cloud storage and renegotiating contracts with cloud service providers, such as Amazon’s AWS.
This has triggered a price war among cloud service providers.
IT firms may halve their hiring of engineers due to the uncertainty caused by the funding crunch.

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